Tata Power Secures 400 MW Hybrid Project in Maharashtra
Tata Power Secures 400 MW Hybrid Project in Maharashtra
Tata Power Secures 400 MW Hybrid Project in Maharashtra
News summary

Tata Power Renewable Energy Limited (TPREL) has secured a Letter of Award (LoA) for a 400 MW wind-solar hybrid project from the Maharashtra State Electricity Distribution Company Limited (MSEDCL), marking TPREL's largest renewable energy project in Maharashtra to date. The project includes an initial contracted capacity of 200 MW with a greenshoe option for an additional 200 MW and is part of MSEDCL's initiative to meet the state's Renewable Purchase Obligations (RPO). It is expected to be completed within 24 months from the signing of the Power Purchase Agreement (PPA) and aims to reduce carbon emissions by an estimated 895 million kilograms of CO2 annually. The hybrid project will enhance Maharashtra's renewable energy portfolio and support the state's transition to a low-carbon future. With this project, TPREL's total renewable energy capacity rises to 10.5 GW, of which 4.8 GW is operational, emphasizing its commitment to green energy innovation.

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