Tata Power signs PPA with Apollo Gleneagles for solar carport in Kolkata

Tata Power has signed a power purchase agreement (PPA) with Apollo Gleneagles Hospitals, Kolkata to commission a solar carport in the city.

With 335Kwp capacity, the project is expected to generate approximately 4.26 lakh units annually for the hospital, which is equivalent to about 4-5 per cent of the health facility’s power consumption. The capital expenditure for the project will be borne by Tata Power and the electricity will be sold to the hospital at an agreed price. The hospital will buy entire power generated from the carport at Rs 6.5 per unit, which will be about 20-25 per cent lower than the grid electricity price.

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