Tata Power to develop 120 MW solar project in Gujarat

• The integrated power manufacturer's sustainable ability will certainly now swell to 3,457 MW. Of this, 2,634 MW (932 MW wind and 1702 MW solar) is operational as well as 820 MW solar (including the current 120 MW won from Gujarat Urja Vikas Nigam Limited) under execution.

Tata Power Renewable Energy Limited (TPREL)-- a wholly-owned subsidiary of incorporated power producer Tata Power-- has actually gotten a Letter of Award from Gujarat Urja Vikas Nigam Limited (GUVNL) to develop a 120 MW solar project in Gujarat.

The electrical power generated will certainly be supplied to GUVNL under a power purchase arrangement (PPA), legitimate for a duration of 25 years from the arranged business procedure date.

TPREL won this ability in a 500 MW GUVNL auction under Phase VIII in February that had optimal toll payable to the designer set as Rs 2.65/ device. Under the regards to the tender, the bidders were required to pick the areas and also sub-stations for their suggested solar energy project from a listing available on the website of Gujarat Energy Transmission Corporation Limited (GETCO).

The project is needed to be commissioned within 18 months from the date of execution of the PPA.

The plant is anticipated to generate regarding 300 million devices of electrical power annually as well as will every year offset roughly 300 million Kg of CO2.

With this honor, Tata Power's renewable capacity will boost to 3,457 MW, out of which 2,634 MW (932 MW wind and 1702 MW solar) is functional and also 820 MW is under application including 120 MW solar won from GUVNL.

The remaining 700 MW massive solar capability under advancement by Tata Power consists of 100 MW in Uttar Pradesh, 400 MW in Gujarat and also 200 MW in Maharashtra.