Tata Power Renewable Energy Limited (TPREL), a leading player in Indiaโs clean energy transition and a subsidiary of The Tata Power Company Limited, has signed a Power Purchase Agreement (PPA) with NTPC Limited, Indiaโs largest integrated power utility, to develop a 200 MW Firm and Dispatchable Renewable Energy (FDRE) project.
The project, set to be commissioned within 24 months, will be spread across multiple locations in India and is expected to generate approximately 1,300 million units (MUs) of clean electricity annuallyโequivalent to offsetting over 1 million tons of COโ emissions each year.
Secured through competitive bidding, the project will integrate solar, wind, and battery energy storage systems (BESS). A standout feature of the initiative is its 4-hour peak power supply capability, designed to ensure at least 90% availability during high-demand hoursโa critical requirement for meeting the dynamic needs of Indiaโs power distribution companies.
This agreement further solidifies TPRELโs position as a frontrunner in deploying hybrid renewable projects with advanced storage capabilities, supporting Indiaโs goal of a greener, more resilient energy future.
With this addition, TPRELโs total renewable energy portfolio reaches 10.9 GW, including 5.5 GW of operational capacity (4.5 GW solar and 1 GW wind) and 5.4 GW under implementation (split evenly between solar and wind). The projects under development are expected to be rolled out in phases over the next 6 to 24 months.
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