Tata Power Solar Bags Rs 460 Cr Ground Mounted PV Project for GSECL
Utility giant Tata Power’s renewable energy arm Tata Power Solar has received the Letter of Award (LoA) to build 95 MW of ground mounted Solar PV project worth approximately Rs 460 crore (or USD63 Million) for Gujarat State Electricity Corporation Ltd (GSECL).
Further, the commercial operation date for this project is expected to be April 2022.
Commenting on the achievement, Praveer Sinha, CEO & MD of Tata Power said that, “we are glad to announce this new win of large grid-based solar EPC contract from GSECL, a leading public sector undertaking. We have been progressively growing our portfolio to be the partner of choice for grid-scale solar projects. These orders are a motivation for us to continue focusing on delivering the best to our customers and live up to their expectations.”
With this addition, the order pipeline of Tata Power Solar Systems Ltd (TPSSL) stood at approx 4.2 GWp with an approx value of Rs 12,500 crore, thereby cementing its position as India’s leading Solar EPC player for seventh year in a row among utility scale.
The company specialized in providing comprehensive EPC solutions and also manufactures high efficiency PV modules.
The company offered a range of indigenous solar rooftop EPC solutions to its customers which have helped them to transform their businesses into a sustainable and environmentally responsible organisation, enabling them to reduce their energy costs through the installation of cost-effective renewable technologies.
Earlier, the company had successfully implemented large projects such as 150 MW Ayana at Ananthapur, 50 MW Kasargod at Kerala, 56MW Greenko, 30MWp Solar Power Plant in Lapanga, Odisha, 105MWp of floating solar at Kayamkulam (under implementation). It has also won an auction conducted by Gujarat for 400 MW of projects to be built at Dholera solar Park.
Source: Energetica india