Mumbai, May 3 -- Reliance Power Limited (Reliance Power) subsidiary, Reliance NU Suntech Private Limited (Reliance NU Suntech), has signed a landmark 25-year long-term Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI), a leading Navratna Central Public Sector Enterprise.
According to a BSES Press release, this strategic agreement represents one of the most significant long-term power offtake arrangements in India to date, marking a major milestone in the nation's transition to clean energy. Reliance Power subsidiary, Reliance NU Suntech is set to develop and commission Asia's largest single-location integrated solar and battery energy storage system (BESS) project within the next 24 months, it said.
The proj...