Tata Power unit bags 600MW hybrid project in Karnataka

It will be commissioned within 24 months from the effectivity of the PPA.

TP Saurya Limited, a wholly-owned subsidiary of Tata Power, was given a “Letter of Award” by the Solar Energy Corporation of India to develop its 600-megawatt (MW) hybrid wind and solar power project in Karnataka.

In a statement, Tata Power said its subsidiary was awarded the project through tariff-based competitive bidding, followed by an e-Reverse auction.

"We are enthused with the win of the 600MW hybrid project for SECI as it reaffirms Tata Power's commitment to building a sustainable ecosystem for transitioning towards a greener future. Renewable hybrid projects are a game changer in India as they can generate round-the-clock power with high-reliability levels to help meet the country's decarbonisation goals," Tata Power CEO and Managing Director Praveer Sinha said.

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The project is expected to commence operations within 24 months from the execution date of the power purchase agreement.

The awarded project brings Tata Power’s renewable capacity to 5,524MW, with a 3,634MW installed capacity, and 1,890MW under various implementation stages.