Tata Power Renewable Energy Ltd, a 100 per cent subsidiary of Tata Power, has built a 100 MW (50 MW x 2) solar power capacity at Anthapuramu Solar Park, Andhra Pradesh.
With this, the overall operating renewable capacity of TPREL presently remains at 2,215 MW in India.
The sale of power from this solar plant has been tied up under a 25-year power purchase agreement with Solar Energy Corporation of India (SECI).
This is part of the implementation of the MNRE scheme for developing grid connected solar power capacity of Jawaharlal Nehru National Solar Mission (JNNSM) Phase II, Batch-III of the Government of India through viability gap funding (VGF) mode.
“Sustainable power source is the future for ‘New India’ and will assume a major part in giving the nation “24X7 Power for All by 2019. For a tropical nation like India, solar power source has the most astounding potential. Tata power is engaged to always multiply the gathering’s sustainable power source portfolio and we intend to include around 1,000 MW sustainable power source ability to our portfolio consistently, scaling it to 45-50 percent in the following five years, generally through natural development,” Praveer Sinha, CEO and Managing Director, Tata Power, said.
“The commissioning of 100 MW limit in Anthapuramu has sustained our situation as a main sustainable power source organization in the nation with a significant presence in solar power generation ,” Ashish Khanna, President-Renewables, Tata Power, said.
The organization had naturally included 159 MW wind and solar power plant in FY17 alongside the securing of Welspun Renewables Energy Pvt td. last year.