POWER

Tata Power to set up 250-MW solar power plant in Maharashtra

Tata Power on Monday said its wholly-owned subsidiary, TP Saurya, has received the Letter of Intent from Maharashtra State Power Generation Corporation for setting up a 250 megawatt (MW) solar power plant.

The plant will be situated at the Dondaicha Solar Park in Dhule District of Maharashtra and Maharashtra State Electricity Distribution Company has conveyed consent to purchase power generated from the plant, said the official press release.

“The project will further promote the share of renewable power in the overall energy mix in Maharashtra,” said Praveer Sinha, chief executive officer and managing director, Tata Power.

According to the company, the project was awarded through a tariff-based competitive bidding followed by e-reverse auction and will be commissioned within 15 months from the date of power purchase agreement execution.

It added that with this, the total renewable capacity of Tata Power will reach 4,611 MW with an installed capacity of 2,947 MW and 1,664 MW under implementation.

Source
ET Energy World
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