Tata Power secures PPAs for 350 MW of solar projects
Wednesday, 02 August 2023, 14:44 IST
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has inked two power purchase agreements (PPAs) with Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) for commissioning two solar power projects, 200 MW and 150 MW, respectively. Located in Maharashtra, these projects of 200 MW and 150 MW will play an important part in fulfilling the state’s renewable energy targets, the firm said, adding that these initiatives also mark an important milestone in the country's efforts to speed up sustainable energy adoption and combat climate change.
The 200 MW and 150 MW solar installations are expected to be commissioned by mid-2025 and will generate a substantial amount of clean energy annually and reduce carbon dioxide (CO2) emissions by 4,28,800 tons and 3,11,200 tons annually, respectively. As part of the agreement, TPREL will provide clean and sustainable electricity to MSEDCL, contributing significantly to the state's renewable energy targets.
TPREL has tied-up 930 MW with MSEDCL, out of which 334 MW is presently supplied and the balance of 596 MW will be commissioned in the next 12-18 months. The total renewables capacity of TPREL to date stands at 7,783 MW with an installed capacity of 4,118MW (Solar - 3,136MW & Wind - 982MW) and 3,665 MW under various stages of implementation, including the present 350 MW.
The 200 MW and 150 MW solar installations are expected to be commissioned by mid-2025 and will generate a substantial amount of clean energy annually and reduce carbon dioxide (CO2) emissions by 4,28,800 tons and 3,11,200 tons annually, respectively. As part of the agreement, TPREL will provide clean and sustainable electricity to MSEDCL, contributing significantly to the state's renewable energy targets.
TPREL has tied-up 930 MW with MSEDCL, out of which 334 MW is presently supplied and the balance of 596 MW will be commissioned in the next 12-18 months. The total renewables capacity of TPREL to date stands at 7,783 MW with an installed capacity of 4,118MW (Solar - 3,136MW & Wind - 982MW) and 3,665 MW under various stages of implementation, including the present 350 MW.