Tata Power Renewable Energy (TPREL) has won a contract to develop a 400 MW wind-solar hybrid project from Maharashtra State Electricity Distribution Company (MSEDCL).

This project marks TPREL’s largest renewable energy venture in Maharashtra to date. The project awarded to TPREL includes an original contracted capacity of 200 MW and a greenshoe option for an additional 200 MW capacity.

This hybrid power project is expected to be completed within 24 months of signing the power purchase agreement between TPREL and MSEDCL.

The electricity generated by the hybrid project will be supplied to MSEDCL.

The project will contribute to Maharashtra’s Renewable Purchase Obligation targets and enhance the state’s renewable energy portfolio.

With this new project, TPREL’s renewable energy portfolio stands at a total capacity of 10.5 GW, with an operational capacity of 4.8 GW, comprising 3.8 GW of solar and 1 GW of wind energy projects. The company’s solar EPC portfolio is more than 15 GW of ground-mount utility-scale and over 2 GW of rooftop and distributed ground-mounted systems.

TPREL was declared one of the winners in REMC Limited’s auction to supply 750 MW of round-the-clock power from grid-connected renewable projects with or without storage across India for 25 years. Tata Power Renewable quoted ₹4.43 (~$0.053)/kWh and won 50 MW.

Earlier this month, the Delhi Electricity Regulatory Commission allowed TPREL to extend the scheduled commercial operation date for its 510 MW wind-solar hybrid power project in Karnataka.

Recently, TP Solar, a subsidiary of TPREL, began commercial production from its 2 GW solar cell line at the Tirunelveli manufacturing facility in Tamil Nadu. This new capacity aims to meet the increasing demand for domestically produced solar components, especially for large-scale projects.

The company also has a solar manufacturing plant in Bengaluru, with capacities of 530 MW for solar cells and 682 MW for modules.