Tata Power Wins 400 MW Hybrid Project
POWER & RENEWABLE ENERGY

Tata Power Wins 400 MW Hybrid Project

Tata Power Renewable Energy (TPREL) has secured a contract to develop a 400 MW wind-solar hybrid project for the Maharashtra State Electricity Distribution Company (MSEDCL). This initiative represents TPREL’s largest renewable energy project in Maharashtra, comprising an initial contracted capacity of 200 MW, along with a greenshoe option for an additional 200 MW.

The hybrid power project is set to be completed within 24 months following the signing of the power purchase agreement between TPREL and MSEDCL. Once operational, the generated electricity will directly supply MSEDCL, contributing to the state's Renewable Purchase Obligation targets and strengthening its renewable energy portfolio.

With this new addition, TPREL's total renewable energy capacity reaches 10.5 GW, including an operational capacity of 4.8 GW. This comprises 3.8 GW from solar and 1 GW from wind energy projects. TPREL also boasts a solar EPC portfolio exceeding 15 GW in ground-mounted utility-scale projects and over 2 GW in rooftop and distributed ground-mounted systems.

Recently, TPREL was recognized as one of the winners in REMC Limited’s auction for supplying 750 MW of round-the-clock power from grid-connected renewable sources for 25 years, with a winning bid of ?4.43 (~$0.053)/kWh for 50 MW.

Earlier this month, the Delhi Electricity Regulatory Commission approved TPREL's request to extend the scheduled commercial operation date for its 510 MW wind-solar hybrid project in Karnataka. Additionally, TP Solar, a subsidiary of TPREL, commenced commercial production at its 2 GW solar cell line in Tirunelveli, Tamil Nadu, aimed at meeting the growing demand for domestically produced solar components. The company also operates a solar manufacturing plant in Bengaluru, with capacities of 530 MW for solar cells and 682 MW for modules.

Tata Power Renewable Energy (TPREL) has secured a contract to develop a 400 MW wind-solar hybrid project for the Maharashtra State Electricity Distribution Company (MSEDCL). This initiative represents TPREL’s largest renewable energy project in Maharashtra, comprising an initial contracted capacity of 200 MW, along with a greenshoe option for an additional 200 MW. The hybrid power project is set to be completed within 24 months following the signing of the power purchase agreement between TPREL and MSEDCL. Once operational, the generated electricity will directly supply MSEDCL, contributing to the state's Renewable Purchase Obligation targets and strengthening its renewable energy portfolio. With this new addition, TPREL's total renewable energy capacity reaches 10.5 GW, including an operational capacity of 4.8 GW. This comprises 3.8 GW from solar and 1 GW from wind energy projects. TPREL also boasts a solar EPC portfolio exceeding 15 GW in ground-mounted utility-scale projects and over 2 GW in rooftop and distributed ground-mounted systems. Recently, TPREL was recognized as one of the winners in REMC Limited’s auction for supplying 750 MW of round-the-clock power from grid-connected renewable sources for 25 years, with a winning bid of ?4.43 (~$0.053)/kWh for 50 MW. Earlier this month, the Delhi Electricity Regulatory Commission approved TPREL's request to extend the scheduled commercial operation date for its 510 MW wind-solar hybrid project in Karnataka. Additionally, TP Solar, a subsidiary of TPREL, commenced commercial production at its 2 GW solar cell line in Tirunelveli, Tamil Nadu, aimed at meeting the growing demand for domestically produced solar components. The company also operates a solar manufacturing plant in Bengaluru, with capacities of 530 MW for solar cells and 682 MW for modules.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement