Juniper Green Energy, Tata Power sign PPA for 85 MW hybrid project in Maharashtra 
Corporate Watch

Juniper Green Energy, Tata Power sign PPA for 85 MW hybrid project in Maharashtra

Juniper Green Energy on Tuesday said it has signed an agreement with Tata Power for the development of an 85 Megawatt hybrid power project in Maharashtra

PTI

New Delhi: Juniper Green Energy on Tuesday said it has signed an agreement with Tata Power for the development of an 85-megawatt hybrid power project in Maharashtra.

"The project is the first wind-solar energy project for the company. It will utilize both wind and solar resources by combining 51 MW of wind energy and 34 MW of solar power," Juniper Green Energy said in a statement.

PSU Watch is now on Whatsapp Channels. Click here to join

The power purchase agreement (PPA) with Tata Power is for the development of an 85 MW hybrid power project in Maharashtra, the company said.

The project is expected to generate a total of 215 million units (MUs) of electricity per year, and contribute to the electrification of about 42,753 households.

Juniper Green Energy is an independent renewable energy power producer and operator of solar, wind and hybrid power projects.

The company is part of the AT Group, which has an asset portfolio of about USD 2.5 billion with global investments in renewable energy, residential and commercial real estate, hospitality, etc.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Finance Ministry holds meeting with heads of state-owned banks; reviews Q1 financial performance

States favour Centre's proposal to exempt GST on individual life, health insurance policies

RailTel reports net profit of Rs 300 crore for FY'25

Centre to build consensus with states in coming weeks on GST reforms: Sitharaman

Economy presents picture of strength: RBI Governor at MPC