Latest News | TP Saurya Bags 600-MW Wind Solar Hybrid Project in Karnataka
Get latest articles and stories on Latest News at LatestLY. Tata Power arm TP Saurya Ltd on Wednesday said it has bagged a 600-MW wind solar hybrid power project in Karnataka from state-owned Solar Energy Corporation of India.
New Delhi, Jul 13 (PTI) Tata Power arm TP Saurya Ltd on Wednesday said it has bagged a 600-MW wind solar hybrid power project in Karnataka from state-owned Solar Energy Corporation of India.
"TP Saurya Ltd (TPSL), a wholly-owned subsidiary of Tata Power, received the 'Letter of Award' (LoA) from Solar Energy Corporation of India (SECI) for setting up a 600 MW hybrid (wind and solar) power project in Karnataka," a statement said.
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According to the statement, the letter was awarded through a tariff-based competitive bidding process.
The project will be commissioned within 24 months from the PPA (Power Purchase Agreement) execution date.
Praveer Sinha, CEO & MD, Tata Power, said in the statement, "We are enthused with the win of 600 MW hybrid project for SECI as it reaffirms Tata Power's commitment to building a sustainable ecosystem for transitioning towards a greener future. Renewable hybrid projects are a game changer in India as they can generate round-the-clock power with high reliability levels to help meet country's decarbonisation goals."
With this project, the total renewables capacity of Tata Power reaches 5,524 MW, with an installed capacity of 3,634 MW and 1,890 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)