Utility giant Tata Power has received a Letter of Award (LoA) from the Kerala State Electricity Board Ltd (KSEBL) to develop a 110 MW solar project. The company won this capacity under KSEBL tender announced in the month of September last year.
January 07, 2021. By Manu Tayal
Utility giant Tata Power has received a Letter of Award (LoA) from the Kerala State Electricity Board Ltd (KSEBL) to develop a 110 MW solar project.
The company won this capacity under KSEBL tender announced in the month of September last year.
Further, the power generated from the project will be supplied to KSEBL under a 25-year Power Purchase Agreement (PPA). Also, the project is expected to be commissioned within 18 months from the date of execution of the PPA.
With this project, the company’s renewable energy capacity grew to 4,032 MW, including 2,667 MW operational and 1365 MW under implementation.
Commenting on this achievement, Praveer Sinha, CEO & MD, Tata Power, said that, “we are proud to announce that we have been awarded 110 MW solar project by KSEBL, and are thankful to the Government of Kerala and the officials at KSEBL for this opportunity. We are delighted to contribute towards the realisation of our country’s commitment towards clean and green energy through solar power generation.”
Meanwhile, the solar project is expected to generate about 274 MUs of energy per year post completion and will annually offset approximately 274 Million Kg of CO2.
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