Tata Power has received a Letter of Award (LoA) from Gujarat Urja Vikas Nigam (GUVNL) on March 26, 2021 to develop a 60 MW solar project in the state of Gujarat. The energy will be supplied to GUVNL under a Power Purchase Agreement (PPA), valid for a period of 25 years from scheduled commercial operation date. The company has won this capacity in a bid announced by GUVNL in January 2021. The project has to be commissioned within 18 months from the date of execution of the PPA.
Tata Power is India’s largest integrated power company.
