In a major push toward clean energy, a 10000 crore investment by Anil Ambani is making headlines across the energy sector. His company, Reliance Power, through its subsidiary Reliance NU Suntech, has taken a massive leap by signing a 25-year Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI). The goal? To build Asia’s largest integrated solar and battery energy storage system (BESS).
This ambitious project is expected to be completed within 24 months and is part of India’s larger mission to transition to reliable, renewable energy.
What the Project Includes
The plan under this 10000 crore investment by Anil Ambani includes delivering 930 MW of solar power (AC) to the national grid. To ensure round-the-clock energy supply, it also incorporates a powerful battery storage system of 465 MW/1,860 MWh. This makes it Asia’s largest such solar-plus-storage facility.
To meet the contracted energy needs, more than 1,700 MWp of solar generation capacity will be installed. Power from this massive setup will be delivered at a fixed rate of ₹3.53 per kilowatt-hour for the full term of the agreement, ensuring affordability and price stability.
How the Project Was Secured
The project was awarded to Reliance NU Suntech in December 2024, as part of SECI’s Tranche XVII auction. Competing with other major energy players, the company emerged as the largest bidder. In a matter of just five months, the entire process — from bidding to contract signing — was completed.
To confirm its commitment, the company deposited a performance bank guarantee of ₹378 crore with SECI. This swift and decisive action reflects how serious Reliance Power is about reshaping India’s energy future.
Why This Project Matters
This 10000 crore investment by Anil Ambani isn’t just about building infrastructure — it’s about redefining how India uses and stores renewable energy. The integration of solar generation with large-scale battery storage solves a major problem: the intermittent nature of solar power.
With four hours of daily peak power supply guaranteed, the project will bring stability to the electricity grid. It will also help India make a cleaner shift away from fossil fuels without compromising on reliability.
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Reliance Power’s Growing Role in Renewable Energy
This isn’t a one-off venture. Reliance Power already operates a total of 5,305 MW across its energy portfolio, which includes both traditional and renewable sources. With the addition of this new project, the company is significantly strengthening its role in India’s clean energy landscape.
The 10000 crore investment by Anil Ambani puts him back in the spotlight — this time for a bold move into the future of sustainable energy. The scale of the project, its impact on grid reliability, and its role in India’s energy transition make it one of the most significant developments in the power sector in recent years.
Final Thoughts
With this huge initiative, the 10000 crore investment by Anil Ambani could become a benchmark for similar projects in India and beyond. It’s a sign that Indian companies are ready to play on the global stage when it comes to green technology and infrastructure. As the project moves forward, all eyes will be on how it shapes the future of clean energy in Asia.