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Tata Power’s arm gets LoA to build 95 MW of ground mounted Solar PV project

28 Jan 2021 Evaluate

Tata Power’s wholly-owned subsidiary -- Tata Power Solar Systems (TPSSL) has received a ‘Letter of Award’ (LoA) to build 95 MW of ground mounted Solar PV project for GSECL. The order value of the project is approximately Rs 460 crore ($63 million). The Commercial operation date for this project is set for April 2022.

With this addition, the order pipeline of Tata Power Solar Systems stands at approximately 4.2 GWp with an approximate value of Rs 12500 crore, thereby cementing its position as India’s leading Solar EPC player for seventh year in a row among utility scale.

Tata Power is India’s largest integrated power company.

Peers
Company Name CMP
NTPC 329.35
Tata Power 368.30
Adani Power 205.00
Power Grid Corpn. 263.50
Adani Energy Solut. 1382.00
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