TPREL to set up 255MW hybrid project in Karnataka
By EPR Magazine Editorial December 29, 2022 6:22 pm
By EPR Magazine Editorial December 29, 2022 6:22 pm
Tata Power Renewable Energy Limited (TPREL), a Tata Power subsidiary, has received a “Letter of Award” (LoA) from Tata Power Delhi Distribution Limited (Tata Power-DDL), a joint venture of Tata Power and the Govt. of the NCT of Delhi, for establishing a 255 MW hybrid (wind and solar) power project in Karnataka. The project will be completed within 24 months of the PPA’s execution date. An e-reverse auction was carried out to award the letter.
The power generated by the project will be supplied to Tata Power-DDL, which serves a population of over 7 million people in North Delhi. The letter specifies the current capacity bifurcation as 85 MW solar and 170 MW wind power, with the green-shoe option of adding 85 MW solar and 170 MW wind capacity.
Speaking on the project win, Ashish Khanna, CEO, Tata Power Renewable Energy Limited, said, “We are pleased to facilitate Tata Power-DDL’s clean energy requirements with the 255 MW hybrid power project. We envision that this association will also encourage other DISCOMs in the country to enhance the share of sustainable energy in their overall energy mix and contribute towards the country’s net-zero emission target.”
TPREL’s total renewables capacity is now 6,048 MW, with 3,884 MW installed (Solar: 2,956 MW and Wind: 928 MW) and 2,164 MW under construction.
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