Tata Power Renewable Energy (TPREL) has received a letter of award (LoA) to develop a 200 MW firm and dispatchable renewable energy (FDRE) project with SJVN. The project is likely to be commissioned within 24 months from the power purchase agreements (PPA) execution date.

With the aim to meet the 200 MW FDRE requirement, the plant has been sized with a hybrid combination of solar, wind, and battery storage of appropriate capacities. This would ensure the energy generated by the plant is dispatched as and when needed by distribution companies (discoms) during peak hours, providing stability to the grid. The installation will offset approx. nine lakh tonne of CO2 emissions annually.

FDRE provides a round-the-clock power supply and supports the discoms in meeting Renewable Purchase Obligation (RPO) and Energy Storage Obligation (ESO). This is the first FDRE power tender secured by TPREL, showcasing its commitment to providing sustainable energy solutions. The tender includes a greenshoe option, allowing for additional capacity beyond the initial 200 MW.

This strategic collaboration with SJVN marks a significant milestone in TPREL’s journey to expand its portfolio and contribute to the nation's sustainable energy goals. SJVN, a public sector undertaking (PSU) involved in hydroelectric and renewable power generation and transmission, has been designated as the Renewable Energy Implementing Agency (REIA) by the Ministry of New and Renewable Energy (MNRE) to achieve India's target to reach 500 GW by 2030.

With this, the total renewables capacity of TPREL has now reached 8,314 MW, which comprises 4,100 MW of projects in various phases of development and an operating capacity of 4,214 MW, including 3,200 MW in solar projects and 1,014 MW in wind projects.