Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited and a prominent player in India’s renewable energy sector, has entered into a Power Purchase Agreement (PPA) with Tata Power Mumbai Distribution for a contracted capacity of 80 MW Firm and Dispatchable Renewable Energy (FDRE) project.
The project will integrate advanced solar, wind and battery storage systems to enable reliable energy dispatch during peak demand, thereby strengthening grid stability.
The project, to be completed within 24 months, is expected to generate approximately 315 million units (MUs) of electricity annually, mitigating over 0.25 million tons of carbon dioxide emissions per year. A key feature of this initiative is the commitment to a 4-hour peak power supply, ensuring at least 90% availability during peak demand hours to support the growing energy needs of Tata Power Mumbai Distribution.
This project will play a pivotal role in helping Tata Power Mumbai Distribution meet its Renewable Purchase Obligation (RPO), as mandated by the State’s Regulatory Commission.
Once commissioned, the clean energy generated from this project will be seamlessly integrated into Tata Power’s Mumbai distribution network, enabling the delivery of reliable, low-emission electricity to around 8 lakh customers across residential, commercial, and industrial consumers.
This collaboration reinforces TPREL’s position as a trusted leader in India’s renewable energy sector. With a steadfast commitment to sustainability and innovation, the company continues to drive forward India’s mission of a greener and more resilient energy future.
With this addition, TPREL’s total renewable utility capacity is 11.3 GW (PPA capacity is 9.4 GW) including 5.7 GW projects under various stages of implementation and its operational capacity is 5.6 GW, which includes 4.6 GW solar and 1 GW wind. Presently, the company’s solar EPC portfolio is more than 15.7 GWp of ground-mount utility-scale and over 3 GW of rooftop and distributed ground-mounted systems. TPREL aims to provide energy access to millions of people across the country via its integrated green energy solutions
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 country’s most significant renewable energy players. TPREL is a developer of renewable energy projects (including solar, wind, hybrid, round-the-clock (RTC), peak, floating solar, and storage systems including battery storage) that 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. Alongside its extensive portfolio of renewable solutions, the company boasts a cutting-edge solar cell and module manufacturing plant in Bengaluru, with capacities of 530 MW for solar cells and 682 MW for modules. The company’s 4.3 GW cell and module manufacturing plant in Tirunelveli, Tamil Nadu is the country’s largest single-location cell and module manufacturing 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 11.3 GW (PPA capacity is 9.3 GW) including 5.6 GW projects under various stages of implementation and its operational capacity is 5.7 GW, which includes 4.7 GW solar and 1 GW wind. Presently, the company’s solar EPC portfolio is more than 15.7 GWp of ground-mount utility-scale, over 3 GW of rooftop and distributed ground-mounted systems. TPREL aims to provide energy access to millions of people across the country via its integrated green energy solutions. Know more: www.tatapowersolar.com
About Tata Power:
The Tata Power Company Limited, a leading integrated power company and a part of the Tata Group, India’s largest multinational business conglomerate, owns a diversified portfolio of 15.9 GW. This portfolio spans the entire power value chain, from renewable and conventional energy generation to transmission, distribution, trading, storage solutions, and solar cell and module manufacturing. As a pioneer in India’s clean energy transition, Tata Power has 7.0 GW of clean energy generation, constituting 44% of its total capacity. Committed to achieving carbon neutrality before 2045, Tata Power has successfully partnered with public and private entities across India’s generation, transmission, and distribution sectors, serving approximately 12.9 million customers nationwide.
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The following press release/announcement may contain forward-looking statements within the meaning of applicable securities laws and regulations. These statements are based on management’s current views, expectations, assumptions, and projections regarding the Company’s future performance, business plans, growth prospects, competitive and regulatory environment, and other related matters. Such forward-looking statements are subject to various risks and uncertainties, which may cause actual results to differ materially from those expressed or implied in the statements. Factors that could cause actual results to differ materially from those contemplated in the forward-looking statements are not limited to changes in economic conditions affecting demand/supply and price conditions in the domestic and overseas markets in which the Company operates, alterations in the business environment, fluctuations in Government regulations, laws, statutes, judicial pronouncements, and other incidental factors. The Company does not undertake any obligation to publicly update or revise any forward-looking statements based on subsequent events, information, or developments, except as required by applicable laws and regulations
