Tata Power signs PPA with Tata Steel to develop a 15 MW solar project at Jamshedpur

TP Saurya Limited, a wholly-owned subsidiary of Tata Power, has signed a power purchase agreement with Tata Steel to develop a 15 megawatt solar project at Jamshedpur in Jharkhand.

The energy will be supplied to Tata Steel under a power purchase agreement valid for a period of 25 years from scheduled commercial operation date. The project is required to be commissioned within six months from the date of power purchase agreement’s execution. The plant is expected to generate an average of 32 million units of energy per year and will annually offset average 25.8 million kg of carbon dioxide.

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