TPREL Signs 100 MW PPA With SECI

Tata Power Subsidiary To Develop 100 MW Solar Power Project In Andhra Pradesh
07:47 PM (Beijing Time) - 25. October 2016
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TPREL has a total renewable energy portfolio of 2,300 MW post its acquisition of Welspun Renewables Energy in June 2016, which includes 896 MW solar generation capacity. Pictured is TPREL’s Mithapur Solar Plant.

Key Takeaways

  • Tata Power Renewable Energy Limited (TPREL) won 100 MW solar power capacity in open category tender in Andhra Pradesh
  • It has now signed a power purchase agreement with the Solar Energy Corporation of India (SECI)
  • TPREL has to complete and commission the project by October 16, 2017

The renewable energy arm of Tata Power has entered a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for a 100 MW solar PV project. The solar system will be built at Anantapuram Solar Park in the southern Indian state of Andhra Pradesh. This park is scheduled to have a capacity of 1,500 MW once it completes by April 2017.

Tata Power Renewable Energy Ltd (TPREL) won the 100 MW capacity through competitive bidding for the so-called open category of the country’s flagship solar power program, Jawaharlal Nehru National Solar Mission (JNNSM). The commercial operations date is scheduled for October 16, 2017, as per the terms of the PPA.

Rahul Shah, CEO and executive director of TPREL, said that his company will look to add significantly to its solar generation capacity in the next five years.

TPREL became India’s largest renewable energy company in June 2016 when it acquired fellow Indian developer Welspun Renewables Energy Private Limited (WREPL) with a total renewable energy portfolio of 1,140 MW (see Tata Acquires Welspun Renewables). TREPL has now a total renewable assets portfolio of 2,300 MW, which includes 896 MW solar generation capacity.

In August 2016, TREPL also commissioned a 100 MW solar power project in Andhra Pradesh in the so-called domestic content requirement (DCR) category, which requires project developers to use only locally produced solar power equipment (see Tata Commissions Record PV Plant).

Tata Power operates its own PV cell and module production lines. Latest data available with the Ministry of New and Renewable Energy (MNRE) shows that Tata Power Solar Systems Limited operates a 300 MW module factory, as of June 30, 2016. Its installed solar cell manufacturing capacity is 180 MW, of which 140 MW was utilized in June.

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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Anu Bhambhani