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Tata Power Solar Systems Limited signs contract with NTPC Limited to supply 152 MWp DCR Solar PV Modules for its Nokh Solar Park in Rajasthan

15 Dec 2023
  • The project holds a significant order value of Rs. 418 crore

 

Tata Power Solar Systems Limited (TPSSL), a wholly owned subsidiary of Tata Power Renewable Energy Limited (TPREL), one of the leading renewable energy players in India, is pleased to announce that it has signed a contract to supply 152 MWp DCR Solar PV Modules for NTPC Limited (NTPC’s) Nokh Solar PV Project in Rajasthan.

The project holds a significant order value of approximately Rs. 418 crore.

NTPC is developing 3*245 MW (735 MW) Nokh Solar Park at Pokaran, Jaisalmer, Rajasthan. The entire project will utilise DCR category Bi-Facial Mono-PERC modules.

The solar panels, including the solar cells and modules, of these DCR Solar PV modules, are being manufactured in India in adherence to the Domestic Content Requirement policy.

TPSSL’s Solar Cell and Module Manufacturing plant in Bengaluru will supply 152 MWp DCR Solar PV Modules for this project.

This contract highlights TPSSL’s commitment to promoting the growth of renewable energy, thereby furthering the nation's sustainable energy objectives.

The company's solar EPC portfolio is more than 12.5 GWp of ground-mount utility-scale, over 2 GW of rooftop and distributed ground-mounted systems, and over one lakh solar water pumps.

NTPC is India's leading integrated power producer and the biggest central Public Sector Undertaking under the Ministry of Power, Government of India.

TPREL is a subsidiary of Tata Power, one of India's largest integrated power companies.

About Tata Power:

Tata Power is a leading integrated power company and a part of Tata Group, India’s largest multi-national business conglomerate. The company has a diversified portfolio of 14407 MW, spanning across the entire power value chain - from renewable and conventional energy generation to transmission & distribution, trading, storage solutions and solar cells and module manufacturing. As a pioneer of clean energy transition in India, Tata Power has 5547 MW of clean energy generation, which constitutes 39% of its total capacity. The company has also committed to achieve carbon neutrality before 2045.Tata Power has established India’s most comprehensive clean energy platform, with offerings such as rooftop solar, microgrids, storage solutions, EV charging infrastructure, home automation et al. The company has also attracted global investors to support its growth and vision. Tata Power has successfully partnered with public and private entities in generation, transmission & distribution sectors in India, serving approx.13 million customers across the country. To know more about Tata Power, visit www.tatapower.com

Disclaimer:

The following press release/announcement may contain forward-looking statements within the meaning of applicable securities laws and regulations. These statements are based on management's current views, expectations, assumptions, and projections regarding the Company's future performance, business plans, growth prospects, competitive and regulatory environment, and other related matters. Such forward-looking statements are subject to various risks and uncertainties, which may cause actual results to differ materially from those expressed or implied in the statements. Factors that could cause actual results to differ materially from those contemplated in the forward-looking statements are not limited to changes in economic conditions affecting demand/supply and price conditions in the domestic and overseas markets in which the Company operates, alterations in the business environment, fluctuations in Government regulations, laws, statutes, judicial pronouncements, and other incidental factors. The Company does not undertake any obligation to publicly update or revise any forward-looking statements based on subsequent events, information, or developments, except as required by applicable laws and regulations.

 


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