National, March 29, 2023: Tata Power Solar Systems Limited (TPSSL), one of India’s largest integrated solar companies and a wholly owned subsidiary of the Company has received the Letter of Award (LoA) of ₹ 1,755 crore for setting up a 300 MW Domestic Content Requirement (DCR) based EPC project for NLC India Limited (NLCIL), formerly called Neyveli Lignite Corporation Limited, as part of the CPSU scheme.
The project, located at Barsingar in Bikaner District, Rajasthan, is expected to generate more than 750 Mn. units and reduce 6 lakh tons of CO2 annually.
NLCIL has been a forerunner amongst the Public Sector Enterprises in the energy sector, with large scale lignite production and significant share in thermal and renewable power generation.
TPSSL will also do the operation and maintenance of the project for 3 years after the commercial operation declaration (COD). The LoA for the project was awarded through competitive bidding. The project will get commissioned within 18 months from the date of receiving of LoA. TPSSL will handle the complete project execution from designing to commissioning and the evacuation system up to delivery point (220KV side of pooling Sub-station).
This win not only reinforces TPSSL’s leadership position in the execution of large solar projects but also establishes it as a preferred partner for driving the green energy transition in the country.
TPSSL has commissioned some of the most significant EPC and large-scale solar projects in the country. TPSSL is a trailblazer in developing and setting up customized renewable projects and with this win, its total portfolio will touch 11.5GWp. As on date, TPSSL’s total order book stands at about ₹ 17,000 crore.
About Tata Power:
Tata Power (NSE: TATAPOWER) is one of India’s largest integrated power companies and together with its subsidiaries and jointly controlled entities, has an installed / managed capacity of 14101 MW. The Company has a presence across the entire power value chain – generation of renewable as well as conventional power including hydro and thermal energy, transmission & distribution and trading.
The Company had developed the country’s first Ultra Mega Power Project at Mundra (Gujarat) based on super-critical technology. With 5241 MW of clean energy generation from solar, wind, hydro, and waste heat recovery accounting for 37% of the overall portfolio, the company is a leader in clean energy generation.
It has successful public-private partnerships in generation, transmission & distribution in India viz: Powerlinks Transmission Ltd. with Power Grid Corporation of India Ltd. for evacuation of Power from Tala hydro plant in Bhutan to Delhi, Maithon Power Ltd. with Damodar Valley Corporation for a 1,050 MW Mega Power Project at Jharkhand.
Tata Power is currently serving more than 12 million consumers via its Discoms, under public-private partnership model viz Tata Power Delhi Distribution Ltd. with Government of Delhi in North Delhi, TP Northern Odisha Distribution Limited, TP Central Odisha Distribution Limited, TP Western Odisha Distribution Limited, and TP Southern Odisha Distribution Limited with Government of Odisha.
With a focus on sustainable and clean energy development, Tata Power is steering the transformation as an integrated solutions providers by looking at new business growth in distributed generation through rooftop solar and microgrids, storage solutions, EV charging infrastructure, ESCO, home automation & smart meters et al.
With its 107 years track record of technology advancements, project execution excellence, world-class safety processes, customer care and green initiatives, Tata Power is well poised for multi-fold growth and is committed to lighting up lives for generations to come. For more information visit us at: www.tatapower.com