Tata Power on Monday said its subsidiary Tata Power Renewable Energy Ltd (TPREL) will develop a 120 MW solar project for Gujarat Urja Vikas Nigam.
“Tata Power, India’s largest integrated power company, announced that Tata Power Renewable Energy Limited (TPREL), the company’s wholly owned subsidiary, has received a Letter of Award from Gujarat Urja Vikas Nigam Limited (GUVNL) on June 12, 2020 to develop a 120 MW solar project in Gujarat,” it said in a regulatory filing.
The energy will be supplied to GUVNL under a power purchase agreement (PPA), valid for a period of 25 years from scheduled commercial operation date, it added.
