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Tata Power Solar Systems gets 125 MWp solar power project from NHDC

For the construction of a 125MWp floating solar project in Madhya Pradesh, NHDC has awarded a letter of award for Rs596 crore to Tata Power Solar Systems Ltd (TPSSL)

September 14, 2022 2:24 IST | India Infoline News Service
For the construction of a 125MWp floating solar project in Madhya Pradesh, Tata Power Solar Systems Ltd (TPSSL) has been awarded a letter of award from NHDC for Rs596 crore. According to a statement released by Tata Power Company Ltd. on Wednesday, the state-owned hydropower juggernaut NHPC and the Madhya Pradesh government jointly operate NHDC.

The Omkareshwar reservoir project, which would be located in Madhya Pradesh's Khandwa district, was the subject of an early-year NHDC invitation for bids. Competitive tariff-based bidding was used to choose the LoA. The project will be put into operation within 13 months of the letter of award's (LoA) date, and it will supply MP Electricity Management Company with sustainable power.
The company's portfolio of utility-scale solar project wins now totals 9.8 GWp. The overall order book for TPSSL as of this writing is $14,908 billion. Totally owned by Tata Power Renewable Energy Ltd., TPSSL is a solar EPC firm (TPREL). A 93.94% share in TPREL is owned by Tata Power.

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