Tata Power has received a Letter of Award from Gujarat Urja Vikas Nigam Limited (GUVNL) on 07th Nov 2019 to develop a 50 MW solar project in Dholera Solar Park of Gujarat. This LOA is in addition to the 250 MW Solar Project being set up by the Company at Dholera Solar Park.
The energy will be supplied to GUVNL under a Power Purchase Agreements (PPA), valid for a period of 25 years from scheduled commercial operation date. The company has won this capacity in a bid announced by GUVNL in June 2019. The project has to be commissioned within 15 months from the date of execution of the PPA.
The plant is expected to generate 118 MUs of energy per year and will annually offset approximately 118 Million Kg of CO2.
Country updates
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November 12, 2019
Gujarat government approves development of CNG terminal in Bhavnagar
The Gujarat Government has given its approval to Foresight and Padmanabh Mafatlal group's proposal to develop a compressed natural gas (CNG) port terminal at Bhavnagar port. The joint venture will inv...
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November 08, 2019
Inox Wind secures contract for 38 MW onshore wind farm in Anjar
Inox Wind has bagged an order for a 38 MW wind power project to be developed at Anjar in the State of Gujarat from ReNew Power under the SECI - 2 regime. The order involves the supply of 19 units of...
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October 24, 2019
India divests 53.29% stake in Bharat Petroleum (BPCL) in privatization drive
The Government of India is looking for interested bidders to acquire the 53.29% stake it is divesting in the privatization of the state-owned oil and gas company, Bharat Petroleum (BPCL).&nb...
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October 22, 2019
World´s largest floating solar to be developed in India
In a bid to produce green energy, the government of the Indian state of Madhya Pradesh is planning to develop a 1,000 MW floating solar power plant on the Indira Sagar Dam in the municipality of Mundi...
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October 21, 2019
Statkraft leads bid for Continuum Wind Energy Ltd
Statkraft AS has been leading the race to acquire Continuum Wind Energy Ltd in India. Statkraft is now the only contender to acquire Continuum Wind, a wind energy platform owned by Morgan Stanley Inf...
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