Tata Power subsidiary to set up 600 MW hybrid power project in Karnataka

BL Mumbai Bureau Updated - July 14, 2022 at 11:30 AM.

With this project, the total renewables capacity of Tata Power reaches 5,524 MW

TP Saurya, a wholly owned subsidiary of Tata Power, has received the ‘Letter of Award’ (LoA) from Solar Energy Corporation of India (SECI) for setting up a 600 MW hybrid (wind and solar) power project in Karnataka.

The letter was awarded through tariff-based competitive bidding followed by an e-reverse auction. The project will be commissioned within 24 months from the PPA execution date.

Praveer Sinha, CEO & MD Tata Power, said: “Renewable hybrid projects are a game changer in India as they can generate round-the-clock power with high reliability levels to help meet country’s decarbonisation goals.”

With this project, the total renewables capacity of Tata Power reaches 5,524 MW, with an installed capacity of 3,634 MW and 1,890 MW under various stages of implementation.

Published on July 14, 2022 06:00

This is a Premium article available exclusively to our subscribers.

Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

You have reached your free article limit.

Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

You have reached your free article limit.
Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

TheHindu Businessline operates by its editorial values to provide you quality journalism.

This is your last free article.