Tata Power Renewable Energy has commissioned 100 MW (50 MW x 2) solar capacity at Anthapuramu Solar Park, Andhra Pradesh.
The operating renewable capacity of Tata Power Renewable Energy reached 2,215 MW in India.
Tata Power Renewable Energy has already signed a 25-year power purchase agreement with Solar Energy Corporation of India (SECI) for the sale of power from this solar plant.
This is part of the implementation of the MNRE scheme for developing grid connected solar power capacity of Jawaharlal Nehru National Solar Mission (JNNSM) Phase II, Batch-III of the Government of India through Viability Gap Funding (VGF) Mode.
“Tata Power is focused to proliferate the group’s renewable energy portfolio and we plan to add around 1,000 MW renewable energy capacity to our portfolio every year, scaling it to 45 to 50 per cent in the next five years, largely through organic growth,” said Praveer Sinha, CEO and managing director of Tata Power.
The commissioning of the 100 MW capacity in Anthapuramu has fortified the company’s position as a leading renewable energy company in the country with a presence in solar power generation, Ashish Khanna, president-Renewables, Tata Power said.
The company has organically added 159 MW wind and solar capacity in FY17 along with the acquisition of Welspun Renewables Energy last year.