Tata Power Renewables & Viraj LLP to set up a 100 MW solar power plant

Tata Power Renewable Energy Limited (TPREL), one of India’s largest integrated renewable energy companies and a subsidiary of Tata Power, has collaborated with the leading Indian stainless steel manufacturer, Viraj Profile Private Limited, to set up a 100 MW captive solar plant. The plant will be developed by Tata Power at Nandgaon at its Nasik site and it will power Viraj Profile Pvt. Limited’s Tarapur Plant.
With this, the later company will become one of the first stainless steel long products manufacturing companies in India to use solar energy to run its manufacturing plant. With the commissioning of this plant, the company’s dependability on non-renewable power resources will be reduced by approximately 50 per cent. The project will get commissioned by July 2023.
TPREL has created a special purpose vehicle (SPV) at TP Nanded Limited, which will undertake the construction, operation and maintenance of this captive solar power plant.

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