Tata Power Company Ltd.

Tata Power’s wholly owned subsidiary --Tata Power Renewable Energy (TPREL), has received a Letter of Award (LoA) from Tata Power - Distribution to develop 150 MW of solar project. The Power Purchase Agreement (PPA) will be executed upon approval and adoption of tariff by Maharashtra Electricity Regulatory Commission.

The energy will be supplied to Tata Power - Distribution (Tata Power-D) under a PPA, valid for a period of 25 years from scheduled commercial operation date. TPREL has won this capacity in a bid announced by Tata Power-D in August 2019. The project has to be commissioned within 18 months from the date of execution of the PPA.

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.