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Indian Power news highlights Reliance Power's latest stock exchange disclosure regarding a provisional attachment order issued on 10 July. According to the company, receivables of Rs 116.96 crore from Sasan Power and Rs 141.48 crore from Reliance Cleangen have been attached, resulting in an estimated direct financial implication of Rs 258.44 crore. The company has stated that it will legally challenge the order. The development adds to ongoing News on power sector.

The attachment forms part of an Enforcement Directorate investigation into alleged Prevention of Money Laundering Act violations covering 2017–19. Promoter-held Reliance Power shares owned by Reliance Infrastructure worth Rs 762.75 crore are also covered. The company clarified that the direct financial implication relates only to the receivables.

A provisional attachment requires statutory adjudication before becoming effective and may subsequently be appealed. Indian Power news therefore views the matter as a legal process still under review rather than a final liability. EnergylineIndia.com continues to monitor official disclosures, regulatory proceedings and corporate announcements. Indian Power news remains relevant for investors following financial risk, regulatory developments and the broader power sector. Indian Power news will track future updates as the adjudication progresses, Indian Power News, Reliance Power, Energy Sector, Infrastructure, News on Power Sector.

Reliance NU Energies, a subsidiary of Reliance Power, has clinched a major renewable energy deal with SJVN Limited to develop a 350 MW solar power project, further cementing Reliance’s growing dominance in India’s clean energy transition.

As part of the agreement, the solar facility will be paired with a 175 MW/700 MWh Battery Energy Storage System (BESS), which will enable the storage and delivery of 175 MWh of electricity for up to four hours—significantly enhancing grid reliability and flexibility.

A Strategic Leap in Green Energy

This hybrid solution—combining solar generation with energy storage—positions Reliance NU Energies at the forefront of India’s evolving energy landscape. With increasing pressure to reduce carbon emissions and shift towards sustainable power, integrated systems like this are key to ensuring a stable, 24/7 power supply from intermittent renewable sources.

"This project is a milestone in our clean energy roadmap, combining large-scale solar capacity with advanced battery storage to support India’s renewable energy ambitions," a Reliance Power spokesperson said.

Driving India’s Energy Goals

SJVN Limited, a joint venture between the Government of India and the Government of Himachal Pradesh, awarded the project as part of its mission to ramp up renewable capacity in the country. The move is aligned with India’s broader target to reach 500 GW of non-fossil fuel capacity by 2030.

The project also marks a strategic boost to Reliance’s energy storage portfolio—a critical component as India pushes for greater integration of solar and wind into the national grid.

Key Project Highlights:

Solar Capacity: 350 MW

Battery Storage: 175 MW/700 MWh

Storage Duration: 4 hours backup at 175 MWh

The deployment of the BESS will help in managing peak loads, reducing dependence on fossil fuels, and stabilizing electricity supply during demand fluctuations or low solar generation periods.