Curtailment Or Grid Stability. APTEL Plays Safe in Tata Renewables Plea Updated On Tue, Sep 15th, 2020 by Saurenergy In an order pronounced on September 11, the Appellate Tribunal for Electricity (APTEL) has ruled in favour of an APERC order that allowed the Andhra Pradesh State Load Despatch Centre to curtail power from wind energy developers. The curtailment had been done citing grid stability issues, as the transmission line evacuating the power produced was […] Read more
Tata Power’s Renewable Portfolio Grows 7% to 3,883 MW in Q4 FY20 Updated On Wed, May 27th, 2020 by Saurenergy Utility giant Tata Power on Wednesday reported a 7 percent surge in its renewable energy portfolio, which includes clean and green energy projects, and stood at 3,883 MW from the corresponding quarter in FY19. The country’s one of the largest integrated power company said that it’s renewable energy business capacity crossed 2,637 MW including 932 […] Read more
Tata Power’s Renewable Arm Gets LoA to Develop 150 MW Solar Project Updated On Sat, Nov 2nd, 2019 by Saurenergy As per the deal, the energy will be supplied to Tata Power – D under a long-term PPA for 25 years from the scheduled commercial operation date. Renewable arm of utility giant Tata Power, Tata Power Renewable Energy Ltd (TPREL) has got a Letter of Award (LoA) from Tata Power – Distribution (Tata Power – […] Read more
Tata Power’s Renewable Arm Gets LOA for 100MW Solar Project in Gujarat Updated On Thu, May 30th, 2019 by Saurenergy As per the deal, Tata Power will supply electricity to the state utility GUVNL under a 25 year Power Purchase Agreement (PPA). Adding another feather in its cap, Tata Power Renewable Energy Ltd (TPREL), a renewable arm of utility giant Tata Power, got a Letter of Award (LOA) to develop 100 MW project in Gujarat’s […] Read more
Tata Power Renewables Wins Dholera Solar Auction with Rs 2.75/kWh Bid Updated On Wed, May 22nd, 2019 by Saurenergy Tata Power’s renewable arm, Tata Power Renewable Energy has emerged as the winner in the latest solar auction conducted by the Gujarat Urja Vikas Nigam Limited (GUVNL) for awarding 1000 MW capacity to be built at the Dholera Solar Park. In response to the 1000 MW tendered capacity, and in the third time of asking after […] Read more
Tata Power’s Renewable Biz Shines Again; EBITDA Up 35% in Q4 Updated On Fri, May 3rd, 2019 by Saurenergy During the quarter, the Mumbai-headquartered company’s profit after tax (PAT) before exceptional items stood at Rs 259 crore, as against Rs 118 crore. Utility giant Tata Power’s renewable energy business again unveiled a significant growth during the fourth quarter of FY19, as it’s consolidated EBITDA surged 35 per cent to Rs 1,879 crore, mainly driven by […] Read more
Tata Power’s Renewable Arm to Sell 32MW Wind Assets in Maharashtra Updated On Wed, Apr 24th, 2019 by Saurenergy However, the company did not disclose the buyer of these assets. With an aim to optimize operating costs, Tata Power Renewable Energy Ltd (TPREL), a renewable arm of utility giant Tata Power, has entered into a pact to sell its 32 MW operating wind assets in Maharashtra. India’s one of the leading integrated power company […] Read more
Tata Power Shifts Complete Focus to Renewable Energy, to Cease Building New Coal Plants: Report Updated On Wed, Apr 24th, 2019 by Saurenergy Utility ceases new coal-fired power development, creates a future based on renewables. One of the country’s largest private integrated power company, Tata Power has recently made it publicly clear that it will cease building new coal-fired capacity, according to a report released by the Institute for Energy Economics and Financial Analysis (IEEFA). The report, Tata Power: […] Read more
Tata Power Renewable Energy Inks PPA with GE for Solar Rooftop Solns Updated On Wed, Jun 13th, 2018 by Saurenergy The solar rooftop projects installation will help to generate over 1 million kWh of electricity per year, and will lead to an average tariff reduction of around 30 percent. Tata Power’s wholly-owned arm Tata Power Renewable Energy has signed a power purchase agreement (PPA) with GE to provide solar rooftop solutions for 6 manufacturing and services sites in […] Read more