Tata Power said that its subsidiary Tata Power Renewable Energy (TPREL) has commissioned two solar facilities in the Ananthapuramu Solar Park with a combined capacity of 100MW in the southern Indian state of Andhra Pradesh. The two new solar facilities of the Ananthapuramu Solar Park, each of 50MW capacity are backed by a 25-year power purchase agreement with Solar Energy Corporation of India (SECI).The grid-connected solar plants were developed under the Jawaharlal Nehru National Solar Mission (JNNSM) Phase II, Batch-III and implemented through Viability Gap Funding (VGF) Mode.Tata Power renewable president Ashish Khanna said: “The commissioning of 100 MW capacity in Anthapuramu has fortified our position as a leading renewable energy company in the country with a strong presence in solar power generation.
“We will continue to seek potential of sustainable growth in India and selected International geographies.”
With the commissioning of the 100MW solar plants in the Ananthapuramu Solar Park, TPREL has expanded its overall operating renewable capacity to 2,215MW in India.Tata Power CEO and managing director Praveer Sinha said: “Renewable energy is the future for ‘New India’ and will play a big role in providing the country “24X7 Power for All by 2019”. For atropical country like India, solar energy has the highest potential.
“Tata Power is focused to constantly proliferate the group’s renewable energy portfolio and we plan to add around 1000 MW renewable energy capacity to our portfolio every year, scaling it to 45-50% in the next five years, largely through organic growth.”