Under the Power Delivery Agreement (PDA), TPREL will be responsible for the construction, operation, and maintenance of the captive solar power plant, according to a BSE filing by Tata Power

Tata Power Renewable Energy  (TPREL) announced on Friday that it has signed an agreement to construct a 43.75 MW captive solar project for Mukand Ltd., a Bajaj Group company.

Situated in Jamkhed, Maharashtra, the facility is projected to generate 99.82 million units of electricity annually and is anticipated to offset 54,687 tonnes of CO2 emissions each year.

Under the Power Delivery Agreement (PDA), TPREL will be responsible for the construction, operation, and maintenance of the captive solar power plant, according to a BSE filing by Tata Power.

The project is set to be operational by March 2024. The primary objective of the plant is to meet Mukand’s energy requirements while promoting environmentally friendly practices within their stainless steel manufacturing operations.

Shashibhushan Upadhyay, President of Mukand , noted that with this addition, TPREL’s total renewable capacity now stands at 7,946 MW, which includes 3,755 MW in projects at various stages of implementation. The operational capacity is 4,191 MW, comprising 3,185 MW of solar and 1,006 MW of wind.

(PTI)