Subsidiary of Tata Power wins 150 MW Solar PV project

Nidhi Jani
/ Categories: Trending

Tata Power, India’s largest integrated power company, today announced that its subsidiary Tata Power Renewable Energy Ltd. (TPREL) has won a 150 MW Solar PV project on the long-term basis in Maharashtra.

TPREL has received the Letter of Award to develop the project and will sign a 25-year Power Purchase Agreement (PPA) with the Maharashtra State Electricity Distribution Co. Ltd (MSEDCL).

This project is a part of MSEDCL’s 1,000 MW grid connected solar power projects for which MSEDCL had invited bids through competitive bidding process and e-reverse auction for a period of 25 years.

As of today, Tata Power's renewable energy capacity has crossed 2000 MW and green generation portfolio (consisting Solar, Wind, Waste Heat Recovery and Hydro) has crossed the 3400 MW mark.

On Monday, the stock opened at Rs. 77.95 per share and touched an intra-day high of Rs. 80.30, on the BSE.

Rate this article:
4.8

Leave a comment

Add comment

DSIJ MINDSHARE

Mkt Commentary22-Nov, 2024

Multibaggers24-Nov, 2024

Multibaggers24-Nov, 2024

Bonus and Spilt Shares24-Nov, 2024

Mindshare24-Nov, 2024

Knowledge

MF15-Nov, 2024

General15-Nov, 2024

MF14-Nov, 2024

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR