, India
Photo by Pixabay (Pexels).

Tata Power unit bags 125MWp floating solar project

It will be commissioned within 13 months.

Tata Power Renewable Energy (TPREL) subsidiary, Tata Power Solar Systems, has received the “Letter of Award” (LoA) of INR5.96b from NHDC Limited to set up a 125 megawatt-peak floating solar project in Madhya Pradesh.

In a statement, Tata Power said the LoA was given through tariff-based competitive bidding which called for bids early this year.

The project located at the Omkareshwar reservoir in the Khandwa district will be commissioned within 13 months from the date of the award. The power to be generated from the project will be supplied to M.P. Power Management Company Limited.

READ MORE: Tata Power unit commissions 225MW hybrid power projects in Rajasthan

"This is a significant project for Tata Power Solar and we are honoured to collaborate with NHDC. This partnership will highlight our working and project execution diversity to promote green energy across sectors. Floating solar projects are the game changer for the renewable industry,” said TPREL CEO Ashish Khanna.

Tata Power has a 93.94% stake in TPREL, whilst NHDC is a joint venture between NHPC Limited and the Government of Madhya Pradesh.

Follow the link for more news on

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Could coal-based power still get funding
Asian markets have increased coal output to meet energy demand.
Indonesia’s new regulation speeds up energy transitions
The government has issued Presidential Regulation No. 112 of 2022 to limit the coal-fired power plants and gradually reduce coal consumption.