Tata Power Renewable Energy Limited (TPREL) has secured a letter of award (LoA) from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the development of a 400 MW wind-solar hybrid project in Maharashtra.
The LoA includes an original contracted capacity of 200 MW, along with a greenshoe option for an additional contracted capacity of 200 MW. The project is expected to be completed within 24 months from signing of the power purchase agreement between TPREL and MSEDCL. The electricity generated by the solar and wind energy hybrid project will be supplied to MSEDCL and aid the utility company in meeting its energy needs sustainably and enhancing Maharashtra’s renewable energy portfolio. With this addition, TPREL’s total renewable energy capacity has increased to 10.5 GW with 5.7 GW of projects in various stages of implementation. Its operational capacity has reached 4.8 GW, comprising 3.8 GW of solar and 1 GW of wind energy projects.