Tata Power Renewable Energy Limited (TPREL), one of India’s largest renewable energy companies, and Tata Power’s wholly-owned subsidiary, has commissioned a 50 MW Domestic Content Requirement (DCR) PV plant at Pavagada Solar Park in Karnataka.
The project was won by the company on April 4, 2016, under the National Solar Mission Phase-II Batch-II Tranche-I state specific bundling scheme. With this development, TPREL’s total installed operating capacity now stands at 1,664 MW.
The 50 MW solar plants have been built over 253 acres. The generated electricity will be sold under a 25-year PPA with electric utility, NTPC Ltd at a tariff of INR 4.84 ($0.07)/kWh.
TPREL has also recently commissioned a 100 MW project in the same Pavagada solar park in Karnataka. Tata Power’s vision is to have 35-40% of the company’s total generation capacity from non-fossil fuel sources by 2025. Its renewable energy capacity this year crossed 2,000 MW, while its green generation portfolio crossed the 3,000 MW mark.