Tata Power announced that its 100% subsidiary Tata Power Renewable Energy (TPREL) commissioned 150 MW solar capacity in Village Chhayan, Tehsil Pokharan, State Rajasthan. With this, the overall operating renewable capacity of TPREL now stands at 2,628 MW in India.
The Company had won this capacity in a bid at a tariff of Rs 2.72/kWh announced by MSEDCL during May 2018.
The sale of power from this solar plant has been tied up under a 25 year Power Purchase Agreement with Maharashtra State Electricity Distribution Co. The project is connected at 220 kV to PGCIL's Bhadla substation making it the Company's first ISTS solar project.
The Company is currently developing 500 MW of renewable capacity across the country including 100 MW under PPA signed with UPPCL and NPCL in Uttar Pradesh, 100 MW under a PPA signed with GUVNL at Raghanesda solar park and 250 MW at Dholera solar park.
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