Tata Power Secures ₹4,500 Cr NTPC Deal for 200 MW Renewable Project
Published • 15 April 2025 at 9:01 AM
₹4500 Cr Tata Power-NTPC Renewable Energy Deal Signed
Tata Power Renewable Energy Ltd (TPREL), a subsidiary of Tata Power, has signed a Power Purchase Agreement (PPA) with NTPC Limited to develop a 200 MW Firm and Dispatchable Renewable Energy (FDRE) project, valued at approximately ₹4,500 crore. Designed to ensure reliable and flexible power delivery, the project will meet NTPC’s scheduling needs and is slated for completion within 24 months. This marks a significant milestone in Tata Power’s commitment to firm renewable solutions. In a parallel development, Tata Power received approval from the Maharashtra Electricity Regulatory Commission (MERC) to set up a 100 MW Battery Energy Storage System (BESS) in Mumbai. The BESS will be distributed across 10 critical locations and completed over the next two years. With advanced black start capabilities, it will provide rapid power restoration for essential services like metros, hospitals, and data centers during outages. Additionally, it will enhance grid stability and manage peak power demand more efficiently, all controlled via Tata Power’s Power System Control Center (PSCC).
Tata Power to Build 200 MW Renewable Project for NTPC
- Tata Power and NTPC Collaboration: Tata Power Renewable Energy Ltd (TPREL) signs a Power Purchase Agreement (PPA) with NTPC Limited to develop a 200 MW FDRE project valued at approximately ₹4,500 crore.
- Project Purpose and Timeline: The project aims to ensure reliable and flexible power delivery, meeting NTPC’s scheduling needs, with an expected completion within 24 months.
- Milestone in Renewable Energy: This project represents a significant step in Tata Power’s commitment to firm renewable energy solutions.
- BESS Approval: Tata Power receives approval from Maharashtra Electricity Regulatory Commission (MERC) to set up a 100 MW Battery Energy Storage System (BESS) in Mumbai.
- BESS Deployment: The BESS will be distributed across 10 critical locations, with completion scheduled over the next 2 years.
- Power Restoration Capabilities: The BESS will have advanced black start capabilities for rapid power restoration during outages, supporting metros, hospitals, and data centers.
- Grid Stability and Demand Management: The BESS will improve grid stability and help manage peak power demand more efficiently, controlled via Tata Power’s Power System Control Center (PSCC).
