Mumbai, 14 April (IANS). Tata Power Renewable Energy Limited (TPREL) said on Monday that it has signed an power purchase agreement with the country’s largest integrated power company NTPC Limited for the 200 MW renewable energy (RE) project.
An official statement said that the project, which spread in many places in the country, is to be completed within 24 months. This is expected to generate about 1,300 million units (MUs) of electricity annually, which will reduce more than 1 million tonnes of carbon dioxide emissions per year.
The project was achieved by TPREL on the basis of competitive bid and will include Solar, Pawan and BESS technology.
The statement stated that a major feature of this initiative is a commitment to a four -hour peak power supply, which ensures at least 90 percent of the availability during the hours of peak demand to meet the growing energy needs of distribution companies.
With this project, TPREL’s total renewable energy utility capacity has reached 10.9 GW. Currently, 5.5 GW of this capacity is on, including 4.5 gigawatt solar and a gigawat wind power.
Additionally, 5.4 GW is in different stages of implementation, which is equally divided between 2.7 GW of solar and 2.7 gigawatt wind projects.
These current projects are expected to be completed in a phased manner in the next six to 24 months.
TPREL said that the project offers green energy solutions for rural and urban areas such as Turnky, EPC. In addition, Operation and Maintenance (O&M) provides solution for different business segments such as utility-scale projects and solar rooftops.
With its large portfolio of renewable solutions, the company has a state -of -the -art solar cell and module manufacturing plant in Bangalore, with a capacity of 530 MW for solar cells and 682 megawatts for modules.
In addition, the company has a 4.3 gigawat capacity cell and module manufacturing plant in Tirunelveli, Tamil Nadu. According to the statement, TPREL also provides electric vehicles (EV) charging solutions in various fields and other advice solutions in the renewable energy sector.
-IANS
SKT/Ekde
