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Tata Power Renewable Energy bags 200 MW FDRE project

Power Generation  -  Nov 30,2023  - 

SJVN Ltd has awarded a 200 MW firm and dispatchable renewable energy (FDRE) project to Tata Power Renewable Energy Ltd. (TPREL).

According to a regulatory filing from Tata Power, FDRE offers continuous power supply and helps the discoms fulfill their energy storage obligation (ESO) and renewable procurement requirement (RPO).

The company said its subsidiary, "Tata Power Renewable Energy Limited (TPREL), has received a Letter of Award (LOA) for developing the 200 MW FDRE project with SJVN Ltd (SJVN)," the company said.

The company, however, did not disclose the financial details of the order.

SJVN is a public sector undertaking (PSU) involved in hydroelectric and renewable power generation and transmission and has been designated as the Renewable Energy Implementing Agency (REIA) by the Ministry of New & Renewable Energy (MNRE) for achieving the nation's target of achieving 500 GW by 2030.

Company : Tata Power Renewable Energy Limited (TPREL)