Tata Power’s arm completes acquisition of 30 MW wind farm in Maharashtra

Tata Power’s wholly owned subsidiary -- Tata Power Renewable Energy (TPREL) has completed acquisition of 100% shareholding in Indo Rama Renewables Jath (IRRJL), which is a 100% subsidiary of Indo Rama Renewables (IRRL). IRRJL has a 30 MW operating wind farm in Sangli District of Maharashtra.

The wind farm, which is fully operational since July 2013, has a long-term power purchase agreement with Maharashtra State Electricity Distribution and is registered under the Generation Based Incentive scheme of Ministry of New & Renewable Energy.

With this acquisition, Tata Power’s total generation capacity now becomes 9213 MW and current operating non-fossil based capacity at 1704 MW. The company has operating WIND capacity of 647 MW spread across six states of Madhya Pradesh, Maharashtra, Gujarat, Tamil Nadu, Karnataka and Rajasthan. Further, TPREL has an additional 500 MW of wind and solar capacity under development in the states of Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka and Telangana.

Tata Power is India’s largest integrated power company with a growing international presence. The company together with its subsidiaries and jointly controlled entities has presence in all the segments of the power sector viz. Fuel Security and Logistics, Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.