India’s Tata Power Renewable Energy Limited (TPREL) has secured an assignment to build and operate a 43.75-MW captive solar plant in the Indian state of Maharashtra.
The company said on Friday that it has signed a power delivery agreement (PDA) with Indian steel products manufacturer Mukand Limited, a member of the Mumbai-based conglomerate Bajaj Group. The PDA will support the installation of the solar plant in Jamkhed, Maharashtra.
The goal of the project is to help meet Mukand Limited’s growing electricity needs and promote green steel making. The scope of TPREL’s contract includes construction, operation and maintenance of the solar plant, the renewables company said.
Commissioning is expected to take place by March 2024.
At present, TPREL operates 4,191 MW of installed capacity, distributed between 3,185 MW of solar and 1,006 MW of wind power. With the latest projects, the company’s portfolio of projects under various stages of implementation has reached 3,755 MW.