Reliance Power shares jump 5% after arm wins 930 MW solar project from SECI

Reliance NU Suntech, a subsidiary of Reliance Power, secured a 930 MW solar energy project with a 465 MW/1,860 MWh battery storage system in a SECI auction. The 25-year project, won at a tariff of Rs 3.53/kWh, involves a four-hour daily peak power supply and will be connected to the interstate transmission system.