Tata Power Renewable Energy signs power purchase agreement with NTPC
India, April 14 -- Tata Power Renewable Energy (TPREL), subsidiary of Tata Power Company, has signed a Power Purchase Agreement (PPA) with NTPC to develop a 200 MW Firm and Dispatchable Renewable Energy (FDRE) Project.The project, spread across multiple locations in India is set to be completed within 24 months and is expected to generate approximately 1,300 million units (MUs) of electricity annually, mitigating over 1 million tons of carbon dioxide emissions per year. The project was won by TPREL based on competitive bidding and would consist of Solar, Wind and BESS technologies. A key feature of this initiative is the commitment to a 4 hour peak power supply, ensuring at least 90% availability during peak demand hours to support the grow...
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