Tata Power Renewable Energy said it has received a ‘letter of award’ to set up a 150 MW solar project in Solapur, Maharashtra.
The project will be commissioned within 18 months from the power purchase agreement (PPA) execution date.
“Tata Power Renewable Energy Ltd (TPREL), a subsidiary of Tata Power receives the ‘Letter of Award’ (LoA) from the Maharashtra State Electricity Distribution Corporation Ltd (MSEDCL) to set up 150MW solar project in Solapur, Maharashtra,” it said in a statement.
The LoA was won through tariff-based competitive bidding followed by an e-reverse auction, it added.
