Tata Power Receives Letter of Award to Develop 100 MW of Solar Projects in Maharashtra
The order value of the projects awarded by EESL is ₹5.38 billion
October 12, 2021
Tata Power Solar, a wholly-owned subsidiary of Tata Power, has received a Letter of Award (LoA) to develop 100 MW of distributed ground-mounted solar projects in Maharashtra for Energy Efficiency Services Limited (EESL).
The total order value of the projects is ₹5.38 billion (~$71.4 million). The projects will have to be commissioned within 12 months.
The scope of work includes engineering, design, supply, construction, erection, testing, commissioning, and operation and maintenance of the solar projects.
With this LoA, Tata Solar Power’s utility-scale engineering, procurement, and construction (EPC) order book stood at 4 GWDC capacity with a value of ₹92.64 billion (~$1.22 billion).
In February 2021, Convergence Energy Services Limited, a wholly-owned subsidiary of Energy Efficiency Services Limited, floated a tender for setting up 100 MW of solar power projects in Maharashtra with individual systems ranging between 2 MW and 10 MW.
The scope of work included the design, engineering, supply, construction, erection, testing, and commissioning of the projects. Selected bidders had to provide operations and maintenance services for the systems for 12 years. The projects must be completed within 180 days from the date the letter of award is issued.
Tata Power said that it has over 13 GW installed power capacity. The company is committed to clean energy generation, and its 4.2 GW of clean generation capacity from solar, wind, hydro, and waste heat recovery accounts for 32% of its overall portfolio.
In August 2021, Tata Power Solar Systems won Solar Energy Corporation of India’s (SECI) auction for a 20 MW solar power project with a 50 MWh battery energy storage system (BESS). The project would be set up in Leh district of the union territory of Ladakh.
In July, Tata Power and Azure Power were winners in the Maharashtra State Electricity Distribution Company Limited’s auction to procure power from 500 MW of grid-connected interstate and intrastate wind-solar hybrid projects on a long-term basis. Tata Power won a capacity of 300 MW, and Azure Power won 200 MW, both quoting ₹2.62 (~$0.035)/kWh.
According to Mercom’s India Solar Project Tracker, Maharashtra has 748 MW of installed solar capacity as of Q2 2021.