Tata Power Company announced that its subsidiary, Tata Power Renewable Energy (TPREL), has been awarded a 255 megawatt (MW) hybrid (wind and solar) power project in Karnataka by Tata Power Delhi Distribution.
Tata Power Delhi Distribution (Tata Power-DDL) is a joint venture between Tata Power and the Government of the National Capital Territory of Delhi. According to the company, the project will be completed within 24 months of the power purchase agreement (PPA) execution date. The letter was won in an e-reverse auction.
The project’s power will be supplied to Tata Power-DDL, which serves a population of over 7 million people in North Delhi. Tata Power stated in a press release that the letter indicates the current capacity bifurcation as 85 MW solar and 170 MW wind power with the green-shoe option of additional capacity of 85 MW solar and 170 MW wind.
With the 255 MW hybrid power project, we are pleased to meet Tata Power-clean DDL’s energy needs. We anticipate that this association will also encourage other Discoms in the country to increase the share of sustainable energy in their overall energy mix and contribute to the country’s net zero emission target, the company said.