Tata Power Signs Rs 12 Billion PPA For 80 MW Green Project

07 Oct 2025 CW Team

The Rs 12 billion project will combine solar, wind, and battery storage systems to provide reliable renewable power during peak demand periods, strengthening grid stability and meeting the growing energy needs of Mumbai.

Scheduled for completion within 24 months, the facility is expected to generate around 315 million units (MUs) of clean electricity annually, offsetting over 0.25 million tonnes of carbon dioxide emissions each year. A key highlight is its commitment to a four-hour peak power supply window, ensuring at least 90 per cent availability during high-demand hours.

The project will also enable Tata Power Mumbai Distribution to meet its Renewable Purchase Obligation (RPO), as mandated by the State Regulatory Commission. Once operational, the clean power generated will feed directly into Tata Power’s Mumbai distribution network, supplying low-emission electricity to over 800,000 residential, commercial, and industrial consumers.

The company stated that this initiative further strengthens TPREL’s leadership in India’s renewable energy sector, reinforcing its focus on sustainability and innovation. With this addition, TPREL’s total renewable utility capacity now stands at 11.3 GW, which includes 9.4 GW under PPAs. Of this, 5.7 GW is under implementation, and 5.6 GW is operational—comprising 4.6 GW of solar and 1 GW of wind energy.

In addition, TPREL’s solar EPC portfolio exceeds 15.7 GWp of large-scale ground-mounted projects and over 3 GW of rooftop and distributed systems. The company aims to expand green energy access nationwide through integrated renewable solutions.

Parent company Tata Power remains India’s largest vertically integrated power utility, engaged in generation, transmission, and distribution. It has set a goal of producing electricity entirely through renewable sources and plans to install 100,000 EV charging stations by 2025.

In Q1 FY26, Tata Power reported a 6.2 per cent rise in consolidated net profit to Rs 12.62 billion, alongside a 4.3 per cent growth in revenue from operations to Rs 180.35 billion compared to the same quarter last year. Its stock rose 0.58 per cent, trading at Rs 391 on the BSE.

Tata Power Company announced that its renewable arm, Tata Power Renewable Energy Limited (TPREL), has signed a Power Purchase Agreement (PPA) with Tata Power Mumbai Distribution for an 80 MW Firm and Dispatchable Renewable Energy (FDRE) project.The Rs 12 billion project will combine solar, wind, and battery storage systems to provide reliable renewable power during peak demand periods, strengthening grid stability and meeting the growing energy needs of Mumbai.Scheduled for completion within 24 months, the facility is expected to generate around 315 million units (MUs) of clean electricity annually, offsetting over 0.25 million tonnes of carbon dioxide emissions each year. A key highlight is its commitment to a four-hour peak power supply window, ensuring at least 90 per cent availability during high-demand hours.The project will also enable Tata Power Mumbai Distribution to meet its Renewable Purchase Obligation (RPO), as mandated by the State Regulatory Commission. Once operational, the clean power generated will feed directly into Tata Power’s Mumbai distribution network, supplying low-emission electricity to over 800,000 residential, commercial, and industrial consumers.The company stated that this initiative further strengthens TPREL’s leadership in India’s renewable energy sector, reinforcing its focus on sustainability and innovation. With this addition, TPREL’s total renewable utility capacity now stands at 11.3 GW, which includes 9.4 GW under PPAs. Of this, 5.7 GW is under implementation, and 5.6 GW is operational—comprising 4.6 GW of solar and 1 GW of wind energy.In addition, TPREL’s solar EPC portfolio exceeds 15.7 GWp of large-scale ground-mounted projects and over 3 GW of rooftop and distributed systems. The company aims to expand green energy access nationwide through integrated renewable solutions.Parent company Tata Power remains India’s largest vertically integrated power utility, engaged in generation, transmission, and distribution. It has set a goal of producing electricity entirely through renewable sources and plans to install 100,000 EV charging stations by 2025.In Q1 FY26, Tata Power reported a 6.2 per cent rise in consolidated net profit to Rs 12.62 billion, alongside a 4.3 per cent growth in revenue from operations to Rs 180.35 billion compared to the same quarter last year. Its stock rose 0.58 per cent, trading at Rs 391 on the BSE.

Real Estate

02 Jun 2026

Dash Square Adds Ashley Study Furniture

Dash Square has expanded its furniture portfolio with a curated study furniture collection from Ashley Furniture Homestore. The range is designed for contemporary homes where work, study and creative activities increasingly require dedicated and well-planned spaces.The collection includes writing desks, executive workstations, storage-led study units and display shelving. It combines practicality, comfort and design to create workspaces that are functional as well as visually appealing.One setting features a light-toned desk with coordinated bookcases and storage cabinets, creating a bright an..

Real Estate

02 Jun 2026

Suraj Estate Arm Acquires Mahim Land Rights

Suraj Estate Developers, through its wholly owned subsidiary Iconic Property Developers, has signed an MoU to acquire development rights for a land parcel in Mahim (West), Mumbai, for Rs 75 crore. The plot measures around 2,941 sq m and is located next to the company’s ongoing commercial project, Suraj One Business Bay.After amalgamation with the existing commercial development, the land is expected to generate additional saleable carpet area of around 1.50 lakh sq ft, with an estimated gross development value of Rs 800 crore. The project is expected to strengthen the company’s near-to-med..

Infrastructure Urban

02 Jun 2026

AGNI Launches Industry Benchmarking Drive

The Association of Global NICMARians (AGNI), the alumni body of NICMAR, hosted ASPIRE 2026 in Mumbai under the theme ‘Innovation to Transformation’. The symposium brought together professionals from construction, infrastructure, real estate and project management to discuss technology, AI, sustainability and data-led decision-making.At the event, AGNI announced its vision to emerge as an industry think tank and launched initiatives including an Industry Benchmarking Programme. It also proposed a digital ecosystem with tools for innovation impact assessment, salary benchmarking, company ben..