Tata Power Renewable Energy introduces 200-MW solar PPA in Rajasthan

• A unit of Tata Power Renewable Energy Ltd (TPREL) has actually authorized a power purchase agreement (PPA) with Tata Power Trading Co Ltd (TPTCL) in regard to the planned building and construction of a 200-MW/280-MWp solar power plant in the Indian state of Rajasthan.

The contract in between TP Saurya Ltd (TPSL) and also TPTCL has a regard to 25 years and also is linked to a project at Bikaner that is estimated to produce some 485 million kWh of electrical energy every year. The solar power plant is expected to be commissioned by March 2024 as well as will certainly be linked to the Central Transmission Utility (CTU) Bus.

The renewables development arm of Tata Power Co Ltd (BOM:500400) stated in a statement that, with the finalizing of this contract, it increases its portfolio to 6,788 MW. This consists of 3,917 MW of set up capacity divided in between 2,989 MW of solar and also 928 MW of wind, and also 2,871 MW under various stages of application.