Mumbai : Tata Power Renewable Energy Ltd. (TPREL), India’s largest renewable energy company and Tata Power’s wholly-owned subsidiary, today announced that the Company has commissioned its 100 MIN solar plant (50MW X 2) at Pavagada Solar Park in Karnataka. The project was won by the Company in May 2016 under the National Solar Mission Phase-Il Batch-Il Tranche-I State Specific Bundling Scheme. With this development, TPREL’s total installed operating capacity now stands at 1614 MW.
The two 50 MIN solar plants have been built over 533 acres. Sate of power from solar plant has been tied up under a 25-year Power Purchase Agreement with NTPC Ltd. at a tariff of IRS. 4.79/ unit.
TPREL recently commissioned 25 MVV solar plant in Charanka, Gujarat Solar Park, Gujarat, and 30 MW solar plant in Palaswade in Maharashtra. Tata Power’s vision is to have 35-40% of the Company’s total generation capacity from non-fossil fuel sources by 2025. Tata Power’s renewable energy capacity this year crossed 2000 MW and green generation portfolio crossed the 3000 MIN mark.