Latest News | Tata Power Renewable Energy to Set Up 255 MW Hybrid Project in Karnataka

New Delhi, Dec 28 (PTI) Tata Power Renewable Energy Limited has received a Letter of Award (LoA) from Tata Power-DDL for setting up a 225 MW hybrid power project in Karnataka.

According to a statement, the project will be commissioned within 24 months from the signing of the Power Purchase Agreement (PPA). The power generated from the project will be supplied to Tata Power-DDL, which supplies electricity to a populace of over seven million in north Delhi.

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"Tata Power Renewable Energy Limited (TPREL) has received the LoA from Tata Power-DDL through e-reverse auction (route) for setting up a 255 MW hybrid (wind and solar) power project in Karnataka," Tata Power said in the statement on Wednesday.

TPREL is a subsidiary of Tata Power, and Tata Power Delhi Distribution Limited (Tata Power-DDL) is a joint venture company of Tata Power and the government of NCT of Delhi.

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"The letter indicates the current capacity bifurcation as 85 MW solar and 170 MW wind power with the green-shoe option of additional capacity of 85 MW solar and 170 MW wind," the company said.

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