Tata Power to Develop 250 MW Solar Plant in Gujarat

Tata Power Renewable Energy Limited has received an LOA from GUVNL to develop a 250 MW solar plant in Dholera Solar Park of Gujarat.

Tata Power, India’s largest integrated power company, has announced that its wholly-owned subsidiary, Tata Power Renewable Energy Limited (TPREL) has received a Letter of Award (LOA) from Gujarat Urja Vikas Nigam Limited (GUVNL) to develop a 250 MW solar plant in Dholera Solar Park of Gujarat.

This capacity is in addition to 100 MW awarded by GUVNL earlier at Raghanesda Solar Park in May this year.

The energy will be supplied to GUVNL under a Power Purchase Agreement (PPA) valid for a period of 25 years from the scheduled commercial operation date. The company has won this capacity in a bid announced by GUVNL in January 2019.

The project has to be commissioned within 15 months from the date of execution of the PPA. The solar plant is expected to generate 635 MUs of energy per year and will annually offset approximately 635 million kg of CO2.

Praveer Sinha, CEO & MD, Tata Power, said “we are proud to announce that we have been awarded 250 MW solar project in Gujarat, and are thankful to the government of Gujarat and the officials at GUVNL for this opportunity. We are delighted to contribute towards the realisation of our country’s commitment towards clean and green energy through solar power generation.”

“With this win, we continue to demonstrate our strong commitment towards renewable energy as well as project development, engineering and execution capabilities. This is an important milestone in our endeavour to generate 35-40 percent of Tata Power’s total generation capacity from clean energy sources. We hope to continue to build on our capabilities, deliver over expectations and create high benchmarks all around.” said Ashish Khanna, President-Renewables, Tata Power.

With this win, TPREL’s capacity under implementation would become 650 MW which is in addition to its operating capacity of 2,476 MW.

Recently, we reported that NTT Com-Netmagic, a leading Managed Hosting and Multi-Cloud Hybrid IT solution provider in India, has announced a partnership with Tata Power to build its first 50 MW solar PV power plant in Solapur, Maharashtra.