Tata Power Renewable Energy (TPREL), a subsidiary of Tata Power and one of the major renewable energy players in the country, has signed a Power Purchase Agreement (PPA) with Tata Power Delhi Distribution (Tata Power-DDL), for 510 MW hybrid project.
The project will save on an average of 1540 MUs of CO2 emissions annually for Tata Power-DDL, a joint venture between Tata Power and Government of Delhi, that supplies electricity to a populace of over 7 million in North Delhi. The PPA has the capacity bifurcation of 170 MW solar and 340 MW wind power. Located in Karnataka, it is one of the largest hybrid projects in the country and will be commissioned within 24 months from the PPA execution date.
TPREL won this project through a competitive bidding process, followed by the release of LOA by Tata Power-DDL. This win is an extension of the earlier LOA of 255 MW received in December 2022. With this win, the total renewables capacity of TPREL reaches 6,303 MW with an installed capacity of 3,909 MW (Solar - 2,981 MW & Wind - 928 MW) and 2,394 MW under various stages of implementation.
Tata Power Company is India's Largest Integrated Power Company.
