Tata Power Renewable Energy to Build Huge Wind-Solar Project in Maharashtra
Mumbai (Maharashtra) [India], September 18: Tata Power Renewable Energy (TPREL), a part of Tata Power, has won a contract from the Maharashtra State Electricity Distribution Company (MSEDCL) to develop a 400 MW Wind-Solar Hybrid project in Maharashtra. The company announced this achievement in a filing to the exchange on Wednesday.
The project includes an initial contracted capacity of 200 MW, with an option for an additional 200 MW, making it the largest renewable energy project for TPREL in Maharashtra so far. This initiative is part of MSEDCL’s strategy to meet the state’s Renewable Purchase Obligation (RPO) and future power demands through competitive tariffs.
“The project is part of MSEDCL’s broader initiative to meet the state’s Renewable Purchase Obligation (RPO) and address future power demands at competitive tariffs. The LoA was issued through a competitive bidding process conducted via an electronically based reverse auction portal,” said the company.
The project is expected to be completed within 24 months of signing the Power Purchase Agreement (PPA) between TPREL and MSEDCL. Once operational, it will significantly reduce carbon emissions, with an estimated annual reduction of 895 million kilograms of CO2. The power generated will be supplied to MSEDCL, helping the utility meet its energy needs sustainably while boosting Maharashtra’s renewable energy portfolio.
The hybrid project will also make efficient use of local land resources, promoting regional development in the state. TPREL’s total renewable energy capacity has now reached 10.5 GW, with 5.7 GW of projects in various stages of implementation. Of its operational 4.8 GW capacity, 3.8 GW is from solar energy, while 1 GW is from wind energy projects.
Doubts Revealed
Tata Power Renewable Energy (TPREL) -: Tata Power Renewable Energy is a company in India that makes electricity using wind and sunlight. They are part of the big Tata Group.
Maharashtra State Electricity Distribution Company (MSEDCL) -: MSEDCL is a company that gives electricity to people in Maharashtra, a state in India. They make sure homes and businesses get the power they need.
400 MW -: 400 MW stands for 400 Megawatts. It’s a way to measure how much electricity a power plant can produce. One Megawatt can power about 1,000 homes.
Wind-Solar Hybrid project -: A Wind-Solar Hybrid project uses both wind turbines and solar panels to make electricity. This way, they can make power even if it’s not sunny or windy all the time.
Renewable Purchase Obligation -: Renewable Purchase Obligation is a rule that says companies must use a certain amount of renewable energy, like wind or solar power, instead of just coal or gas.
carbon emissions -: Carbon emissions are gases like carbon dioxide (CO2) that come from burning things like coal, oil, and gas. These gases can make the Earth warmer, which is not good for the environment.
895 million kilograms of CO2 -: 895 million kilograms of CO2 is a huge amount of carbon dioxide gas. Reducing this much CO2 is like taking many cars off the road to help the environment.
renewable energy portfolio -: A renewable energy portfolio is a collection of different ways a state or company makes clean energy, like using wind, solar, and water power.