RELINFRANSEReliance Infrastructure Limited· PowerMinimalNeutral
Announced Tue, 19 Aug · 09:05 IST

Reliance Infrastructure Limited has informed the Exchange regarding a press release dated August 19, 2025, titled "Media Release".

RELINFRA · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Reliance Infrastructure has received a Letter of Award from NHPC, a Navratna public sector enterprise, for a 390 MW inter-state transmission system (ISTS)-connected solar power project bundled with Battery Energy Storage System (BESS). Once commissioned, the project will add 700 MWp of solar DC capacity and 780 MWhr of BESS capacity to the Reliance Group's portfolio. The winning tariff stands at INR 3.13 per kWh, making it one of the most competitively priced offerings in India's energy transition space. The NHPC tender saw participation from 15 entities and was oversubscribed nearly 4 times. With this win, the combined Reliance Group clean energy pipeline crosses 3 GWp of solar and 3.5 GWhr of BESS, making it India's largest player in the integrated Solar + BESS segment.

Likely market impact

Positive for shareholders — a fresh large order strengthens Reliance Infrastructure's order book and confirms its leadership in the fast-growing renewable energy and storage space, which could support future revenue visibility and re-rating of the stock.