Tata Power Company’s subsidiary -- Tata Power Solar Systems (TPSSL) has received the Letter of Award (LoA) of Rs 596 crore for setting up a 125 MWp floating solar project from NHDC. The LoA was awarded through tariff-based competitive bidding. The project will be commissioned within 13 months from the date of letter of award and will provide sustainable power to M.P. Power Management Company.
NHDC, had invited bids early this year for this project at the Omkareshwar reservoir in the Khandwa district of Madhya Pradesh. It will be one of the India’s largest floating solar power projects.
Tata Power Company is India’s largest integrated power company.
