Tata Power Solar Systems Limited Receives ‘Letter of Award’ of ₹612 crore to Set up 100 MW Ground mounted Project for SJVN Limited in Gujarat – EQ Mag Pro
Tata Power Solar Systems Limited (TPSSL), one of India’s leading solar companies and 100% subsidiary of Tata Power Renewable Energy Limited (TPREL), received the ‘Letter of Award’ (LoA) of ₹ 612 crore for setting up a 100 MW groundmounted solar project for SJVN Limited (SJVN)
SJVN is an Indian public sector undertaking having business interests in hydro, thermal, solar, wind and in Power Transmission and Power Trading. It is a joint venture between the Government of India and the Government of Himachal Pradesh. The bids for the project, located at the Raghanesda solar park plot C, Gujarat, were invited earlier this year.
The LoA was awarded through tariff-based competitive bidding. The project will get commissioned within 11 months from the date of receiving of LoA
Speaking on the win, Mr. Ashish Khanna, CEO, TPREL, said, “We are glad to be associated with SJVN for setting up this 100MW landmark solar project in the ground-mounted segment. The project win further solidifies our expertise in developing and deploying large scale renewable projects for the public and corporate sector clients around the country.”
TPSSL has commissioned several large scale solar ground-mounted projects in the country. TPSSL is a pioneer in curating customized strategic renewable projects and with this win its total portfolio will touch 9.9GWp. As on date, TPSSL’s total order book stands at ₹ 15,520 crore.
About Tata Power Solar Systems Limited:
TPSSL, with over 32 years of deep domain expertise is one of the pioneering solar manufacturers in the world and India’s largest specialized EPC player. Founded in 1989, the company was originally formed as a joint venture between Tata Power and British Petroleum Solar (BP Solar). As a pioneer and market leader in the solar space, headquartered in Bangalore, TPSSL now operates independently as a wholly-owned subsidiary of TPREL.
As one of the largest solar manufacturers in India, TPSSL operates a world-class manufacturing unit in Bangalore, with a production capacity of 635MW of modules and 500 MW of cells. It has a portfolio of more than 9.9GWp of ground-mount utility-scale, over 1.2 GW of rooftop and distributed generation projects across the country, and has installed over 76,000 solar water pumps in India to date. It also offers a diverse line of solar solutions for both urban and rural markets – these include rooftop solutions, solar pumps, and power packs, among others. Tata Power Solar is committed to enabling solar everywhere and aims to provide energy access to millions of people across the country via its integrated solar solutions.
About Tata Power: Tata Power (NSE: TATAPOWER; BSE:500400) is one of India’s largest integrated power companies and together with its subsidiaries and jointly controlled entities, has an installed/managed capacity of 13,974 MW. The company has a presence across the entire power value chain – generation via renewables as well as conventional power including hydro and thermal energy; transmission & distribution, coal & freight, logistics, and trading. The company had developed the country’s first Ultra Mega Power Project at Mundra in Gujarat based on super-critical technology. With 5.1 GW of clean energy generation the company has 37% of clean portfolio. It has successful public-private partnerships in generation, transmission & distribution in India. Tata Power is currently serving more than 12 million consumers via its Discoms, under a public-private partnership model viz Tata Power Delhi Distribution Ltd. with the Government of Delhi in North Delhi, TP Northern Odisha Distribution Limited, TP Central Odisha Distribution Limited, TP Western Odisha Distribution Limited, and TP Southern Odisha Distribution Limited with the Government of Odisha.
With a focus on sustainable and clean energy development, Tata Power is steering the transformation as an integrated solutions provider by looking at new business growth in distributed generation through rooftop solar and Microgrids, storage solutions, solar pumps, EV charging infrastructure, ESCO, home automation & smart meters et al.
With its 107 legacy of technology advancements, project execution excellence, world-class safety processes, customer care, and green initiatives, Tata Power is well poised for high growth trajectory and is committed to lighting up lives for generations to come.
