Tata Power Green Energy Limited (TPGEL) has received a letter of award (LoA) to develop a 225 MW wind-solar hybrid power project. The LoA was awarded by Tata Power Mumbai Distribution, which will enter into a long-term PPA with the developer. The project is required to be commissioned within 18 months from the date of execution of the PPA. As per the tender guidelines, the rated installed project capacity of either of the two components should be more than 25 per cent of the other, while the wind component should be capped at a maximum of 50 per cent of the project capacity. According to TPGEL, the plant is expected to generate about 700 MUs of energy per year and will annually offset approximately 700 million kg of carbon dioxide.