Tata Power, on January 6, 2021, received a letter of award from Kerala State Electricity Board Ltd (KSEBL) to develop a 110-mw solar project.
The energy will be supplied to KSEBL under a Power Purchase Agreement (PPA), valid for a period of 25 years from scheduled commercial operation date. The Company cas won this capacity in a bid announced by KSEBL in September 2020. The project has to be commissioned within 18 months from the date of execution of the PPA.
“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,” notes Praveer Sinha, CEO & MD, Tata Power.,
The proposed plant is expected to generate about 274 million kwh of energy per year and will annually offset approximately 274 million kg of CO2.
With this, Tata Power’s renewable capacity will increase to 4,032 mw, out of which 2,667 mw is operational and 1365 mw (including 110 mw won under this LOA) is under implementation.
(Featured photograph for illustration only)