Tata Power Renewable Energy Ltd through its subsidiary TP Vardhaman Surya Limited, on Thursday, received letter of award (LOA) to set up 966 MW RTC (round-the-clock) hybrid renewable power for Tata Steel.
In a regulatory filing, the company said, “This is one of the biggest industrial RTC power PPAs under Group Captive segment in the country. The project has the hybrid renewable capacity of 379 MW solar and 587 MW wind power.”
Shares of Tata Power Ltd, on Thursday, rose over 1 per cent at Rs 220.60 on BSE.