Tata Powers Bags 2 Renewable Energy Government Projects

Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has signed two significant Power Purchase Agreements (PPAs) with Maharashtra State Electricity Distribution Company Limited (MSEDCL) for commissioning two solar power projects, 200 MW and 150 MW, respectively.

What Happened: The projects, located in Maharashtra, will play a crucial role in fulfilling the state's renewable energy targets. The 200 MW and 150 MW solar installations are expected to be commissioned by mid-2025 and will generate a substantial amount of clean energy annually, reducing carbon dioxide (CO2) emissions by 4.28 lakh tons and 3.11 lakh tons annually, respectively.

As part of the agreement, TPREL will provide clean and sustainable electricity to MSEDCL, contributing significantly to the state’s renewable energy targets. TPREL has tied-up 930 MW with MSEDCL out of which 334 MW is presently supplied and a balanced 596 MW will be commissioned in the next 12-18 months.

The total renewables capacity of TPREL to date stands at 7,783 MW with an installed capacity of 4,118MW (Solar – 3,136MW & Wind – 982MW) and 3,665 MW under various stages of implementation including the present 350 MW.

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