Anil Ambani-led Reliance Power’s wholly-owned subsidiary, Reliance NU Energies, has emerged as the largest winner in the 1500 MW/6000 MWh Firm and Dispatchable Renewable Energy (FDRE) ISTS tender issued by SJVN, which is a Navratna enterprise, according to a regulatory filing.

The company stated that it has received a Letter of Award (LoA) from SJVN on November 10.

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The company secured 750 MW/3,000 MWh, representing 50% of the total tender allocation, through a competitive online reverse auction held under the FDRE scheme. The tender aims to deliver round-the-clock renewable power using hybrid and storage-based energy solutions.

The tender was oversubscribed by 3.3 times, with 14 bidders qualifying for the online auction process. Reliance NU Energies emerged as the largest

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