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Tata Power’s arm synchronises 15 MW solar plant in Telangana

24 Feb 2017 Evaluate

Tata Power Company’s wholly owned subsidiary- Tata Power Renewable Energy (TRPEL) has synchronised its 15 MW solar plant at Belampally in Telangana, thereby starting its commercial operations. The project had been won by TRPEL in the Phase 1 bidding process in Telangana and its commissioning is in keeping with the conditions and timelines in the PPA.

With this development, Tata Power's total installed operating capacity crossed 10, 500 MW mark. The solar plant has been built over 80 acres of land and includes an 18 km transmission line. Sale of power from solar plant has been tied up under a 25 year Power Purchase Agreement with the Northern Power Distribution Company of Telangana at a tariff of Rs 5.72.

Tata Power is India’s largest integrated power company with a growing international presence. The company together with its subsidiaries and jointly controlled entities has presence in all the segments of the power sector viz. Fuel Security and Logistics, Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.

Peers
Company Name CMP
NTPC 328.60
Tata Power 368.40
Adani Power 208.70
Power Grid Corpn. 265.65
Adani Energy Solut. 1429.25
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