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Tata Power’s arm gets LoA worth Rs 612 crore for setting up ground mounted solar project for SJVN

15 Sep 2022 Evaluate

Tata Power Company’s subsidiary -- Tata Power Solar Systems (TPSSL) has received the 'Letter of Award' (LoA) of Rs 612 crore for setting up a 100 MW ground mounted solar project for SJVN. SJVN is an Indian public sector undertaking having business interests in hydro, thermal, solar, wind and in Power Transmission and Power Trading. It is a joint venture between the Government of India and the Government of Himachal Pradesh.

The bids for the project, located at the Raghanesda solar park plot C, Gujarat, were invited earlier this year. The LoA was awarded through tariff-based competitive bidding. The project will get commissioned within 11 months from the date of receiving of LoA. TPSSL has commissioned several large scale solar ground-mounted projects in the country. TPSSL is a pioneer in curating customized strategic renewable projects and with this win its total portfolio will touch 9.9GWp. As on date, TPSSL’s total order book stands at Rs 15,520 crore.

Tata Power Company is India’s largest integrated power company.

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Company Name CMP
NTPC 328.55
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