Tata Power arm to set up 80 MW FDRE project at Rs 1,200 cr
Tata Power Renewable Energy Ltd (TPREL) has signed a power purchase agreement with Tata Power Mumbai Distribution to set up an 80 MW FDRE project at Rs 1,200 crore.
An FDRE (Firm and Dispatchable Renewable Energy) project integrates advanced solar, wind and battery storage systems to enable reliable energy dispatch during peak demand, thereby strengthening grid stability.
The time period for project execution is 24 months, Tata Power, the parent company of TPREL, said in an exchange filing.
