Tata Power Solar bags Rs. 1,755 Cr order; to set up 300 MW solar project in Rajasthan
Tata Power Solar Systems Limited (TPSSL), a wholly owned subsidiary of Tata Power, has received the Letter of Award (LoA) of Rs. 1,755 crore for setting up a 300 MW Domestic Content Requirement (DCR) based EPC project for NLC India Limited (NLCIL), formerly called Neyveli Lignite Corporation Limited, as part of the CPSU scheme.
The project, located at Barsingar in Bikaner District, Rajasthan, is expected to generate more than 750 Mn. units and reduce 6 lakh tons of CO2 annually.
NLCIL has been a forerunner amongst the Public Sector Enterprises in the energy sector, with large scale lignite production and significant share in thermal and renewable power generation.
TPSSL will also do the operation and maintenance of the project for 3 years after the commercial operation declaration (COD). The LoA for the project was awarded through competitive bidding. The project will get commissioned within 18 months from the date of receiving of LoA. TPSSL will handle the complete project execution from designing to commissioning and the evacuation system up to delivery point (220KV side of pooling Sub-station).
With this win, TPSSL’s total portfolio to touch 11.5GWp. As on date, TPSSL’s total order book stands at about Rs. 17,000 crore, the company said in a statement.
