New Delhi: TP Solar Limited (TPSL), a subsidiary of Tata Power Renewable Energy Limited (TPREL), on Friday entered into a power purchase agreement with Tata Power Trading Company Limited (TPTCL) to set up a 200 MW (280 MW) solar project. (PPA) signed. in Bikaner, Rajasthan.
According to a statement by TPREL, the solar plant is expected to be commissioned by March 2024 and will be connected to the Central Transmission Utility (CTU) to supply 485 million units of energy annually.
TPTCL has entered into a PPA with TPSL for a period of 25 years.
With this new addition, the total renewable energy capacity of TPREL has reached 6,788 MW with an installed capacity of 3,917 MW, which includes 2,989 MW of solar power and 928 MW of wind power. Additionally, the company has 2,871 MW under various stages of implementation.
TPREL is one of India’s leading renewable energy companies and has a significant presence in the solar, wind and hydropower sectors. The company’s portfolio includes utility-scale projects, rooftop solar and solar-wind hybrid projects.
TPTCL is into power trading on exchanges like Indian Energy Exchange (IEX) and Power Exchange of India Limited (PXIL).
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