Tata Power announced today its arm TP Saurya Limited (TPSL) has received a Letter of Award (LoA) from Rewa Ultra Mega Solar Limited (RUMSL) to build 330 MW of PV project in Neemuch Solar Park of Madhya Pradesh. The awarded capacity comprises two units of 170 MW and 160 MW, won at INR 2.14 and INR 2.149 tariffs, respectively, in an auction by RUMSL.
Chief Minister of Madhya Pradesh Shivraj Singh Chouhan, in the presence of Hardeep Singh Dang, Minister of Department of New and Renewable Energy, and other key dignitaries handed over the LOA to Ashish Khanna, President-Renewables, Tata Power.
The projects will be set up at the 500MW Neemuch Solar Park in the Neemuch district of Madhya Pradesh. The energy generated will be supplied to the Indian Railways and the Madhya Pradesh Power Management Company Limited under a 25-year power purchase agreement. The project is scheduled to be commissioned within 19 months from the date of PPA execution.
With this project, the total renewable capacity of Tata Power will reach 4,361 MW comprising an installed capacity of 2,947 MW and 1,414 MW under implementation.
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