Tata Power Renewable Energy Limited (TPREL) has received a letter of award (LoA) for developing a 200 MW firm and dispatchable renewable energy (FDRE) project with SJVN Limited.
The plant has been meticulously sized with a hybrid combination of solar, wind, and battery storage of appropriate capacities to meet the 200 MW FDRE requirement. This ensures that the energy generated by the plant is dispatched as and when needed by discoms during peak hours, providing stability to the grid. FDRE provides round-the-clock power supply and supports the discoms in meeting renewable purchase obligation and energy storage obligation. This is the first FDRE power tender won by TPREL, which includes a greenshoe option, allowing for additional capacity beyond the initial 200 MW. The project was awarded through competitive bidding, followed by a reverse e-auction. The project is expected to be commissioned within 24 months from the power purchase agreement execution date. The installation will offset more than 0.9 tonnes of CO2 emissions annually.