The LoA was awarded from its Mumbai-based distribution company (DISCOM) – TataPower Mumbai Distribution. The project will be used to supply power to the DISCOM under a power purchase agreement (PPA) for 25 years.
According to the press statement, Tata Power’s renewable energy generating capacity will increase to 3,782 MW after the addition of this project. Of this, 2,637 MW capacity is currently operational, and the remaining 1,145 MW is under implementation, including 225 MW secured under this LoA.
Last month, Tata Power had issued a request for selection (RfS) to produce power on a long-term basis for a 225 MW hybrid renewable power project. The minimum project size of a single hybrid power project was 25 MW of wind with at least 5 MW at one site for an intra-state project. The capacity for inter-state projects will be 50 MW at one location to be interconnected at a single delivery point.
According to the tender document, the rated installed project capacity of either of the two components should be more than 25% of the other. Further, the wind component should be capped at a maximum of 50% of the project capacity.
The project is required to be commissioned within 18 months from the date of execution of the PPA, the company added. Tata Power also said that the project is expected to generate 700 million units (MU) of energy every year, offsetting about 700 million kilograms of carbon dioxide emission into the atmosphere.
Previously, Mercom reported, Tata Power announced that its subsidiary, Tata Power Renewable Energy Limited, received an LoA to develop a 100 MW solar project in Maharashtra. The new project will supply power to Maharashtra State Electricity Distribution Company Limited under a PPA for 25 years.
Earlier, Tata Power Delhi Distribution Limited issued a request for proposal to produce up to 150 MW renewable (non-solar) power on a short-term basis to meet its renewable energy purchase obligation.