Tata Power to build 600MW hybrid power project in Karnataka
Tata Power said that its fully-owned subsidiary TP Saurya Limited (TPSL) will build a 600MW hybrid power project in Karnataka.
TP Saurya Limited has been issued a letter of award (LoA) from Solar Energy Corporation of India (SECI) in this regard for the wind and solar power project.
According to Tata Power, the hybrid power project in Karnataka was won by its subsidiary through tariff-based competitive bidding followed by an e-Reverse auction.
The wind and solar project is to be commissioned within 24 months from the execution of the power purchase agreement (PPA).
Tata Power to build 600MW hybrid power project in Karnataka. Photo courtesy of Ameyajkamat/Wikimedia Commons.
Dr. Praveer Sinha — Tata Power CEO and MD said: “We are enthused with the win of 600MW hybrid project for SECI as it reaffirms Tata Power’s commitment to building a sustainable ecosystem for transitioning towards a greener future. Renewable hybrid projects are a game changer in India as they can generate round-the-clock power with high reliability levels to help meet country’s decarbonisation goals.”
With the new project win, Tata Power has taken its total renewables capacity to 5.52GW, which includes an installed capacity of 3.63GW and 1.89GW under different stages of implementation.