Tata Power Renewable Energy inks pact with SJVN

NEW DELHI: Tata Power Renewable Energy Ltd (TPREL) has joined hands with SJVN Ltd, a state-owned enterprise, to establish a 460 MW Firm and Dispatchable Renewable Energy (FDRE) project that will provide continuous power supply.
This project which will be established integrating solar, wind, and storage technologies will help power distribution companies (discoms) meet their Renewable Purchase Obligations (RPOs) and Energy Storage Obligations (ESOs).
"The plant, designed to meet the 460 MW FDRE requirement, integrates solar, wind, and battery storage technologies to ensure efficient energy dispatch during peak hours, thereby stabilizing the grid," TPREL said.
The plant is projected to generate around 3,000 million units (MUs) of power annually and reduce CO2 emissions by 2,200 million kgs per year, as per a statement by TPREL.
Deepesh Nanda, CEO and Managing Director of Tata Power Renewable Energy Ltd, said, "This partnership with SJVN Ltd will witness the deployment of sustainable energy solutions from TPREL. It will go a long way in meeting the green energy objectives of SJVN Ltd."
TPREL's total renewables capacity, with this new project has increased to 9,421 MW (PPA capacity is 7,978 MW), which includes 4,906 MW of projects in various stages of development.
The company's operational capacity has reached 4,515 MW, comprising 3,485 MW of solar power and 1,030 MW of wind power.