Tata Power’s wholly-owned subsidiary --Tata Power Green Energy (TPGEL) has commissioned a 225 MW Hybrid power project in Rajasthan. The power generated from the project will be supplied to Tata Power, Mumbai Distribution under a Power Purchase Agreement (PPA), valid for a period of 25 years, to fulfil its Renewable Purchase Obligation (RPO).
With the addition of 225 MW of hybrid power to Tata Power’s Mumbai customers, the revised power supply portfolio will rise to 38% non-carbon power. It will be nearly double the mandatory RPO obligation. Against the yearly requirement of nearly 5,200 MUs annually, the non-carbon supply will be approximately 2,000 MUs. This is the first hybrid project developed by Tata Power consisting of recently commissioned 225 MW of Solar power at Noorsar and existing wind assets of 96 MW, which is expected to generate about 700 MUs of energy per year. The plant will annually offset approximately 700 Million Kg of CO2. The combination of solar and wind project brings a unique advantage of higher Capacity Utilization Factor as compared to standalone wind or solar capacity.
Tata Power Company is India’s largest integrated power company.
| Company Name | CMP |
|---|---|
| NTPC | 402.25 |
| Tata Power | 430.15 |
| Adani Power | 214.25 |
| Power Grid Corp | 319.00 |
| Torrent Power | 1735.65 |
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