Tata Powers TPSL To Add 200 MW Of Solar Power To Rajasthan Grid By 2024
Premium
New Delhi: TP Saurya Ltd (TPSL), a subsidiary of Tata Power Renewable Energy Ltd (TPREL) on Friday signed a power purchase agreement (PPA) with Tata Power Trading Company Ltd (TPTCL) to set up a 200MW (280MWp) solar project in Bikaner, Rajasthan.
According to a statement by TPREL, the solar plant is expected to be commissioned by March 2024 and will be connected to the Central Transmission Utility (CTU) to supply 485 million units of energy annually.
TPTCL has entered into a PPA with TPSL for a period of 25 years, it added.
With this new addition, TPREL’s total renewable energy capacity has reached 6,788 MW, with an installed capacity of 3,917 MW, which includes 2,989 MW of solar power and 928 MW of wind power. Additionally, the company has 2,871 MW under various stages of implementation.
TPREL is one of India’s leading renewable energy players and has a significant presence in solar, wind, and hydro sectors. The company’s portfolio includes utility-scale projects, rooftop solar, and solar-wind hybrid projects, among others.
TPTCL is into power trading on exchanges such as Indian Energy Exchange (IEX) and Power Exchange of India Limited (PXIL).
Catch all the
Corporate newsand Updates on Live Mint. Download The
Mint News Appto get Daily
Market UpdatesBusiness News.
Next Story
No Network
Server Issue
Internet Not Available
The Self-Destructive Nature Of Anti-Tourism Protests: Balancing Resident Concerns With Tourism Benefits
In recent years, anti-tourism protests have become increasingly common across popular tourist destinations. From the Bal... Read more
Military And Strategic Implications Of The Ukrainian Drone Attack In Kursk
On a recent morning, the Kursk region in south-western Russia witnessed an unexpected and significant event: a Ukrainian... Read more
Chinese Tech Stocks Gain Ground Despite Wall Street Technology Sell-Off
Chinese tech shares in Hong Kong gained on Friday, defying a technology stock sell-off on Wall Street, driven by strong ... Read more
Defense Pact Between Britain And Germany: A Focus On Cybersecurity And Joint Operations
In a move set to redefine European defense collaboration, Britain and Germany have signed a comprehensive defense pact a... Read more
US Secret Service Director Steps Down After Trump Assassination Attempt
Security lapses admitted by Kimberly Cheatle prompt resignation.Kimberly Cheatle, the head of the US Secret Service, has... Read more
Kamala Harris Promises A Brighter Future In Official Campaign Launch
In a vibrant and impassioned campaign launch, Vice President Kamala Harris vowed to lead America toward a "brighter futu... Read more