Reliance Plans Rs 10,000 Crore Solar Project in Andhra

Reliance NU Suntech Private Limited, a subsidiary of Reliance Power, is set to invest over Rs 10,000 crore to develop a 930 MW solar power plant with an integrated 1,860 MWh battery energy storage system in Kurnool, Andhra Pradesh. This project, claimed to be Asia's largest solar and battery storage facility at a single location, is expected to provide a peak power supply for four hours daily. The project aims to create approximately 1,000 direct jobs and provide employment to around 5,000 workers during the construction phase. Additionally, Reliance Power plans to invest Rs 6,500 crore in a solar manufacturing facility, scouting for 1,500 acres of land near the Rambili industrial area. The company aims to commission the solar project within 24 months of signing a power purchase agreement with the Solar Energy Corporation of India (SECI). This investment marks a significant boost to the renewable energy sector in Andhra Pradesh and reflects Reliance Power's recovery efforts after financial difficulties.