Latest News | Tata Power Renewable Energy to Set Up 150 MW Solar Project in Solapur

New Delhi, Nov 9 (PTI) Tata Power Renewable Energy said it has received a 'letter of award' to set up a 150 MW solar project in Solapur, Maharashtra.

The project will be commissioned within 18 months from the power purchase agreement (PPA) execution date.

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"Tata Power Renewable Energy Ltd (TPREL), a subsidiary of Tata Power receives the 'Letter of Award' (LoA) from the Maharashtra State Electricity Distribution Corporation Ltd (MSEDCL) to set up 150MW solar project in Solapur, Maharashtra," it said in a statement.

The LoA was won through tariff-based competitive bidding followed by an e-reverse auction, it added.

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TPREL CEO Ashish Khanna said, "The award is in line with our commitment to create a sustainable ecosystem for transitioning towards a greener future and affirms our potential to deliver...world-class solar projects."

With this, the total renewables capacity of TPREL has reached 5,786 MW with an installed capacity of 3,877 MW (solar - 2,949 MW and wind - 928 MW) and 1,909 MW under various stages of implementation.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)