Tata Power subsidiary gets LoI for 250 MW solar plant in Maharashtra

21 Sep 2021 CW Team

On Monday, Tata Power told the media that its wholly-owned subsidiary TP Saurya has received a letter of intent (LoI) from the Maharashtra State Power Generation Corporation to build a 250 MW solar power plant.

According to the official press release, the plant will be located at the Dondaicha Solar Park in Maharashtra's Dhule District, and Maharashtra State Electricity Distribution Company has agreed to purchase power generated by the plant.

Praveer Sinha, chief executive officer and managing director, Tata Power told the media that the project will increase the share of renewable energy in Maharashtra's overall energy mix.

The project was awarded through a tariff-based competitive bidding process followed by an e-reverse auction, and it will be operational within 15 months of the power purchase agreement's execution, according to the company.

Tata Power Limited, a subsidiary of the Tata Group, is an Indian electric utility company based in Mumbai, Maharashtra. The company's main business is generating, transmitting, and distributing electricity. It has a total installed capacity of 10,577 MW, making it India's largest integrated power company.

Tata Power was ranked third in the 2017 Responsible Business Rankings developed by IIM Udaipur. Tata Power became the first Indian company to ship over 1 GW of solar modules in February 2017.

Tata Power Solar Systems Limited, formerly Tata BP Solar, is a solar energy services company based in India. Solar cells, solar modules, and other solar products are manufactured by the company, which also offers EPC services for solar power projects.

Image Source

Also read: Tata Power and Aljomaih win RUMSL's solar park auction

Real Estate

05 Dec 2025

RBI Rate Cut Boosts Confidence Across Housing Market

Industry Context and Market DynamicsThe real estate industry has welcomed the RBI’s rate cut as a timely boost to affordability and demand. With home prices having risen steadily across major markets, even a marginal reduction in interest rates meaningfully strengthens purchasing power, especially for first-time and mid-income buyers.Ashish Jerath, President – Sales & Marketing, Smartworld Developers, observes:“The RBI’s 25-basis-point cut, bringing the repo rate down to 5.25%, is a timely boost for the real estate sector. Lower interest rates reduce borrowing costs, enabling homeb..

BMC Resumes Rs 170 Billion Road Works, Targets 80 per cent By Jan 2026

Following the withdrawal of the southwest monsoon in October, the Brihanmumbai Municipal Corporation (BMC) has restarted work on 645 roads—covering 297.49 kilometres—under its large-scale concretisation programme. Data shows that more than 60 per cent of the resumed works are located in the western suburbs. Officials said the civic body aims to complete concretisation on 80 per cent of the roads where fresh work has begun by January 2026. Launched in 2022, the Rs 170 billion project seeks to concretise 700 kilometres of roads across Mumbai. All civil works were halted during the monsoon ..

India Pushes Digital Shift In Urban Land Mapping

The Department of Land Resources (DoLR) under the Ministry of Rural Development has convened a National Symposium on NAKSHA – the National Geospatial Knowledge-based Land Survey of Urban Habitations – to advance India’s transition to modern, technology-driven land mapping. Speaking at the inaugural session, Secretary Manoj Joshi underscored the urgent need to move revenue departments away from outdated, tape-based methods and rough hand-drawn sketches. He stressed that adopting latitude–longitude-based digital mapping and GIS-linked registration systems is essential for economic stabi..