Tata Power to build solar unit in Kerala

Tata Power Ltd. said the Kerala State Electricity Board Ltd. (KSEBL) has awarded a contract to the company for developing a 110 MW solar power project.

โ€œThe energy will be supplied to KSEBL under a Power Purchase Agreement (PPA), valid for a period of 25 years from scheduled commercial operation date,โ€ it said.

โ€œThe company has won this capacity in a bid announced by KSEBL in September. The project has to be commissioned within 18 months from the date of execution of the PPA,โ€ it added. The plant is expected to generate about 274 MUs of energy per year and will annually offset approximately 274 million kg of CO2, the company added.

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