Tata Power Solar commissions 66 MW EPC project for Vibrant Energy
POWER & RENEWABLE ENERGY

Tata Power Solar commissions 66 MW EPC project for Vibrant Energy

Tata Power Company told the media that its wholly-owned subsidiary, Tata Power Solar Systems, commissioned a 66 megawatts (MW) engineering, procurement, and construction (EPC) project for Vibrant Energy.

The project will generate 110,029 units of energy yearly. The installation will lead to a decline in carbon emissions of up to 9 lakh tonnes. The project is spread over 191 acres including 1,27,268 solar modules and the project has been achieved within a record nine-month time.

CEO & MD of Tata Power, Dr Praveer Sinha, told the media that the company considers the commissioning of this big EPC project for Vibrant Energy to be a notable achievement since it demonstrates our best-in-class project implementation capabilities.

The Tata group company said that with the commissioning of this project, the firm's total utility-scale solar project portfolio reaches 9.7 GWp.

Vibrant Energy's mission is to lead the change of corporate & industrial (C&I) customers to a more resilient, sustainable, and low-cost energy future. The platform has been providing this mission via its extensive project portfolio of 859 MW Assets Under Management across the country. Vibrant Energy is an indirectly owned portfolio unit of Macquarie's Green Investment Group (GIG) working on a standalone basis.

Tata Power is one of India's biggest integrated power firms and together with its arms and jointly owned entities, has an installed and managed capacity of 13,635 MW. The firm has an existence across the full power value chain - generation, coal & freight, logistic, transmission & distribution, trading, and consumer-facing solar rooftop and electric vehicle charging companies.

Tata Power Company registered a 28% incline in net profit to Rs 503.11 crore on a 15.4% growth in net sales to Rs 11,959.96 crore in Q4 FY22 over Q4 FY21.

Image Source

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

Tata Power Company told the media that its wholly-owned subsidiary, Tata Power Solar Systems, commissioned a 66 megawatts (MW) engineering, procurement, and construction (EPC) project for Vibrant Energy. The project will generate 110,029 units of energy yearly. The installation will lead to a decline in carbon emissions of up to 9 lakh tonnes. The project is spread over 191 acres including 1,27,268 solar modules and the project has been achieved within a record nine-month time. CEO & MD of Tata Power, Dr Praveer Sinha, told the media that the company considers the commissioning of this big EPC project for Vibrant Energy to be a notable achievement since it demonstrates our best-in-class project implementation capabilities. The Tata group company said that with the commissioning of this project, the firm's total utility-scale solar project portfolio reaches 9.7 GWp. Vibrant Energy's mission is to lead the change of corporate & industrial (C&I) customers to a more resilient, sustainable, and low-cost energy future. The platform has been providing this mission via its extensive project portfolio of 859 MW Assets Under Management across the country. Vibrant Energy is an indirectly owned portfolio unit of Macquarie's Green Investment Group (GIG) working on a standalone basis. Tata Power is one of India's biggest integrated power firms and together with its arms and jointly owned entities, has an installed and managed capacity of 13,635 MW. The firm has an existence across the full power value chain - generation, coal & freight, logistic, transmission & distribution, trading, and consumer-facing solar rooftop and electric vehicle charging companies. Tata Power Company registered a 28% incline in net profit to Rs 503.11 crore on a 15.4% growth in net sales to Rs 11,959.96 crore in Q4 FY22 over Q4 FY21. Image Source Also read: Tata Power bags 300MW solar project worth Rs. 17.31 billion

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?