Tata Power arm wins 330 MW solar project in Madhya Pradesh auctions
TP Saurya, a subsidiary of Tata Power, has emerged the winner for 330 megawatt (MW) of solar capacities in the auction for 500 MW of solar plants to be built at the Neemuch solar park in Madhya Pradesh.
The company quoted the lowest tariff of Rs 2.14/unit for the solar capacity in the auction conducted by state-run Rewa Ultra Mega Solar Ltd (RUMSL). According to sources, Saudi Arabia-based Al Jomaih Energy and Water Co has won the remaining 170 MW capacity against a tariff of Rs 2.15/unit.
