Tata Power Gets LoA from GUVNL to Develop 60 MW Solar Project in Gujarat

Utility major Tata Power said that it has recently received a Letter of Award (LoA) from Gujarat Urja Vikas Nigam Ltd (GUVNL) to develop a 60 MW of capacity solar power project in Gujarat.

March 30, 2021. By Manu Tayal

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Utility major Tata Power said that it has recently received a Letter of Award (LoA) from Gujarat Urja Vikas Nigam Ltd (GUVNL) to develop a 60 MW of capacity solar power project in Gujarat.

The company had won this project under a bid announced by GUVNL in the month of January, this year.

As per the terms of the project contract, the electricity generated from the plant will be supplied to GUVNL under a 25 year Power Purchase Agreement (PPA), starting from scheduled commercial operation date.

Moreover, the project is expected to be commissioned within 18 months from the date of execution of the PPA.

Commenting on receiving the LoA, Dr. Praveer Sinha, CEO & MD, Tata Power, said that, “we are proud to announce that we have been awarded 60 MW Solar Project in Gujarat, and are thankful to the Government of Gujarat and the officials at GUVNL for this opportunity. With this award the cumulative capacity under development in Gujarat would be 580 MW. We are delighted to contribute towards the realisation of our country’s commitment towards clean and green energy through solar power generation.”

The plant is expected to generate about 156 MUs of energy per year and will annually offset approximately 156 million kg of CO2.

The company’s renewable capacity would increase to 4,007 MW, out of which 2,687 MW is operational and 1,320 MW is under implementation including 60 MW won under this PPA.

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