Tata Power Renewable Energy Limited (TPREL), a leading player in India’s renewable energy sector and a subsidiary of The Tata Power Company Limited, has entered into a Power Purchase Agreement (PPA) with NTPC Limited, India’s largest integrated power company. The agreement outlines the development of a 200 MW Firm and Dispatchable Renewable Energy (FDRE) project, set to be completed within 24 months.
This project will be spread across multiple locations in India, generating around 1,300 million units (MUs) of electricity annually. The initiative is expected to mitigate over 1 million tons of carbon dioxide emissions per year, contributing to a reduction in environmental impact. The project is a result of competitive bidding and will utilize a combination of Solar, Wind, and Battery Energy Storage System (BESS) technologies.
A key feature of this project is the provision of 4 hours of peak power supply, ensuring at least 90% availability during peak demand hours. This is intended to address the growing energy needs of Distribution Companies and enhance grid reliability. TPREL’s ability to deliver firm and dispatchable renewable energy demonstrates its commitment to meeting India’s increasing power requirements while maintaining a focus on sustainability.
With this addition, TPREL’s total renewable energy capacity reaches 10.9 GW. Of this capacity, 5.5 GW is operational, including 4.5 GW from solar energy and 1 GW from wind energy. The remaining 5.4 GW is under various stages of implementation, with solar and wind projects evenly split at 2.7 GW each. These projects are expected to be completed in phases over the next 6 to 24 months.
