Tata Power Renewable Energy Limited (TPREL) has signed a PPA with NTPC Limited (NTPC), India’s largest integrated power company, to develop a 200MW firm and dispatchable hybrid renewable energy (FDRE) project.
The project, spread across multiple locations in India is set to be completed within 24 months and is expected to generate approximately 1,300 million units (MUs) of electricity annually, mitigating over 1 million tonnes of carbon dioxide emissions per year.
The project was won by TPREL based on competitive bidding and would consist of solar, wind and BESS technologies.
A key feature of this initiative is the commitment to a 4 hour peak power supply, ensuring at least 90% availability during peak demand hours to support the growing energy needs of distribution companies.
With this project, TPREL’s total renewable utility capacity has reached 10.9GW.
Currently, 5.5GW of this capacity is operational, comprising 4.5GW of solar and 1GW of wind energy.
Additionally, 5.4GW is under various stages of implementation, evenly split between 2.7GW of solar and 2.7GW of wind projects.
These ongoing projects are expected to be completed in phases over the next 6 to 24 months in a staggered manner.