Tata Power Renewable Energy Ltd (TPREL), an arm of Tata Power, has signed a power delivery agreement (PDA) with Neosym Industry Ltd, a gray and S.G. iron casting manufacturer, for a 26 MW AC ‘group captive’ solar plant.
The project will be located at Jamkhed in the Ahmednagar district of Maharashtra. It is expected to produce 59 million units annually, helping offset 32,500 tonnes of CO2 emissions per year.
The plant is scheduled to start operation from March 2024.
With this, TPREL’s total renewables portfolio now stands at 7,821 MW, including 3,689 MW projects under various stages of implementation. The company’s operational capacity is 4,132 MW, which includes 3,139 MW solar and 993 MW wind.
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