Tata Power : TP Saurya Limited Commissions 200 MW Solar Project in Bikaner, Rajasthan

Project in Bikaner, Rajasthan

• • Project to be integrated into the Central Transmission Utility Bus to ensure the distribution of clean energy across the region

• • To generate 485 million units of clean energy and offset over 3,88,000 tonnes of carbon footprints annually

National, 1st April'24: TP Saurya Limited (TPSL), a subsidiary of Tata Power Renewable Energy Limited (TPREL or the Company), proudly announces the successful commissioning of a 200MW solar project located in Bikaner, Rajasthan, for Tata Power Trading Company Limited (TPTCL).

Expected to generate an impressive 485 Million Units of energy annually, the project aligns with the Company's mission to drive substantial contributions to India's renewable energy capacity. Furthermore, the project will be seamlessly integrated into the Central Transmission Utility (CTU) Bus, ensuring efficient distribution of clean energy across the region.

The endeavour marks a significant milestone in the renewable energy landscape, highlighting TPREL's unwavering commitment to sustainable energy solutions. Despite encountering numerous challenges, including adverse weather conditions with temperatures soaring to 50+ degrees Celsius, extreme cold winters, sandstorms, and geopolitical hurdles, the project was completed within the designated timeline.

This achievement is a testament to the exceptional project execution and engineering expertise demonstrated by the TPREL team.

In addition to its significant energy output, the initiative is poised to make a remarkable impact on environmental sustainability, with an estimated annual decrease of 3,88,000 tonnes carbon footprint. Additionally, the project involved the installation of approximately 5,23,365 modules. TPREL remains dedicated to pioneering innovative renewable energy projects and looks forward to continuing its journey towards a cleaner, greener future for India and beyond.

With the addition, the total renewables capacity of TPREL reached 9,018 MW (PPA capacity is 7,632 MW) including 4,547 MW projects under various stages of implementation and its operational capacity is 4,471 MW, which includes 3,444 MW solar and 1,027 MW wind.

About Tata Power Renewable Energy Limited:

Tata Power Renewable Energy Limited (TPREL) is a subsidiary of The Tata Power Company Limited and is one of the country's most significant renewable energy players. TPREL is a developer of renewable energy projects (including solar, wind, hybrid, round-the-clock (RTC), peak, floating solar, and storage systems including battery storage) that it owns, operates, and maintains. It also offers comprehensive green energy solutions for rural and urban areas like turnkey, EPC and O&M solutions for various business segments like utility-scale projects, solar rooftop, and solar pump systems. Along with its extensive portfolio of renewable solutions, it has a state-of-the-art solar cell and module manufacturing plant of 530 MW solar cells and 682 MW modules in Bengaluru and plans to set up a Greenfield 4.3 GW solar cell & solar module plant in Tamil Nadu. In addition, TPREL also provides electric vehicle (EV) charging solutions across various segments and other advisory solutions across the renewable sector. As on date, TPREL's total renewable utility capacity is 9,018 MW (PPA capacity is 7,632 MW) including 4,547 MW projects under various stages of implementation and its operational capacity is 4,471 MW, which includes 3,444 MW solar and 1,027 MW wind. Presently, the company's solar EPC portfolio is more than 12.8 GWp of ground-mount utility-scale, over 2 GW of rooftop and distributed ground-mounted systems, and over 1,00,000 solar water pumps. TPREL aims to provide energy access to millions of people across the country via its integrated green energy solutions. Know more:www.tatapowersolar.com

About Tata Power:

Tata Power is a leading integrated power company and a part of Tata Group, India's largest multi-national business conglomerate. The company has a diversified portfolio of 14,464 MW, spanning across the entire power value chain - from renewable and conventional energy generation to transmission & distribution, trading, storage solutions and solar cells and module manufacturing. As a pioneer of clean energy transition in India, Tata Power has 5,593 MW of clean energy generation, which constitutes 39% of its total capacity. The company has also committed to achieve carbon neutrality before 2045.Tata Power has established India's most comprehensive clean energy platform, with offerings such as rooftop solar, microgrids, storage solutions, EV charging infrastructure, home automation et al. The company has also attracted global investors to support its growth and vision. Tata Power has successfully partnered with public and private entities in generation, transmission & distribution sectors in India, serving approx.13 million customers across the country. To know more about Tata Power, visitwww.tatapower.com

Disclaimer:

The following press release/announcement may contain forward-looking statements within the meaning of applicable securities laws and regulations. These statements are based on management's current views, expectations, assumptions, and projections regarding the Company's future performance, business plans, growth prospects, competitive and regulatory environment, and other related matters. Such forward-looking statements are subject to various risks and uncertainties, which may cause actual results to differ materially from those expressed or implied in the statements. Factors that could cause actual results to differ materially from those contemplated in the forward-looking statements are not limited to changes in economic conditions affecting demand/supply and price conditions in the domestic and overseas markets in which the Company operates, alterations in the business environment, fluctuations in Government regulations, laws, statutes, judicial pronouncements, and other incidental factors. The Company does not undertake any obligation to publicly update or revise any forward-looking statements based on subsequent events, information, or developments, except as required by applicable laws and regulations.

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Tata Power Company Limited published this content on 01 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 April 2024 10:03:02 UTC.