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Tata Power bags 100 Mw solar projects in Karnataka

The projects have been awarded through open category under Jawaharlal Nehru National Solar Mission

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Tata Power

Press Trust of India  |  New Delhi 

Tata Power bags 100 Mw solar projects in Karnataka

Renewable Energy on Thursday announced that it has won two solar-grid connected photovoltaic projects of 50 Mw capacity each in Karnataka.

"Company's 100 per cent subsidiary, Renewable Energy Ltd (TPREL) has won two Solar grid connected photovoltaic projects of 50 Mw capacity each in Pavagada Solar Park in the Tumkur district of Karnataka," the company said in a statement.

The projects have been awarded through open category under Jawaharlal Nehru National Solar Mission (JNNSM) Phase-II Batch-II Tranche-l under 'State Specific Bundling Scheme', the statement added.

TPREL has received the Letter Of Intent (LoI) to develop the projects and will sign a 25 year Power Purchase Agreement (PPA) with NTPC Vidyut Vyapar Nigam Ltd.

CEO and Managing Director Anil Sardana said: "The two solar projects will add 100 Mw of non-fossil fuel energy to our total generation capacity, thereby, significantly increasing our green footprint."

The JNNSM, launched in January 2010, is a major initiative of the government that aims to establish India as a global leader in solar energy by creating favourable policy conditions for its diffusion across the country.

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First Published: Thu, May 19 2016. 14:21 IST
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