MoneyWorks4Me

Tata Power’s arm commissions 100 MW solar capacity in AP

03 Jul 2018 Evaluate

Tata Power’s wholly owned subsidiary -- Tata Power Renewable Energy (TPREL) has commissioned 100 MW (50 MW x 2) solar capacity in Anthapuramu Solar Park in the state of Andhra Pradesh (AP). With this, the overall operating renewable capacity of TPREL now stands at 2,215 MW in India.

The sale of power from this solar plant has been tied up under a 25 year Power Purchase Agreement with Solar Energy Corporation of India (SECI). This is part of the implementation of the MNRE scheme for developing grid connected solar power capacity of Jawaharlal Nehru National Solar Mission (JNNSM) Phase II, Batch-III of the Government of India through Viability Gap Funding (VGF) Mode.

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 324.00
Tata Power 374.80
Adani Power 209.00
Power Grid Corpn. 270.00
Adani Energy Solut. 1415.00
View more..