Tata Power Renewable Energy Limited (TPREL), wholly owned subsidiary of Tata Power, has commissioned 150 MW solar capacity in the state of Rajasthan with Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) as the offtaker.
With this, the overall operating renewable capacity of TPREL now stands at 2,628 MW in India.
The project—located at Village Chhayan in Tehsil Pokharan—was won by the company in an MSEDCL auction at a tariff of Rs2.72/kW in May 2018.
The project is connected at 220 KV to Bhadla substation of state utility Power Grid Corporation of India Limited, making it Tata Power’s first inter-state transmission system (ISTS) connected solar project.
MSEDCL will buy the electricity produced from this plant under a 25-year power purchase agreement.
TPREL is currently developing 500 MW of renewable capacity across the country, including 100 MW in Uttar Pradesh (under PPAs signed with Uttar Pradesh Power Corporation Limited and Noida Power Company Limited), and 350 MW in Gujarat (100 MW at Raghanesda solar park and 250 MW at Dholera solar park) with Gujarat Urja Vikas Nigam Limited as the offtaker.
Speaking on the achievement, Tata Power CEO and Managing Director, Praveer Sinha said: “Renewable energy is the future for ‘New India’ and will play a big role in providing the country “24×7 Power for All by 2019”. For a tropical country like India, solar energy has the highest potential. Tata Power is focused to constantly proliferate the group’s renewable energy portfolio and we plan to generate 35-40% of Tata Power’s total generation from clean energy sources, largely through organic growth.”
“This is our first ISTS project and first to follow Feb 2019 CEA guidelines, hence showcases our ability to execute complex solar projects,” added Ashish Khanna, President-Renewables.