Tata Power Renewable Energy signs SPA to acquire Welspun Renewables Energy Updated On Mon, Jun 13th, 2016 by Saurenergy Tata Power Renewable Energy Limited (“TPREL”), a 100% subsidiary of Tata Power, has signed a Share Purchase Agreement (SPA) with Welspun Energy (“WEPL”) to acquire its subsidiary Welspun Renewables Energy Private Limited (“WREPL”). It is estimated to be Rs 9,500 crore ($1.4 billion) deal. This is one of the largest transactions in renewables space in […] Read more
Tata Power Renewable Energy bags 100 MW solar project in Karnataka under NSM Updated On Fri, May 20th, 2016 by Saurenergy Tata Power Renewable Energy (TPREL) has bagged two solar grid connected photovoltaic projects of 50 MW capacities each in Pavagada Solar Park in the Tumkur district of Karnataka. The projects have been awarded through OPEN category under the Jawaharlal Nehru National Solar Mission (JNNSM) Phase-Il Batch-Il Tranche-l under ‘State Specific Bundling Scheme’. TPREL has received […] Read more
Tata Power to acquire renewable energy assets of Welspun Group: Report Updated On Mon, May 2nd, 2016 by Saurenergy Tata Power is reportedly gearing up to acquire the renewable energy assets of the diversified Welspun Group, valuing the 1,152 MW portfolios of operational solar and wind farms. The ET citing sources close to the company reports that the deal may be valued at close to $1.45 billion inclusive of debt. Both the companies are in final […] Read more
Tata Power to raise share of its renewable energy output from its earlier target of 20% to 30-40% by 2025 Updated On Mon, Apr 25th, 2016 by Saurenergy Tata Power has decided to raise share of its renewable energy output from its earlier target of 20%, to 30-40% by 2025 reports PTI Currently the company has working capacity of 9,156 MW which include 693 MW of hydel, 593 MW of wind and 60 MW of solar sources. Speaking to PTI Tata Power managing […] Read more
Tata Power Solar commissions a 4.8 MW solar power plant for Rajaram Maize Products Updated On Mon, Mar 21st, 2016 by Saurenergy Tata Power Solar, an integrated solar company has commissioned a 4.8 MW solar power plant for Rajaram Maize Products (a leading player in the starch and glucose manufacturing segment in India) to meets its entire power requirement through renewable energy. The solar power plant spread across 22 acres at Rajnandgaon district in Chhattisgarh was set […] Read more
Tata Power Operationalize Net Meters for Rooftop Solar Systems Updated On Thu, Feb 25th, 2016 by Saurenergy Tata Power announces its successful commissioning of net meters for the Rooftop Solar PV (RTS PV) System installed at the premises of Vardhan Industries Limited. This is known to be the first installation of net meter by Tata Power in its Mumbai distribution area under the procedure outlined in the MERC (Net Metering for Roof-top […] Read more
Gamesa and Tata Power Inks Wind Venture Pact of 100MW in A.P Updated On Thu, Dec 17th, 2015 by Saurenergy Gamesa, keeps on gaining ground in the Indian business sector, having marked its first contract with Tata Power for the development of 100Mw wind ranch on a turnkey premise. Under the agreement couched with Tata Power, Gamesa will introduce 50 of its G97-2.0 MW class ‘S’ turbines at the Nimbagallu wind farm, situated in the […] Read more
Tata Builds Submersible Power Substation to Ease Congestion in Delhi Updated On Tue, Dec 14th, 2021 by Saurenergy Power utility Tata Power Delhi Distribution Limited, which supplies electricity to over 7 million people in North Delhi, has installed a “first-of-its-kind” submersible power substation in Gujranwala Town, New Delhi, to augment the power infrastructure of its operational area. In collaboration with Toshiba Transmission & Distribution Systems (India) Pvt. Ltd., Tata Power has installed a […] Read more
Tata Launches ‘I Have the Power’ Campaign to Create Green Awareness Updated On Mon, Feb 3rd, 2020 by Saurenergy Tata Power has launched a nation-wide campaign ‘I Have the Power’ to create awareness on the green choices it provides to today’s customers. India, as a growing and developing nation, faces an enormous challenge of growing fast and responsibly like other emerging economies. This issue of our time needs to be addressed since climate change […] Read more