Tata Power secures Letter of Award for 200 MW renewables, storage project


Tata Power Renewable Energy Ltd (TPREL), an arm of Tata Power, has received a Letter of Award (LOA) from SJVN to develop a 200 MW firm and dispatchable renewable energy (FDRE) project.

SJVN is a government-owned hydroelectric and renewable power generation and transmission company. It has been designated as the Renewable Energy Implementing Agency (REIA) by the Ministry of New and Renewable Energy (MNRE) for achieving the nation’s target of 500 GW by 2030.

To meet the 200 MW FDRE requirement, TPREL will develop a hybrid renewable energy plant comprising appropriate capacities of solar, wind, and battery storage components. This will ensure that the power generated by the plant is dispatched as and when needed by discoms during peak hours, providing stability to the grid.

TPREL won the 200 MW capacity through competitive bidding followed by reverse e-auction.

“FDRE provides round-the-clock power supply and supports the discoms in meeting their renewable purchase obligation (RPO) and energy storage obligation (ESO). This is the first FDRE power tender won by TPREL, showcasing its commitment to ushering in reliable and sustainable energy solutions. The tender includes a Greenshoe option, allowing for additional capacity beyond the initial 200 MW,” stated TPREL.

The project is scheduled for commissioning within 24 months from the signing of the power purchase agreement (PPA). The installation is estimated to offset 9 lakh metric tonnes of CO2 emissions annually.

With this project, TPREL’s total renewables capacity has swelled to 8,314 MW, comprising 4,100 MW of projects in different phases of development and an operating capacity of 4,214 MW (3,200 MW solar and 1,014 MW wind).


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