Tata Power Solar, a Tata Power arm, has received a Letter of Award from Gujarat State Electricity Corporation Limited (GSECL) to build a 95 MW PV project. The project’s order value is approximately INR 460 crore ($63 million).
The commercial operation date is set for April 2022.
With this addition, the order pipeline of Tata Power Solar Systems stands at approximately 4.2 GWp with an approximate value of INR 12,500 crore—read a statement.
Speaking on the achievement, Praveer Sinha, chief executive officer and managing director, Tata Power, said, “We are glad to announce this new win of large grid-based solar EPC contract from GSECL, a leading public-sector undertaking. We have been progressively growing our portfolio to be the partner of choice for grid-scale solar projects.”
Tata Power Solar’s latest win follows the order to build 320 MW of ground-mounted solar project for state-owned power producer NTPC. The order value of the NTPC project is approx. ÌNR 1200 crore (US$162 million).
Founded in 1989, Tata Power Solar was originally formed as a joint venture between Tata Power and British Petroleum Solar (BP Solar). The company provides comprehensive EPC solutions and also manufactures PV modules.
Some of its project installations include 150 MW at Ananthapur, Andhra Pradesh; 50 MW at Kasargod, Kerala; and 30 MWp in Lapanga, Odisha. It also has a 105MWp of floating solar under implementation at Kayamkulam, Kerala, and has won a Gujarat auction for 400 MW of projects to be built at Dholera Solar Park.
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