Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power has signed power purchase agreements for a 200 MW and 150 MW solar project with Maharashtra State Electricity Distribution Company Limited (MSEDCL). The projects are situated in Maharashtra.
The 200 MW solar project that is part of the phase IX tender will produce 536 million units of electricity. Meanwhile, a 150 MW solar project that is part of the phase VII tender will produce 389 million units of electricity. The 200 MW and 150 MW solar projects are anticipated to be commissioned by the middle of 2025, producing a sizable amount of renewable energy per year, and reducing carbon emissions by 428,800 and 311,200 tonnes per year, respectively. TPREL and MSEDCL have a contract totalling 930 MW, of which 334 MW is currently being supplied while the remaining 596 MW is scheduled to be commissioned within the next 12 to 18 months.
The overall clean energy capacity of TPREL is 7,783 MW. This includes 3,136 MW of solar and 982 MW of wind projects and 3,665 MW under various stages of development.
In March 2023, TPREL received a letter of award from MSEDCL to set up a 200 MW solar photovoltaic project in Solapur, Maharashtra. The project was scheduled to be commissioned within 18 months from the execution date of the PPAs.