Mumbai, April 14 -- April 14Tata Power Renewable Energy Limited (TPREL) on Monday said it has signed a power purchase agreement with NTPC Limited, India's largest integrated power company, to develop a 200 MW renewable energy (RE) 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, an official statement said.

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 per...