Tata Power Renewable Energy announced on Friday that it has signed an agreement with Tata Power Delhi Distribution Ltd (TPDDL) to supply electricity from its 510 MW solar-wind hybrid project. It is one of the country’s largest hybrid projects, with a capacity split of 170 MW solar and 340 MW wind power. According to the statement, the project will save an average of 1540 MUs (million units) of CO2 emissions per year for Tata Power-DDL, a joint venture between Tata Power and the Government of Delhi that supplies electricity to a population of over 7 million in North Delhi.
Tata Power Renewable Energy Ltd and TPDDL signed a power purchase agreement with a capacity split of 170 MW solar and 340 MW wind power. It is one of the largest hybrid projects in the country and will be completed within 24 months of the PPA execution date. “Tata Power Renewable has signed one of the largest PPAs in the country for a 510MW hybrid project, via competitive bidding, showcasing our future readiness and expertise in project execution skills,” said Ashish Khanna, CEO of Tata Power Renewable Energy Ltd. TPREL was awarded this project after a competitive bidding process, which was followed by the release of the LOA (letter of award) by Tata Power-DDL.