Ahmedabad: Tata Power Renewable Energy Limited (TPREL) has obtained a letter of award from Gujarat Urja Vikas Nigam Limited (GUVNL) to develop a 100-megawatt solar project in Raghanesda Solar Park. The energy will be supplied to GUVNL under a power purchase agreement valid for 25 years from scheduled commercial operation date. The project has to be commissioned within 15 months from the date of execution of the agreement.
We are delighted to contribute towards the realisation of our country’s commitment towards clean and green energy through solar power generation,” said Tata Power’s Managing Director and CEO Praveer Sinha. TPREL has won this capacity in a bid announced by GUVNL in March 2019. The project has to be commissioned within 15 months from the date of execution of the PPA.
This is an important milestone in our endeavour to generate 35 to 40 pc of Tata Power’s total generation capacity from clean energy sources, said Ashish Khanna, president (renewables), Tata Power, in the statement.
With this win, TPREL’s capacity under implementation would become 500 MW which is in addition to the operating capacity of 2,268 MW. The plant is expected to generate 250 million units (MUs) of energy per year and will annually offset about 250 million Kg of carbon dioxide.
Tata Power’s
