Tata Power Company Ltd.

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Large Cap | Power Generation/Distribution
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Tata Power’s arm receives LoA to develop 105MWp floating solar project

Date: 28-09-2019

Tata Power’s wholly owned subsidiary -- Tata Power Solar Systems, post reverse auction of 105MWp floating solar project, has received a Letter of Award (LoA) to develop this project worth approximately Rs 343 crore including 3 years O&M.

This project is one of the most prominent floating solar projects in the country. The venture will be executed on the reservoir of NTPC Kayamkulam District Allappuzha, Kerala. The project is required to be commissioned not later than 21 months.

Tata Power Company 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.