Don’t miss the latest developments in business and finance.

Tata Power Renewable Energy sings PPA for 100 Mw solar project in Andhra Pradesh

The project has been secured through bidding in the open category under the Jawaharlal Nehru National Solar Mission

Representative image
Dasarath Reddy Hyderabad
Last Updated : Oct 25 2016 | 5:05 PM IST
Tata Power Renewable Energy Limited(TPREL), a wholly owned subsidiary of Tata Power Company Limited, has announced the signing of the power purchase agreement(PPA) for a 100 Mw solar project at Anantapuram solar park in Andhra Pradesh with Government of India enterprise Solar Corporation of India(SECI).

The company said the 100 Mw solar project based at Anantapuram has a challenging COD (commercial operation date) of less than a year on October 16, 2017 as per the PPA. The project has been secured through bidding in the open category under the Jawaharlal Nehru National Solar Mission(JNNSM).

"We are delighted at this project win as it further fortifies our leadership in renewable energy generation in India. The solar project at Anantapuram solar park will add 100 Mw of clean energy thereby significantly increasing our green footprint. This move is in line with government's set target of 100 gw from solar energy by 2017. In the next 5 years, the company plans to significantly add to its solar generation capacity," Rahul Shah, CEO and executive director of Tata Power Renewable Energy said.

Also Read

First Published: Oct 25 2016 | 3:36 PM IST

Next Story