Tata Power Solar bags Rs 1,731 crore solar project from state-run NHPC

Tata Power Solar on Monday said it has bagged an order of 300MW solar project worth Rs 1,731 crore from state-run NHPC in Rajasthan.

Tata Power Solar on Monday said it has bagged an order of 300MW solar project worth Rs 1,731 crore from state-run NHPC in Rajasthan. With this Rs 1731 crore project, the company’s, a wholly owned subsidiary of Tata Power. Pending order book reaches Rs 13,500 crore and the total utility-scale solar project portfolio touches 9.7GWp. The company said in a statement issued here. “This project underlines the industry’s confidence in our ability to develop. And deliver world-class solar projects on time using state-of-the-art Indian technology”. Praveer Sinha, CEO and MD, Tata Power, said. The project will be developed under the CPSU scheme of IREDA. And is expected to be completed within 18 months’ time period. The project is expected to generate around 750 million units annually, while reducing around 6,36,960 carbon emissions. “Cells and modules made in India would be used in the project installation,” the company said.

(Except for the headline. This story has not been edited by Business Upturn staff and is published from a syndicated feed.)

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