Construction Industry News
Tata Generation Renewable Energy, a subsidiary of Tata Power, has announced that it has received a Letter of Award from Tata Power Delhi Distribution (DDL) for a 255 MW wind-solar hybrid project in Karnataka.
According to the official press release, the project's power will be supplied to Tata Power-DDL, a joint venture between Tata Power and the Government of the National Capital Territory of Delhi. “The letter indicates the current capacity split as 85 MW solar and 170 MW wind, with the green-shoe option of additional capacity of 85 MW solar and 170 MW wind,” the report continued.
The project will be delivered within 24 months from the date of execution of the PPA. The letter was won in an e-reverse auction.
“This partnership will also encourage other distribution companies in the country to increase the share of renewable energy in their entire energy mix and contribute to the country's net zero emissions target,” said Ashish Khanna, CEO of Tata Power Renewable Energy.
With this win, Tata Power Renewable's total renewable energy capacity has reached 6,048 MW, with 3,884 MW installed and 2,164 MW in various phases of deployment, according to the press release.
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