Tata Power acquires 30 MW wind farm in Maharashtra

With this acquisition, Tata Power's total generation capacity now becomes 9,213 MW

Tata Power bags 100 Mw solar projects in Karnataka
Press Trust of India New Delhi
Last Updated : May 20 2016 | 3:30 PM IST
Tata Power on friday announced it has completed the acquisition of 30 MW wind farm in Maharashtra.

"Tata Power Renewable Energy Ltd (TPREL), a 100% subsidiary of Tata Power...Has completed acquisition of 100% shareholding in Indo Rama Renewables Jath Ltd (IRRJL), which is a 100% subsidiary of Indo Rama Renewables Limited (IRRL)," the company said in a statement.

IRRJL has a 30 MW operating wind farm in Sangli district of Maharashtra, it said.

Also Read

The wind farm, which is fully operational since July 2013, has a long-term power purchase agreement with Maharashtra State Electricity Distribution Ltd and is registered under the generation-based incentive scheme of Ministry of New and Renewable Energy.

With this acquisition, Tata Power's total generation capacity now becomes 9,213 MW and current operating non-fossil based capacity at 1,704 MW.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 20 2016 | 3:22 PM IST

Next Story