Net Zero Summit

TPREL to develop 100 MW solar power project in Maharashtra

Tata Power‘s wholly-owned arm Tata Power Renewable Energy Limited (TPREL) has received a letter of award from Maharashtra State Electricity Distribution Co Ltd. (MSEDCL) to develop a 100 MW solar power project in Maharashtra.

The company informed abou the solar power project in a filing to BSE.

The energy generated from the solar power project will be supplied to MSEDCL under a power purchase agreement, valid for a period of 25 years from scheduled commercial operation date.

The solar power project bagged by TPREL is expected to be commissioned within 18 months from the date of execution of the PPA.

The plant is expected to generate about 240 million units of energy per year and will annually offset approximately 240 million kg of CO2.

Tata Power CEO and MD Praveer Sinha said “With this award, the cumulative capacity of renewables will be 3,557 MW.”

Tata Power’s renewable capacity will increase to 3,557 MW, out of which 2,637 MW is operational and 920 MW is under implementation including 100 MW won under this letter of award, the company said.

[jetpack_subscription_form subscribe_placeholder=”Enter your email address” show_subscribers_total=”false” button_on_newline=”false” submit_button_text=”Sign Up” custom_background_emailfield_color=”undefined” custom_background_button_color=”undefined” custom_text_button_color=”undefined” custom_font_size=”16″ custom_border_radius=”50″ custom_border_weight=”2″ custom_border_color=”#00d084″ custom_padding=”15″ custom_spacing=”10″ submit_button_classes=”has-00-d-084-border-color has-background has-luminous-vivid-amber-to-luminous-vivid-orange-gradient-background” email_field_classes=”has-00-d-084-border-color” show_only_email_and_button=”true” ]