Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power, has signed a power purchase agreement (PPA) with NTPC Limited for the development of a 200 MW firm and dispatchable renewable energy (FDRE) project. The project will be developed across multiple locations in India and is targeted for completion within 24 months. It is expected to generate approximately 1,300 million units of electricity annually. Additionally, the project aims to mitigate over 1 million tonnes of carbon emissions each year.
The FDRE project will incorporate a combination of solar, wind, and battery energy storage system technologies. The PPA includes provisions for a four-hour peak power supply with a minimum of 90 per cent availability during peak demand hours. The project was secured by TPREL through competitive bidding.
With this development, TPREL’s total renewable energy capacity has reached 10.9 GW. Of this, 5.5 GW is currently operational, comprising 4.5 GW of solar and 1 GW of wind energy. The remaining 5.4 GW in the pipeline consists of 2.7 GW each of solar and wind energy, and is under various stages of implementation.
