Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited (Tata Power) has received the “Letter of Award” (LoA) from Tata Power Delhi Distribution Limited (Tata Power-DDL), a joint venture of Tata Power and the Govt. of NCT of Delhi, for setting up a 255 MW hybrid (wind and solar) power project in Karnataka. The project will be commissioned within 24 months from the PPA execution date. The letter was awarded through an e-reverse auction.
The power generated from the project will be supplied to Tata Power-DDL, which supplies electricity to a populace of over 7 million in North Delhi. The letter indicates the current capacity bifurcation as 85 MW solar and 170 MW wind power with the green-shoe option of additional capacity of 85 MW solar and 170 MW wind.
Speaking on the project win, Mr Ashish Khanna, CEO, Tata Power Renewable Energy Limited, said, “We are pleased to facilitate Tata Power-DDL’s clean energy requirements with the 255 MW hybrid power project. We envision that this association will also encourage other Discoms in the country to enhance the share of sustainable energy in their overall energy mix and contribute towards the country’s net zero emission target.”
With this win, the total renewables capacity of TPREL reaches 6,048 MW with an installed capacity of 3,884 MW (Solar – 2,956 MW & Wind – 928 MW) and 2,164 MW under various stages of implementation.
About Tata Power Renewable Energy Limited:
Tata Power Renewable Energy Limited (“TPREL”) is a subsidiary of The Tata Power Company Limited and is one of the most significant renewable energy players in the country. TPREL is a developer of renewable energy projects (including solar, wind, hybrid, round-the-clock (RTC), peak, floating solar, storage systems including battery storage) which it owns, operates and maintains. It also offers comprehensive green energy solutions for rural and urban areas like turnkey, EPC and O&M solutions for various business segments like utility scale projects, solar rooftop, and solar pump systems. Along with its extensive portfolio of renewable solutions, it has a state-of-the-art solar cell and module manufacturing plant of over 1.1 GW at Bengaluru and plans to set up a Greenfield 4 GW solar cell and 4 GW solar module plant. In addition, TPREL also provides electric vehicle (EV) charging solutions across various segments and other advisory solutions across the renewable sector.
As on date, TPREL’s total renewable utility capacity is 6,048 MW including 2,164 MW projects under various stages of implementation and its operational capacity is 3,884MW, which includes 2,956 MW solar and 928 MW wind. Presently, the company’s solar EPC portfolio is more than 10 GWp of ground-mount utility-scale, over 1.3GW of rooftop and distributed ground mounted systems and over 87,000 solar water pumps. TPREL aims to provide energy access to millions of people across the country via its integrated green energy solutions.