Tata Power Solar Systems Limited (Tata Power Solar), India’s largest integrated solar company and a wholly-owned subsidiary of Tata Power, announced it has received the Letter of Award to build the 300 MW CPSU-II for NTPC at an all inclusive price of ₹ 1,730.16 crore.
The Commercial Operation Date (COD) for this grid-connected solar photovoltaic project is set for September 2021 (18 months).
“It is projects like these which demonstrate the trust in Tata Power’s project management and execution skills. This order is a motivation for us to continue focusing on delivering the best to our customers, as per their expectations,” said Praveer Sinha, CEO & MD, Tata Power.
Ashish Khanna, MD & CEO, Tata Power Solar and President, Tata Power (Renewables), said, “Tata Power Solar is proud to consistently win large and challenging grid-based solar EPC contracts from industry-leading public sector undertaking like NTPC. This being a DCR project, we will be building the project with our own cells and modules.”
In September 2019, post reverse auction, Tata Power Solar had received a Letter of Award to develop a 105MWp Floating Solar Project worth approx. ₹ 343 crore including 3 years O&M. This project is one of the most prominent floating solar projects in the country. This venture is executed on the reservoir of NTPC Kayamkulam District in Alappuzha, Kerala and is to be commissioned no later than 21 months.
Tata power solar is India’s largest integrated solar company committed to enabling solar everywhere. Headquartered in Bangalore, Tata Power Solar operates in three distinct segments – cutting-edge manufacturing, EPC services and creating innovative solar products. Tata Power is serving more than 2.6 million distribution consumers in India and has developed the country’s first 4000 MW Ultra Mega Power Project at Mundra (Gujarat) based on super-critical technology.
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.