Tata Power Renewable Energy To Develop 150 MW For Tata Power Distribution
Tata Power Renewable Energy Limited (TPREL) has received a Letter of Award from Tata Power - Distribution on 31st Oct, 2019 to develop 150 MW of solar project. The power purchase agreement (PPA) will be executed upon approval and adoption of traiff by Maharashtra Electricity Regulatory Commission.
The energy will be supplied to Tata Power - Distribution (Tata Power - D) under a PPA, valid for a period of 25 years from scheduled commercial operation date. The company has won this capacity in a bid announced by Tata Power - D in August 2019. The project has to be commissioned within 18 months form the date of execution of the Purchase Agreement (PPA). The plant is expected to generate 360 MW of energy per year and will annually offset approximately 360 Million Kg of CO2.