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Tata Power wins 400 MW hybrid project for Maharashtra
The Daily Guardian
|September 19, 2024
Tata Power Renewable Energy (TPREL), a subsidiary of Tata Power, has won a significant contract from the Maharashtra State Electricity Distribution Company (MSEDCL) to develop a 400 MW wind-solar hybrid project in Maharashtra. The project marks TPREL's largest renewable energy initiative in the state to date. Project details and significance.
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The project includes an initial contracted capacity of 200 MW, with an additional 200 MW available through a greenshoe option. This initiative is part of MSEDCL's broader strategy to fulfill Maharashtra's Renewable Purchase Obligation (RPO) and address future power demands with competitive tariffs. TPREL announced the successful acquisition of the Letter of Award (LOA) through a filing to the exchange. The LoA was issued following a competitive bidding process conducted via an electronically based rev
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