Tata Power Renewable Energy Commissions 100 MW Solar Project in AP

We plan to add around 1,000 Mw renewable energy capacity to our portfolio every year, scaling it to 45-50 percent in the next five years, largely through organic growth

India’s largest power integration company, Tata Power Renewable Energy Ltd (TPREL) announced it has commissioned a 100 MW solar power plant at Anthapuramu Solar Park in Andhra Pradesh.

An arm of Mumbai-based private power producer Tata Power, TPREL’s overall operating renewable energy capacity of the company stands at 2,215 Mw in India, the firm said in a statement.

The company has tied-up the sale of power from the plant under a 25-year Power Purchase Agreement with state-owned Solar Energy Corporation of India (SECI).

“We plan to add around 1,000 Mw renewable energy capacity to our portfolio every year, scaling it to 45-50 percent in the next five years, largely through organic growth,” Tata Power Managing Director and Chief Executive Officer (CEO) Praveer Sinha said.

The project is part of a scheme by the Ministry of New And Renewable Energy (MNRE) for developing grid-connected solar power capacity under the second phase of Jawaharlal Nehru National Solar Mission (JNNSM) through Viability Gap Funding.

TPREL is Tata Power’s primary investment vehicle for renewable energy based power generation capacity. The company’s current operational capacity includes 931 MW wind and 1,284 MW solar projects in India. TPREL is also setting up greenfield renewable energy projects of 121 MW capacity at multiple locations.