TATA Power Commissions 25MW Solar Power Plant in Gujarat

The total installed operating capacity for TPREL with this project now stands at 1484 MW.

Tata Power’s wholly-owned subsidiary, Tata Power Renewable Energy Ltd. has successfully commissioned a 25MW solar power plant in Charanka, Gujarat Solar Park. The company secured the project in November 2016 through viability gap funding mode under the National Solar Mission of Government of India. Notably, the foresaid commissioning has been achieved way ahead of the actual timelines of December 2017 in the PPA.

Built over a sprawling 113 acres of land, the solar plant has been tied up under a 25 year Power Purchase Agreement with SECI at a tariff of Rs 4.43/unit. The total installed operating capacity for TPREL with this project now stands at 1484 MW.

“We aim to create a focused renewable energy business in TPREL with a sustained growth trajectory. The commissioning of a 25 MW solar plant in Gujarat marks a milestone in our drive, to grow our portfolio of clean and renewable energy generation. We are grateful to the Government of Gujarat and to the nodal agencies for their support while developing the project. As always, we will continue to look for opportunities to acquire operating wind and solar plants, apart from our own organic growth pipeline, to grow our generation portfolio,” said Rahul Shah, CEO, Tata Power Renewable Energy Limited.

By 2025, Tata Power visions to produce 35-40 percent of total generation capacity from sources of non-fossil fuels. The surpassing of 2000MW target of Tata Power’s renewable energy capacity this year and green generation portfolio crossing the 3000 MW mark has been a tremendous achievement.

Source: Tata Power