From pv magazine India
Tata Power's TP Saurya Limited (TPSL) subsidiary has received a letter of intent (LoI) from Maharashtra State Power Generation Co. Ltd (MAHAGENCO) to set up a 250 MW grid-connected solar photovoltaic power plant in Maharashtra, the company announced Monday.
TPSL won the project in tariff-based competitive bidding followed by an e-reverse auction conducted by MAHAGENCO. It quoted a tariff of INR 2.51 (U$0.033) per kWh in the procurement exercise that had a ceiling tariff set at INR 2.83/kWh ($0.038/kWh), valid for 25 years.
The project is to be located at the Dondaicha Solar Park in the Dhule district of Maharashtra, with the Maharashtra State Electricity Distribution Company Limited (MSEDCL) as the off-taker for the solar plant.
The project is scheduled for commissioning within 15 months from the date of PPA execution.
With this, the total renewable capacity of Tata Power will reach 4,611 MW comprising an installed capacity of 2,947 MW and 1,664 MW under implementation.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: email@example.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.