Solar energy: Tata Power bags 250 Mw solar PV contract from Mahagenco

Solar energy: Tata Power bags 250 Mw solar PV contract from Mahagenco

on Monday said its subsidiary TP Saurya Ltd (TPSL) has bagged a contract to set up a 250-Mw grid connected solar photovoltaic power plant from Maharashtra State Power Generation Co Ltd (Mahagenco).

The project has been awarded to TPSL through Tariff-based competitive bidding followed by e-Reverse auction, an official statement said.

“The company has received this ‘Letter of Intent’ (LoI) in a bid announced by Mahagenco for setting up 250-Mw Solar plant at the Dondaicha Solar Park in Dhule District of Maharashtra. Maharashtra State Electricity Distribution Company Limited (MSEDCL) has conveyed consent to purchase the power generated from this solar plant,” the statement said.

The solar plant project will be commissioned within 15 months from the date of PPA execution.

“We are proud to win this large scale Grid-Connected Solar Photovoltaic EPC power project. The project will further promote the share of renewable power in the overall energy mix in Maharashtra. We are one of the leaders in solar power and committed to usher in an era of clean energy in the country,” Tata Power CEO and MD Praveer Sinha said.

With this, the total renewable capacity of Tata Power will reach 4,611 Mw with an installed capacity of 2947 Mw and 1664 Mw under implementation.

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