Tata Power Renewable Energy Limited (TPREL) has signed a power purchase agreement (PPA) with Tata Power Delhi Distribution Limited (Tata Power-DDL) for 510 MW hybrid project.
The plant will have 170 MW solar and 340 MW wind power capacity and will be located in Karnataka. The project can potentially save an average of 1,540 million units of CO2 emissions annually for Tata Power-DDL. The project will be commissioned within 24 months from the PPA execution date. TPREL won this project through a competitive bidding process, followed by the release of letter of award by Tata Power-DDL.