Tata Power Renewable Inks 200 MW PPA with NTPC for FDRE Project

16 Apr 2025

Tata Power Renewable Energy Ltd (TPREL), a subsidiary of Tata Power Company Ltd, has entered into a Power Purchase Agreement (PPA) with NTPC Ltd for the development of a 200 MW firm and dispatchable renewable energy (FDRE) project.

The project will be executed across multiple locations in India, with an anticipated completion timeline of 24 months. Upon completion, it is expected to generate approximately 1,300 million units (MUs) of electricity annually and help mitigate over 1 million tonnes of carbon dioxide emissions each year, according to the company.

The project will integrate solar, wind, and Battery Energy Storage System (BESS) technologies. TPREL stated the PPA includes a commitment to provide a four-hour peak power supply with a minimum of 90% availability during peak demand hours. The company secured the project through a competitive bidding process.

With this new addition, TPREL’s total renewable energy capacity has reached 10.9 gigawatts (GW), of which 5.5 GW is currently operational—comprising 4.5 GW of solar power and 1 GW of wind energy. The remaining 5.4 GW is in various stages of development, with an equal split of 2.7 GW each for solar and wind projects. These projects are set to be completed in phases over the next 6 to 24 months.