Tata Power to develop 225 MW hybrid RE project
By EPR Magazine Editorial July 22, 2020 12:32 pm IST
By EPR Magazine Editorial July 22, 2020 12:32 pm IST
Tata Power, India’s largest integrated power company, announced that Tata Power Green Energy Limited (TPGEL), the Company’s wholly owned subsidiary, has received a Letter of Award from Tata Power Mumbai Distribution on 13th July to develop a 225 MW hybrid renewable project.
The energy will be supplied to Tata Power Mumbai Distribution 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 finalised recently by Tata Power Mumbai Distribution. The project is required to be commissioned within 18 months from the date of execution of the PPA.
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