Tata Power Gets LoI to Supply Clean Electricity in Maharashtra from its 250MW Solar Plant

Utility giant Tata Power’s wholly-owned subsidiary TP Saurya Ltd (TPSL) has received the ‘Letter of Intent’ (LoI) from the state-owned Maharashtra State Power Generation Company Ltd (MAHAGENCO) for setting up of 250 MW grid-connected solar photovoltaic (PV) power plant in Maharashtra.

September 20, 2021. By Manu Tayal

Utility giant Tata Power’s wholly-owned subsidiary TP Saurya Ltd (TPSL) has received the ‘Letter of Intent’ (LoI) from the state-owned Maharashtra State Power Generation Company Ltd (MAHAGENCO) for setting up of 250 MW grid-connected solar photovoltaic (PV) power plant in Maharashtra.
 
Also, the project has been awarded to the company via tariff-based competitive bidding followed by e-Reverse auction by MAHAGENCO for setting up of 250 MW of solar power plant at the Dondaicha Solar Park in Dhule district of Maharashtra.   
 
In this regard, Maharashtra State Electricity Distribution Company Limited (MSEDCL) has conveyed consent to purchase the power generated from this solar plant.
 
Further, the solar power plant project is expected to be commissioned within 15 months from the date of the PPA execution.             
                                                          
Commenting on the development, Dr. Praveer Sinha, CEO & MD of Tata Power said, “we are proud to win this large scale grid-connected solar photovoltaic EPC power project. The project will further promote the share of renewable power in the overall energy mix in Maharashtra. We are one of the leaders in solar power and committed to usher in an era of clean energy in the country.”
 
Post the completion of the project, the total renewable capacity of Tata Power will reach 4,611 MW with an installed capacity of 2,947 MW and 1,664 MW under implementation.
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