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January 25, 2021

Tata Power to build 320MW solar power project for NTPC in India

India’s integrated solar company Tata Power Solar has received a letter of award (LoA) from NTPC to construct a 320MW ground-mounted solar photovoltaic (PV) project.

Indian solar company Tata Power Solar has received a letter of award to construct a 320MW ground-mounted solar photovoltaic project.

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Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
by GlobalData
Enter your details here to receive your free Report.

NTPC awarded the contract with a commercial operation date of May 2022. A spokesperson for Tata Power Solar, a subsidiary of Tata Power, said that the contract is worth approximately $162m (Rs12bn).

Tata Power managing director and CEO Praveer Sinha said: “Tata Power is in the forefront of producing green energy across the country. Such achievement demonstrates the trust and leadership of Tata Power’s project management capability and execution skills in solar projects.”

As per the terms of the contract, Tata Power Solar will take responsibility for land acquisition, engineering, procurement, installation, and commissioning of the grid-connected solar project on a turnkey basis.

Additionally, the company will provide operations and maintenance services to the solar plant for a period of three years, and for the power evacuation system and telemetry up to the interconnecting state transmission utility substation.

With this addition, the order pipeline of Tata Power Solar stands at nearly 4GW at peak, with value of $1.6bn (Rs120bn).

In June last year, Tata Power Renewable Energy received a letter of award from Gujarat Urja Vikas Nigam for developing a 120MW solar project in the state of Gujarat.

Tata agreed to supply energy from the solar facility to the utility, a subsidiary of Tata Power.

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Free Report
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Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
by GlobalData
Enter your details here to receive your free Report.

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