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TATA Power Renewable to Develop Solar Farm for TATA Power DistributionTATA Power Renewable to Develop Solar Farm for TATA Power Distribution

Power News - Published on Wed, 06 Nov 2019

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Tata Power announced that its wholly owned subsidiary Tata Power Renewable Energy Limited has received a Letter of Award from Tata Power Distribution on 31 October 2019 to develop 150 MW of solar project. The Power Purchase Agreement will be executed upon approval and adoption of tariff by Maharashtra Electricity Regulatory Commission. The energy will be supplied to Tata Power Distribution under a PPA, valid for a period of 25 years from scheduled commercial operation date. TPREL has won this capacity in a bid announced by Tata Power - D in August 2019. The project has to be commissioned within 18 months from the date of execution of the PPA.

The Plant is expected to generate 360 MUs of energy per year and will annually offset approximately 360 Million Kg of CO2.

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Posted By : Rabi Wangkhem on Wed, 06 Nov 2019
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