Tata Power Solar Bags 300 MW Solar Project Worth ₹17.5 Billion from NLC

The project is slated to be commissioned in Rajasthan by September 2024

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Tata Power Solar Systems (TPSSL), a wholly owned subsidiary of Tata Power, has been awarded an engineering, procurement, and construction (EPC) contract for a 300 MW domestic content requirement-based solar project by NLC India.

The project involves an investment of ₹17.5 billion (~$213.3 million).

This project, part of the Central Public Sector Undertaking Program, will be located at Barsingar in the Bikaner District of Rajasthan. It is expected to generate over 750 million units of clean energy annually and is estimated to offset CO2 emissions by approximately 600,000 tons annually.

TPSSL was also awarded a three-year operation and maintenance contract for the project after the commercial operation declaration. NLC India floated the tender last October.

TPSSL is required to complete the project within 18 months of receiving the work order. TPSSL will execute the project end-to-end, from design to commissioning, including the evacuation system up to the delivery point at the 220 kV side of the pooling substation.

The company has a manufacturing unit in Bangalore with a production capacity of 670 MW of modules and 530 MW of cells.

It has a diverse portfolio of solar power projects, including more than 11.5 GW of ground-mount utility-scale projects, over 1.3 GW of rooftop and distributed ground-mounted systems, and over 95,000 solar water pumps installed across India to date. TPSSL’s total order book is approximately ₹170 billion (~$2.06 billion).

Tata Power is set to receive ₹3.8 billion (~$46 million) for manufacturing 4 GW of modules under the second tranche of the performance-linked incentive program to manufacture an overall capacity of 39.6 GW solar modules. The company had bid to set up a facility integrating cell and module manufacturing.

Last May, SJVN awarded an EPC contract for its 1 GW solar project in Bikaner, Rajasthan, to Tata Power Solar Systems. The project is being developed at an estimated cost of ₹54.91 billion (~$667.7 million), making it India’s biggest solar EPC contract. The project is scheduled to be completed by May 2024.

Last June, TPSSL commissioned a 70 MW floating solar photovoltaic project for NTPC in Kayamkulam as part of NTPC’s larger 92 MW floating solar project across a 350-acre area in the backwaters of Kerala.

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