Tata Power Renewables Inks 80 MW Clean Energy Deal with Mumbai Distribution Arm
Tata Power Renewable Energy Limited (TPREL) has signed a Power Purchase Agreement with Tata Power Mumbai Distribution for an 80 MW Firm and Dispatchable Renewable Energy project. The project will generate about 315 million units of electricity annually, reducing CO₂ emissions by over 0.25 million tons per year. It integrates solar, wind, and battery storage systems, providing reliable energy during peak demand hours. The project will serve around 800,000 customers in Mumbai and help meet Renewable Purchase Obligations. This addition brings TPREL's total renewable utility capacity to 11.30 GW, with 9.40 GW under PPA.

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Tata Power , through its subsidiary Tata Power Renewable Energy Limited (TPREL), has signed a significant Power Purchase Agreement (PPA) with Tata Power Mumbai Distribution. The agreement covers an 80 MW Firm and Dispatchable Renewable Energy (FDRE) project, marking a substantial step forward in India's clean energy transition.
Project Highlights
Aspect | Details |
---|---|
Capacity | 80 MW |
Annual Generation | Approximately 315 million units of electricity |
CO₂ Emission Reduction | Over 0.25 million tons per year |
Completion Timeline | Expected within 24 months |
Innovative Technology Integration
The project stands out for its innovative approach to renewable energy generation and distribution:
- Integrates solar, wind, and battery storage systems
- Provides reliable energy dispatch during peak demand hours
- Ensures 4-hour peak power supply with at least 90% availability during high-demand periods
Impact on Mumbai's Energy Landscape
Once operational, this clean energy initiative will have a significant impact on Mumbai's power distribution:
- Serve around 800,000 customers across residential, commercial, and industrial segments
- Utilize Tata Power's Mumbai distribution network for energy delivery
- Help Tata Power Mumbai Distribution meet its Renewable Purchase Obligation (RPO)
TPREL's Growing Renewable Portfolio
With this new addition, TPREL further solidifies its position in India's renewable energy sector:
- Total renewable utility capacity reaches 11.30 GW
- PPA capacity stands at 9.40 GW
- Operational capacity of 5.60 GW, including 4.60 GW solar and 1.00 GW wind
- 5.70 GW of projects under various stages of implementation
Tata Power's Commitment to Sustainability
This project aligns with Tata Power's broader sustainability goals:
- Aims to achieve Net Zero by 2045
- Currently, 44% of Tata Power's total capacity (7.00 GW out of 15.80 GW) is from clean energy sources
The collaboration between TPREL and Tata Power Mumbai Distribution exemplifies the group's commitment to driving India's transition towards a greener and more resilient energy future. By leveraging advanced technologies and integrating various renewable sources, this project sets a new benchmark in firm and dispatchable renewable energy solutions for urban centers.
Note: The information in this article is based on a press release disclosed by The Tata Power Company Limited to the stock exchanges.
Historical Stock Returns for Tata Power
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