Tata Power Solar Systems received LoA of ₹596 cr for NHDC project | Daily News Byte

The LoA is awarded through tariff-based bidding. The project will be awarded within 13 months from the date of award and will provide sustainable energy to MP Power Management Company Limited.

NHDC, a joint venture between NHPC Ltd and the Madhya Pradesh government, had invited tenders earlier this year for this project at the Omkareshwar reservoir in Madhya Pradesh’s Khandwa district. It is said to be one of India’s largest floating solar power projects.

“This is an important project for Tata Power Solar and we are honored to partner with NHDC. This partnership will highlight the diversity of our work and project implementation to promote green energy across the sector. The floating solar project is a game changer for the industry. replacement. This project is a true demonstration of our ability to break World Class Solar Project Launching Floating Solar Project is a Game Changer for Renewable Industry Ashish Khanna, CEO, Tata Power Renewable said this project is a true reflection of our ability to pioneer world-class solar projects within a short period of time.

With this win, the company’s total solar project portfolio has touched 9.8 GW. So far, Tata Power Solar’s total order book stands at ₹14,908 billion. Tata Power holds a 93.94% stake in Tata Power Renewable.