Tata Power Renewable Energy Ltd (TPREL) has signed an agreement with state-owned SJVN Ltd

Tata Power Renewable Energy Ltd (TPREL) has signed an agreement with state-owned SJVN Ltd to establish a 460 MW Firm and Dispatchable Renewable Energy (FDRE) project.

The FDRE plant is capable of providing round-the-clock power supply, which aids power distribution companies (discoms) in meeting their Renewable Purchase Obligations (RPOs) and Energy Storage Obligations (ESOs).

The plant will combine solar, wind, and battery storage technologies to ensure efficient energy dispatch during peak hours, thus stabilising the grid.

TPREL stated that the project is anticipated to generate almost 3,000 million units (MUs) of power and offset 2,200 million kgs of CO2 emissions every year.

“This partnership with SJVN Ltd will see the implementation of sustainable energy solutions from TPREL and will help in achieving the green energy objectives of SJVN Ltd,” said Deepesh Nanda, CEO and Managing Director, Tata Power Renewable Energy Ltd.

TPREL’s total renewable capacity now stands at 9,421 MW (PPA capacity is 7,978 MW), which includes 4,906 MW projects under various stages of implementation.

The company’s operational capacity stood at 4,515 MW, consisting of 3,485 MW solar and 1,030 MW wind power.