Tata Power Renewable Energy To Set Up 200MW Solar Plant In Maharashtra

Tata Power Renewable Energy (TPREL), a subsidiary of Tata Power, has received the ‘Letter of Award’ (LoA) from Maharashtra State Electricity Distribution Company (MSEDCL), a wholly owned corporate entity under the Maharashtra Government, to set up a 200 MW solar PV project in Maharashtra, the company’s statement said.

According to the statement, the project will be commissioned within 18 months from the PPA execution date, which was awarded through competitive bidding, followed by a reverse e-auction. The installation will reduce around 432.94 million kg of CO2 emissions annually and will be one of the most substantial solar PV projects, the release added.

Ashish Khanna, CEO of the company said, “We are proud that TPREL is playing a crucial role in fulfilling Maharashtra’s renewable energy targets. We have a current countrywide portfolio of more than 6.5 GW and securing yet another ‘Letter of Award’ for setting up a 200 MW solar PV project underlines the trust and confidence MSEDCL has in our execution and engineering capabilities. We are confident that this project will further strengthen our position as a leader in providing clean and reliable power in the state for years to come.”

With this, the total renewables capacity of TPREL reaches 6,503MW with an installed capacity of 3,909 MW (Solar - 2,981 MW and Wind - 928 MW) and 2,594MW under various stages of implementation, the statement reads.