The Maharashtra State Electricity Distribution Corporation Limited (MSEDCL) has sent the ‘Letter of Award’ (LoA) to Tata Power Renewable Energy Limited (TPREL). The LoA was won through an e-Reverse auction after the tariff-based competitive bidding to set up a 150MW solar project in Solapur, Maharashtra.
Mr. Ashish Khanna, CEO, of Tata Power Renewable Energy Limited, said, “We feel honoured to receive the LoA from MSEDCL for the 150MW solar project. The award is in line with our commitment to creating a sustainable ecosystem for transitioning towards a greener future and affirms our potential to deliver world-class solar projects.”
The total renewables capacity of TPREL reaches 5,786 MW with an installed capacity of 3,877 MW (Solar – 2,949 MW & Wind – 928 MW) and 1,909 MW under various stages of implementation. This solar project will be commissioned within 18 months from the PPA execution date.
