The plant will be operational by March 2024. With TPSL, TPTCL has a PPA in place that will last for 25 years. The project would provide 485 million units of energy per year and will be connected to the Central Transmission Utility (CTU) Bus, it was
said. With this victory, TPREL's total renewable energy capacity will be 6,788 MW, with 3,917 MW installed (solar: 2,989 MW; wind: 928 MW) and 2,871 MW in various phases of implementation. With its subsidiaries and jointly controlled organisations, Tata Power Company, one of India's major integrated power corporations, has a total installed and managed capacity of 14,110 MW. The company is present throughout the full value chain of power production, including transmission, distribution, coal and freight, logistics, and trade. It also generates renewable and conventional power, including hydro and thermal energy.
On the basis of a 4.1% increase in operating revenue to Rs 12,453.76 crore in Q4 FY23 over Q4 FY22, the business recorded a 54.6% increase in consolidated net profit to Rs 777.73 crore. On the BSE, Tata Power Company shares increased 0.51% to Rs 207.30.
