National, 5th May, 2022: Tata Power Solar, one of India’s largest integrated solar companies and a wholly-owned subsidiary of Tata Power, bagged India’s largest single solar EPC order of 1GW for approx. INR 5500 Crore from SJVN Ltd.
This EPC order has been designed keeping in mind the innovative use of ‘Make in India’ cells and modules. The project will be developed under the CPSU scheme of MNRE and will be completed within a period of 24months. Covering around 5000+ acres of land in Rajasthan, this project aims at reducing around 22,87,128kg of carbon emission and is expected to generate around 2500 million units annually.
Commenting on the win, Dr. Praveer Sinha, CEO & MD, Tata Power, said “We are proud to have won this mega solar project from SJVN. Implementation of such large project reflects our commitment to the promotion of clean and green energy in the country and strengthens our position as the leading solar EPC player.”
Tata Power Solar has always been a pioneer in implementation and commissioning of such large scale renewable projects. With this win of 1GW, the company’s order booking crosses the INR 12000 Crore with a cumulative portfolio of more than 9.3GW for utility scale renewables projects.
About Tata Power Solar Systems Limited:
Tata Power Solar, with over 32 years of deep domain expertise is one of the pioneering solar manufacturers in the world and India’s largest specialized EPC player. Founded in 1989, the company was originally formed as a joint venture between Tata Power and British Petroleum Solar (BP Solar). As a pioneer and market leader in the solar space, headquartered in Bangalore, Tata Power Solar now operates independently as a wholly-owned subsidiary of Tata Power.
As one of the largest solar manufacturers in India, Tata Power Solar operates world-class manufacturing unit in Bangalore, with a production capacity of 580MW of modules and 530 MW of cells. It has a portfolio of more than 8.3GW of ground-mount utility-scale, over 950MW of rooftop and distributed generation projects across the country & installed over 65000 Solar Water Pumps in India till date. It also offers a diverse line of solar solutions for both urban and rural markets – these include rooftop solutions, solar pumps, and power packs among others. Tata Power Solar is committed to enabling solar everywhere and aims to provide energy access to millions of people across the country via its integrated solar solutions. For more information visit: www.tatapowersolar.com
About Tata Power:
Tata Power (NSE: TATAPOWER; BSE:500400) is one of India’s largest integrated power companies and together with its subsidiaries and jointly controlled entities, has an installed/managed capacity of 13,635 MW. The Company has a presence across the entire power value chain – generation of renewable as well as conventional power including hydro and thermal energy, transmission & distribution, coal & freight, logistics, and trading.
The Company had developed the country’s first Ultra Mega Power Project at Mundra (Gujarat) based on super-critical technology. With 4.8 GW of clean energy generation from solar, wind, hydro, and waste heat recovery accounting for 35% of the overall portfolio, the company is a leader in clean energy generation.
It has successful public-private partnerships in generation, transmission & distribution in India viz: Powerlinks Transmission Ltd. with Power Grid Corporation of India Ltd. for evacuation of Power from Tala hydro plant in Bhutan to Delhi, Maithon Power Ltd. with Damodar Valley Corporation for a 1,050 MW Mega Power Project at Jharkhand.
Tata Power is currently serving more than 12 million consumers via its Discoms, under public-private partnership model viz Tata Power Delhi Distribution Ltd. with Government of Delhi in North Delhi, TP Northern Odisha Distribution Limited, TP Central Odisha Distribution Limited, TP Western Odisha Distribution Limited, and TP Southern Odisha Distribution Limited with Government of Odisha.
With a focus on sustainable and clean energy development, Tata Power is steering the transformation an integrated solutions provider by looking at new business growth in distributed generation through rooftop solar and microgrids, storage solutions, EV charging infrastructure, ESCO, home automation & smart meters et al.
With its 107 years track record of technology advancements, project execution excellence, world-class safety processes, customer care,and green initiatives, Tata Power is well poised for multi-fold growth and is committed to lighting up lives for generations to come. For more information visit us at: www.tatapower.com