Tata Power’s wholly-owned subsidiary TP Saurya Ltd has received the letter of award for developing 330 mw of solar power generation capacity in Madhya Pradesh.
In a release, Tata Power said that TP Saurya Ltd won the letter of award from Rewa Ultra Mega Solar Ltd (RUMSL) to build two sets of solar power projects (160 mw and 170 mw) in the Neemuch solar park in Madhya Pradesh.
With this, the total renewable capacity portfolio of Tata Power now stands at 4,361 mw, including 2,947 mw of operational capacity and 1,414 mw under implementation.
Chief Minister of Madhya Pradesh Shivraj Singh Chouhan, in the presence of Hardeep Singh Dang, Minister of Department of New and Renewable Energy; Sanjay Dubey (IAS), Principal Secretary; Akash Tripathi (IAS), MD, MP Power Management Company Ltd (MPPMCL), and other key dignitaries handed over the LOA to Ashish Khanna, President, Renewables, Tata Power. (See photograph)
Speaking on the achievement, Dr. Praveer Sinha, CEO & MD, Tata Power said, “We are glad to receive this prestigious order for development and operation of 330 MW Solar Project from Rewa Ultra Mega Solar in Madhya Pradesh. We have been progressively growing our portfolio of grid-scale solar plants across the country”.
The project was awarded through the tariff-based competitive bidding (TBCB) modality, followed by e-reverse auction.
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The projects will be set up at the Neemuch Solar Park in Neemuch district at Madhya Pradesh and the energy will be supplied to the Indian Railways and the Madhya Pradesh Power Management Company Ltd under 25-year PPA. The project will be commissioned within 19 months from the date of execution of the PPA.
It may be noted that in the same RUMSL auction, NTPC also announced the winning of 325 mw of solar projects.
