TP Saurya, the wholly owned subsidiary of The Tata Power Company, has signed a Power Purchase Agreement with Tata Steel (TSL) to develop a 15 MW solar project at Jamshedpur, Jharkhand.
The energy will be supplied to TSL under a Power Purchase Agreement (PPA) valid for a period of 25 years from scheduled commercial operation date. The project is required to be commissioned within 6 months from the date of execution of the PPA.
The Plant is expected to generate an average of 32 MUs of energy per year and will annually offset approximately average 25.8 Million Kg of CO2.
Tata Power is India’s largest integrated power company.
