Tata Power Arm Gets LoA to Set Up 330 MW Solar Project in Madhya Pradesh 

Utility giant Tata Power’s wholly-owned subsidiary TP Saurya Ltd (TPSL) has received a Letter of Award (LoA) from Rewa Ultra Mega Solar Ltd (RUMSL) to develop an aggregate 330 MW of capacity solar power projects in Neemuch Solar Park in Madhya Pradesh.

September 02, 2021. By Manu Tayal

Utility giant Tata Power’s wholly-owned subsidiary TP Saurya Ltd (TPSL) has received a Letter of Award (LoA) from Rewa Ultra Mega Solar Ltd (RUMSL) to develop an aggregate 330 MW of capacity solar power projects in Neemuch Solar Park in Madhya Pradesh.
 
The company had won this project, which comprised of two solar plants of 160 MW and 170 MW, through Tariff-based competitive bidding followed by an e-Reverse auction.
 
The LoA has been received by Ashish Khanna, President - Renewables, Tata Power from Shivraj Singh Chouhan, Chief Minister of Madhya Pradesh in the presence of Hardeep Singh Dang, Minister of Department of New and Renewable Energy; Sanjay Dubey (IAS), Principal Secretary; Akash Tripathi (IAS), MD, MPPMCL and other key dignitaries.
 
Commenting on receiving the LoA, Dr. Praveer Sinha, CEO & MD, Tata Power said, “we are glad to receive this prestigious order for development and operation of 330 MW Solar Project from Rewa Ultra Mega Solar in Madhya Pradesh. We have been progressively growing our portfolio of grid-scale solar plants across the country.”
 
The electricity generated from these projects will be supplied to the Indian Railways and the Madhya Pradesh Power Management Company Ltd under the 25-years Power Purchase Agreement (PPA).
 
TP Saurya had won this capacity in a bid finalised through reverse auction by RUMSL earlier. 
 
The company said that these projects are expected to be commissioned within 19 months from the date of execution of the PPA.
 
Meanwhile, the total renewable capacity of Tata Power reached 4,361 MW with an installed capacity of 2,947 MW and 1,414 MW under implementation.
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