A 330 MW solar project to be built by Tata Power in Madhya Pradesh

The project is on a 25-year power purchase agreement with Indian Railways and Madhya Pradesh Power Management Company.

A wholly-owned subsidiary of Tata Power, TP Saurya, has received a Letter of Award from Rewa Ultra Mega Solar to build a 330-megawatt (MW) solar power plant in Madhya Pradesh’s Neemuch Solar Park.

After tariff-based competitive bidding, the project was awarded through an e-reverse auction.

In an official statement, the company explained that the project is to be built at the Neemuch Solar Park in Neemuch district at Madhya Pradesh on a 25-year power purchase agreement with Indian Railways and Madhya Pradesh Power Management Company.

The PPA stated that the project would be operational within 19 months of the date of its execution.

“We are honored to receive such a prestigious order… Tata Power’s CEO and MD Praveer Sinha said, “We have been gradually expanding our portfolio of grid-scale solar plants across the country.”

As a result, Tata Power will have an installed renewable capacity of 2,947 MW and 1,414 MW under implementation, bringing its total renewable capacity to 4,361 MW.

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