Any subsidiary of R-Power has also been barred from SECI tenders, said a public notice issued by SECI, under the aegis of the Ministry of New and Renewable Energy (MNRE).
"Based on the above and in line with the tender conditions, it is hereby intimated that the entities, namely M/s Reliance NU BESS Limited, and M/s Reliance Power Limited (including its subsidiaries) stand debarred from participating in all the future tenders issued by SECI until 3 years from the date of issuance of the debarment notice," SECI said in a notice dated November 6.
In June, SECI issued a request for selection (RfS) for receiving bids for 1 GW of solar with 2 GW of standalone battery storage. Anil Ambani's R-Power was one of the successful bidders through its subsidiary Maharashtra Energy Generation Limited. It quoted one of the lowest bids received till date for battery storage at ₹3.81 per unit. The other similar winning bid was from JSW Energy.
This story is from the November 08, 2024 edition of Business Standard.
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This story is from the November 08, 2024 edition of Business Standard.
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