Tata Power Renewable Energy Gets LoA For Supply of 200 MW From SJVN

Highlights :

  • The installation is expected to offset ~9 lakh metric tonnes of CO2 emissions annually.
Tata Power Renewable Energy Gets LoA For Supply of 200 MW From SJVN Saudi's ACWA Power in PPA with South Africa for Dispatchable RE Project of 150 MW

Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has received a Letter of Award (LOA) for developing a 200 MW Firm and Dispatchable Renewable Energy (FDRE) project with SJVN Limited (SJVN).

SJVN is an Indian public sector undertaking (PSU) involved in hydroelectric and renewable power generation and transmission. It has been designated as the Renewable Energy Implementing Agency (REIA) by MNRE for achieving the nation’s target of achieving 500 GW by 2030.

To meet the 200 MW FDRE requirement, the plant has been sized with a hybrid combination of solar, wind, and battery storage of appropriate capacities. This ensures that the energy generated by the plant is dispatched as and when needed by discoms during peak hours, providing stability to the grid. FDRE provides round-the-clock power supply and supports the discoms in meeting Renewable Purchase Obligation (RPO) and Energy Storage Obligation (ESO).

This is the first FDRE power tender won by TPREL. The tender includes a greenshoe option, allowing for additional capacity beyond the initial 200 MW.

The project is expected to be commissioned within 24 months from the PPA execution date. The project was awarded through competitive bidding, followed by a reverse e-auction. The installation will offset 9 lakh metric tonnes of CO2 emissions annually.

With this win, the total renewables capacity of TPREL reaches 8,314 MW, which comprises 4,100 MW of projects in different phases of development and with an operating capacity of 4,214 MW, including 3,200 MW in solar projects and 1,014 MW in wind projects.

Tata Power Renewable Energy Limited it has a state-of-the-art solar cell and module manufacturing plant of 530 MW solar cells and 682 MW modules in Bengaluru and plans to set up a Greenfield to set up a Greenfield 4.3 GW solar cell and solar module plant in Tamil Nadu. As on date, TPREL’s total renewable utility capacity is 8,314 MW including 4,100 MW projects under various stages of implementation and its operational capacity is 4,214 MW, which includes 3,200 MW solar and 1,014 MW wind.  Presently, the company’s solar EPC portfolio is more than 11.5 GWp of ground-mount utility-scale, over 1.8 GW of rooftop and distributed ground-mounted systems, and over 1,00,000 solar water pumps.

In the recent past, several tenders have been released for firm and dispatchable renewable energy by NTPC and SECI as well. These include tenders for 3000 MW, 500 MW, 800 MW, among others respectively.

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