Tata Power Renewable Energy To Set Up 150 MW Solar Project In Solapur

A 150 MW solar project in Solapu♕r, Maha♐rashtra, has been awarded to Tata Power Renewable Energy.

Updated on: 9 November 2022 1:03 pm

Tata Power Renewable Energy To Set Up 150 MW Sola🔴r Project In Solapur

Tata ൩Power Renewable Energy To Set Up 150 MW Solar Project In Solapur

Tata Poweꦬr Renewable Energy said it has received a 'letter of award' to set up a 150 MW solar project in Solapur, Maharashtra.

The 🐬project will be commissioned within 18 months from the power purchase agreement (PPA) ex♚ecution date.

"Tata Power Renewable Energy Ltd (TPREL), a subsidiary of Tata Power receives the 'Le𒉰tter of Award' (LoA) from the Maharashtra State Electricity Distribution Corporation Ltd (MSEDCL) to set up a 150MW solar project in Solapur, Maharashtra," it said in a statement.

The LoA was won through tariff-bജased competitive bidding followed by an e-reverse auction, it addღed.

TPREL CEO Ashish Khanna said, "The award is in line with our commitment to creating a sustainable ecosystem for transitioning towards a greener fuওture and affirms our potential to deliver...world-class solar projects."

With this, the total renewables capacity of TPREL has reached 5,786 MW with an installed capacity of 3,877 MW (solar - 2,949 MW and wind - 928 MW) and 1,909 MW under various stages of implementation.