Tata Power Renewable Inks Pacts with Maharashtra Discom for Solar Projects
New Delhi: Tata Power Renewable Energy Limited (TPREL), a subsidiary of the renowned Tata Power, has sealed two significant power purchase agreements (PPAs) with Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) for the establishment of two pioneering solar power projects.
According to a statement released by the company, these projects, boasting capacities of 200 MW and 150 MW, will play a pivotal role in helping Maharashtra achieve its ambitious renewable energy targets. Furthermore, these ventures serve as a remarkable milestone in India’s collective effort to accelerate the adoption of renewable energy and take proactive measures against climate change.
Anticipated to be operational by mid-2025, the 200 MW and 150 MW solar installations are projected to generate a substantial amount of clean energy annually. By doing so, they will effectively reduce carbon dioxide (CO2) emissions by an impressive 4,28,800 tons and 3,11,200 tons per year, respectively.
Under the terms of this forward-thinking agreement, TPREL commits to supplying MSEDCL with a reliable source of clean and sustainable electricity, making a significant contribution to Maharashtra’s renewable energy goals.
TPREL has already secured a 930 MW partnership with MSEDCL, of which 334 MW is currently operational, with the remaining 596 MW set to come online within the next 12-18 months.
At present, TPREL’s total renewable energy capacity stands at a commendable 7,783 MW, comprising an installed capacity of 4,118 MW (3,136 MW from solar and 982 MW from wind), with an additional 3,665 MW in various stages of implementation, including the ongoing 350 MW project.
About Tata Power Renewable:
Tata Power Limited, headquartered in Mumbai, Maharashtra, India, is an Indian electric utility firm that operates as part of the Tata Group. The company’s primary focus is on the generation, transmission, and distribution of electricity.
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