Tata Power subsidiary to develop 255MW hybrid power project in Karnataka
Tata Power said that its subsidiary — Tata Power Renewable Energy Limited (TPREL) will set up a 255MW hybrid power project in Karnataka.
In this regard, Tata Power Renewable Energy has been issued a letter of award (LoA) from Tata Power Delhi Distribution Limited (Tata Power -DDL), which is a joint venture between Tata Power and the Delhi government. The letter was awarded via an e-reverse auction, said Tata Power.
The wind and solar project is to be made live within 24 months from the execution of the power purchase agreement (PPA).
According to Tata Power, the electricity produced by the hybrid power project in Karnataka will be supplied to Tata Power- DDL, which provides electricity to more than seven million people in North Delhi.
Tata Power subsidiary Tata Power Renewable Energy to develop 255MW hybrid power project in Karnataka. Photo courtesy of Ameyajkamat/Wikimedia Commons.
As per the letter, the present capacity bifurcation of the project is 85MW solar and 170MW wind power. It also has the green-shoe option of additional capacity of 85MW solar and 170MW wind, said Tata Power.
Ashish Khanna — Tata Power Renewable Energy CEO 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.”
Tata Power Renewable Energy has now taken its total renewables capacity to 6.05GW, which includes an installed capacity of 3.9GW and 2.16GW under different phases of implementation.