Tata Power arm bags order to develop 225 megawatt hybrid renewable project

Tata Power on Thursday said its wholly-owned subsidiary TPGEL has bagged an order to develop a 225-megawatt hybrid renewable power project.

“Tata Power Green Energy Ltd (TPGEL), the company’s wholly-owned subsidiary, received a letter of award from Tata Power Mumbai Distribution on July 13, 2020 to develop a 225 MW hybrid renewable project,” Tata Power said in a BSE filing.

The energy will be supplied to Tata Power Mumbai Distribution under a power purchase agreement (PPA), valid for a period of 25 years from the scheduled commercial operation date, it added.

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