From Maharashtra State Electricity Distribution Co.
Tata Power announced that Tata Power Renewable Energy (TPREL), the Company's wholly owned subsidiary, has received a Letter of Award from Maharashtra State Electricity Distribution Co. (MSEDCL) to develop a 100 MW solar project in Maharashtra.The energy will be supplied to MSEDCL under a Power Purchase Agreement (PPA), valid for a period of 25 years from scheduled commercial operation date. The Company has won this capacity in a bid announced by MSEDCL under Phase V dated December 2019. The project is required to be commissioned within 18 months from the date of execution of the PPA.
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