Tata Power Renewable commissions 150 MW solar PV project
A total of 720 km of DC cable and 48 inverters have been used for the smooth processing of the installation.
Tata Power Renewable Energy Limited (TPREL), a 100 per cent subsidiary of Tata Power announced that it has successfully commissioned 150 MW solar power project situated in Loharki (Rajasthan).
The project is spread across 756 acres and has been completed by the company within the set forth timeline. The solar plant is expected to generate 350 million units annually. The installation is expected to reduce 3.34 lakh tonnes of carbon emission annually and approximately 6,56,700 modules have been used in the project. A total of 720 km of DC cable and 48 inverters have been used for the smooth processing of the installation.
In a filing with the exchange, the company said, “Power purchase agreement (PPA) was signed between TPREL & TPC-D. With this addition of 150 MW, the total renewables installed capacity of Tata Power will be 2,947 MW with 2,015 MW of solar and 932 MW of wind. It has another 1,084 MW of renewable projects under implementation.”
Tata Power Company Ltd is primarily involved in the business of generation, transmission, and distribution of electricity.
The share price of Tata Power opened at Rs 125 per share and touched a high of Rs 126 during the early market hours on Tuesday.