PSU Watch logo

| HPCL partners with ICICI Bank for fuel payments |   | ONGC’s second well in KG-DWN-98/2 block has started production: CMD |   | India, Australia hold first Joint Working Group meet on coal, mines |   | NBCC secures biggest-ever overseas project in Maldives |   | THDC's Tehri Dam achieves full potential of 830m capacity |  

Tata Power wins Rs 400-cr contract from KSEBL for 84 MW solar rooftop project

Tata Power has been empanelled and won a contract worth Rs 400 crore from the KSEBL for the development of 84 MW of solar rooftop projects for domestic consumers across the state

Tata Power wins Rs 400-cr contract from KSEBL for 84 MW solar rooftop project
Tata Power wins Rs 400-cr contract from KSEBL for 84 MW solar rooftop project
  • The project has to be commissioned within three months of receipt of an order from individual residential customers, said Tata Power
  • Upon completion of this 84 MW of solar rooftop project, it is expected to generate 120 MUs of energy per year

New Delhi: Tata Power has been empanelled and won a contract worth Rs 400 crore from the Kerala State Electricity Board Limited (KSEBL) for the development of 84 MW of solar rooftop projects for domestic consumers across all districts of Kerala, the company said in an official statement for on Friday. “As a part of this agreement, the company will implement projects through KSEBL of 64 MW for individual households with solar capacity ranging from 3kW-10kW and 20MW for residential / housing society projects with solar capacity ranging from 11kW-100kW,” said Tata Power.

Rooftop solar project to be completed within 3 months of order receipt: Tata Power

The company has won this capacity on July 2 for a bid announced by KSEBL in Feb 2021 under the ‘Soura Subsidy Scheme in Domestic Sector,’ Kerala, in line with the Phase II subsidy programme of the Ministry of New & Renewable Energy (MNRE). The project has to be commissioned within three months of receipt of an order from individual residential customers. The company had earlier received a Letter of Award (LoA) from KSEBL on January 6 to develop a 110 MW rooftop solar project which is expected to generate about 274 MUs of energy per year.

ALSO READ

1. BHEL bags order worth Rs 1,405 crore for nuclear steam generators from NPCIL

2. BCD, rise in module prices drive solar tariffs up by 21.6% in MSEDCL 500 MW auction

84 MW rooftop solar project will generate 120 MU of energy per year

Upon completion of this 84 MW of solar rooftop project, it is expected to generate 120 MUs of energy per year and will annually offset approximately 100 Million Kg of CO2, said the statement. 

“We are delighted to secure the 84MW rooftop project from KSEBL and are proud to have this opportunity to support domestic consumers migrate to Green Energy. This project is testament to KSEBL’s trust in our commitment to drive India’s transition towards Clean Power through rooftop solarbased generation,” said Dr Praveer Sinha, CEO & MD, Tata Power.

(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.)