Tata power renewable energy to set up 41 MW captive solar plant in Tamil Nadu

Tata Power Renewable Energy Ltd. will set up a 41 MW captive solar power plant in Tamil Nadu to serve TP Solar Ltd.’s upcoming 4.3 GW solar cell manufacturing unit, the company said on Wednesday.

Tata Power Renewable Energy is a subsidiary of the Tata Power Co., and the proposed solar plant would come up in Tuticorin.

According to a company statement, Tata Power Renewable Energy would set up the 41 MW captive solar plant to serve TP Solar’s upcoming 4.3 GW solar cell and module manufacturing facility in Tirunelveli.

The captive solar power plant would help generate 101 million units of electricity and offset around 72,000 metric tonnes of carbon dioxide emissions annually.

With this new captive solar plant, Tata Power Renewable Energy’s total capacity will expand to 7,877 MW including 3,720 MW of projects which are at different stages of implementation, the statement said.

The captive solar plant is expected to be commissioned in 12 months from the signing of the Project Development Agreement (PDA).

Tata Power Renewable Energy said it has established TP Govardhan Creatives Ltd. as a specialised entity entrusted with the development, operation and upkeep of this solar power plant.

TP Solar is expected to commence commercial production of cells and modules by FY2024-25, the statement added.

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