TPREL Gets LOA for 200 MW Solar Project from MSEDCL

a TPREL Solar Plant at Mithapur

Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited and one of the significant renewable energy players in the country, has received a ‘Letter of Award’ (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL), a wholly owned corporate entity under the Maharashtra Government, to set up a 200 MW solar PV project in Solapur, Maharashtra. The letter follows a similar award to SJVN last week.

The project will be commissioned within 18 months from the PPA execution date. The project was awarded through competitive bidding, followed by a reverse e-auction.  TPREL had bid for 300 MW at Rs 2.97/kWh, and finally won 200 MW after 300 MW was allocated to SolarArise (100 MW at Rs 2.90/kWh) and SJVN (200 MW).

Speaking on the win, Ashish Khanna, CEO, Tata Power Renewable Energy Limited, said, “We are proud that TPREL is playing a crucial role in fulfilling Maharashtra’s renewable energy targets. We have a current countrywide portfolio of more than 6.5 GW and securing yet another ‘Letter of Award’ for setting up a 200 MW solar PV project underlines the trust and confidence MSEDCL has in our execution and engineering capabilities. We are confident that this project will further strengthen our position as a leader in providing clean and reliable power in the state for years to come.”

SJVN Gets Letter oF Award from MSEDCL for 200 MW Solar Project in Maharashtra

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With this win, the total renewables capacity of TPREL reaches 6,503MW with an installed capacity of 3,909 MW (Solar – 2,981 MW & Wind – 928 MW) and 2,594MW under various stages of implementation.