Tata Power bags 300MW solar project worth Rs. 17.31 billion

Tata Power in a regulatory filing has reportedly said that its wholly-owned subsidiary Tata Power Solar Systems has won an order to build a 300 MW solar project for state-owned utility major NHPC at an all-inclusive price of Rs. 17.31 billion. The project site is located in Rajasthan and will be developed under the CPSU scheme of IREDA. The project has been slated to be completed in 18 months. It will reduce around 6,36,960 carbon emissions and is expected to generate approximately 750 million units annually. For project installation, cells and modules made in India will be used.