Tata Power Renewable Energy said it has received a 'letter of award' to set up a 150 MW solar project in Solapur, Maharashtra.
The project will be commissioned within 18 months from the power purchase agreement (PPA) execution date.
"Tata Power Renewable Energy Ltd (TPREL), a subsidiary of Tata Power receives the 'Letter of Award' (LoA) from the Maharashtra State Electricity Distribution Corporation Ltd (MSEDCL) to set up a 150MW solar project in Solapur, Maharashtra," it said in a statement.
The LoA was won through tariff-based competitive bidding followed by an e-reverse auction, it added.
TPREL CEO Ashish Khanna said, "The award is in line with our commitment to creating a sustainable ecosystem for transitioning towards a greener future and affirms our potential to deliver...world-class solar projects."
With this, the total renewables capacity of TPREL has reached 5,786 MW with an installed capacity of 3,877 MW (solar - 2,949 MW and wind - 928 MW) and 1,909 MW under various stages of implementation.
