The Solar Energy Corporation of India (SECI) has awarded a 600MW hybrid (wind and solar) power project in Karnataka to TP Saurya (TPSL), a fully owned subsidiary of Tata Power.
The letter was chosen through competitive tariff-based bidding and then an online reverse auction. Within 24 months on the day the PPA was executed, the project would be put into operation.
Praveer Sinha, CEO & MD, Tata Power, said “We are enthused with the win of 600MW hybrid project for SECI as it reaffirms Tata Power’s commitment to building a sustainable ecosystem for transitioning towards a greener future. Renewable hybrid projects are a game changer in India as they can generate round-the-clock power with high reliability levels to help meet country’s decarbonisation goals.”
With this win, the total renewables capacity of Tata Power reaches 5,524 MW, with an installed capacity of 3,634 MW and 1,890 MW under various stages of implementation.
