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Tata Power Renewable Energy commissions 25 MW solar plant

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Capital Market

In Charanka, Gujarat Solar Park

Tata Power Renewable Energy, a subsidiary of Tata Power Company announced that the Company has commissioned its 25 MW solar plant in Charanka, Gujarat Solar Park. The project was won by the Company in November 2016 under the National Solar Mission of Government of India through VGF mode, and its commissioning is earlier than timelines of December 2017 in the PPA. With this development, TPREL's total installed operating capacity now stands at 1484 MW.

The solar plant has been built over 113 acres of land and the Sale of power from solar plant has been tied up under a 25 year Power Purchase Agreement with SECI at a tariff of Rs. 4.43/ unit.

 

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First Published: Nov 07 2017 | 5:53 PM IST

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