SJVN awards 100 MW solar project to Tata Power
Tata Power today announced that its EPC arm, Tata Power Solar Systems Ltd., has received a “letter of award” to set up a 100 MW ground-mounted solar project for state-owned hydropower producer SJVN.
Tata Power Solar Systems Ltd. will build the project at the Raghanesda solar park in Gujarat, with an estimated investment of INR 612 crore. It won the project through tariff-based competitive bidding. It is scheduled for commissioning within 11 months from the award of contract.
SJVN is a joint venture between the government of India and the state government of Himachal Pradesh. The company, which has a core strength in hydropower projects, is looking to expand its wind and solar energy project portfolio as it aims to reach 5 GW by 2023, 12 GW by 2030, and 25 GW by 2040.
Tata Power Solar Systems has commissioned several large-scale, ground-mounted solar projects in the country. With this win, its total ground-mount utility-scale portfolio will touch 9.9 GWp. To date, its total order book stands at INR 15,520 crore.
Tata Power Solar Systems also has more than 1.2 GW of rooftop PV and distributed-generation projects across the country, in addition to more than 76,000 solar water pumps installations. It is also one of the largest solar manufacturers in India, operating a manufacturing unit in Bengaluru with a production capacity of 635 MW of modules and 500 MW of cells.
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