- The energy will be supplied to Tata Power Mumbai Distribution under a Power Purchase Agreement (PPA)
- The company said that the plant is expected to generate about 700 MUs of energy per year
Tata Power has announced that Tata Power Green Energy Limited (TPGEL) has received a Letter of Award from Tata Power Mumbai Distribution to develop a 225 MW hybrid renewable project.
The energy will be supplied to Tata Power Mumbai Distribution under a Power Purchase Agreement (PPA). It will be valid for a period of 25 years from scheduled commercial operation date. It won this capacity in a bid finalised recently by Tata Power Mumbai Distribution. It said that the project is required to be commissioned within 18 months from the date of execution of the PPA.
Annually offset approximately 700 million kg of carbon dioxide
The company said that the plant is expected to generate about 700 MUs of energy per year and will annually offset approximately 700 million kg of carbon dioxide. It also said that Tata Power’s renewable capacity will increase to 3,782 MW. Out of which, 2,637 MW is operational and 1,145 MW is under implementation including 225 MW won under this LOA.
Recently, Tata Power announced that Tata Power Renewable Energy Limited (TPREL), the company’s wholly-owned subsidiary, has received a Letter of Award from Gujarat Urja Vikas Nigam Limited (GUVNL) on 12 June 2020 to develop a 120 MW solar project in Gujarat
The energy will be supplied to GUVNL under a Power Purchase Agreement (PPA), valid for a period of 25 years from scheduled commercial operation date. The company has won this capacity in a bid announced by GUVNL under Phase VIII dated February 2020. The project is required to be commissioned within 18 months from the date of execution of the PPA.
