Tata Power Renewable Energy Ltd has entered into a power purchase agreement (PPA) with Tata Power Mumbai Distribution for a contracted capacity of 80 MW Firm & Dispatchable Renewable Energy (FDRE) project.
The project will integrate advanced solar, wind and battery storage systems to enable reliable energy dispatch during peak demand, thereby strengthening grid stability.
The project, to be completed within 24 months and with capital outlay of around Rs.1,200 crore, is expected to generate approximately 315 million units (MU) of electricity annually, mitigating over 0.25 million tonnes of carbon dioxide emissions per year.
A key feature of this initiative is the commitment to a 4-hour peak power supply, ensuring at least 90 per cent availability during peak demand hours to support the growing energy needs of Tata Power Mumbai Distribution, a release from Tata Power said.
This project will play a pivotal role in helping Tata Power Mumbai Distribution meet its Renewable Purchase Obligation (RPO), as mandated by the State’s Regulatory Commission, MERC.
Once commissioned, the clean energy generated from this project will be seamlessly integrated into Tata Power’s Mumbai distribution network, enabling the delivery of reliable, low-emission electricity to around 8 lakh customers across residential, commercial, and industrial consumers.
Impact on capacity
With this addition, TPREL’s total renewable utility capacity is 11.3 GW (PPA capacity is 9.4 GW) including 5.7 GW projects under various stages of implementation and its operational capacity is 5.6 GW, which includes 4.6 GW solar and 1 GW wind. Presently, the company’s solar EPC portfolio is more than 15.7 GWp of ground-mount utility-scale and over 3 GW of rooftop and distributed ground-mounted systems, the release added.
Also read: Tata Power targets operational portfolio of over 7,000 ckm by 2027