iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Tata Power RE plans to set up 12.5 MW captive solar plant in Maharashtra

17 Oct 2023 , 10:54 AM

Tata Power Renewable Energy Ltd (TPREL) said on Monday that it has agreed to establish a 12.5 MW captive solar project in Maharashtra with Endurance Technologies Ltd.

TPREL stated in a statement that it has already signed a Power Delivery Agreement (PDA) with Endurance Technologies Ltd through a Special Purpose Vehicle (SPV) TP Green Nature Ltd in this respect.

The plant, which is to be built in Aachegaon, Maharashtra, would generate 27.5 million units (MUs) of energy per year.

This will assist Endurance Technologies in lowering its carbon footprint and eliminate about 9,125 Metric Tonnes (MT) of carbon emissions annually, according to the company.

The company expects to complete the project within a period of 12 months of the signing of the PDA. 

With the projected captive solar power facility, TPREL, a subsidiary of Tata Power, has a total renewable energy portfolio capacity of 7,889 MW.

The company’s operational capacity is 4,188 MW, which includes 3,185 MW of solar energy and 1,003 MW of wind energy.

 

For feedback and suggestions, write to us at editorial@iifl.com

 

Tata Power RE plans to set up 12.5 MW captive solar plant in Maharashtra

Related Tags

  • Maharashtra
  • solar plants
  • Tata Power
  • Tata Power news
  • Tata Power RE
  • Tata Power Updates
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Securities Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.