Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, will develop an 80 MW Firm and Dispatchable Renewable Energy (FDRE) project with an investment of around ₹1,200 crore.The project will be set up under a power purchase agreement with Tata Power Mumbai Distribution and is expected to be completed within 24 months. It will integrate solar, wind, and battery storage systems to ensure continuous and reliable supply of clean energy, even during peak demand.
Once operational, the project is expected to generate nearly 315 million units of electricity each year and cut down carbon dioxide emissions by more than 2.5 lakh tonnes annually. The electricity produced will also help strengthen the Mumbai grid and meet Renewable Purchase Obligations.At present, TPREL has a total renewable capacity of 11.3 GW, of which 5.6 GW is operational, including 4.6 GW of solar power and 1 GW of wind power.
The new project marks another step in Tata Power’s push toward cleaner and more sustainable energy solutions. It is expected to create local employment opportunities during construction and operation phases. The FDRE model will provide flexibility in balancing supply and demand, reducing dependence on conventional power sources. This initiative aligns with India’s goal of expanding renewable energy capacity and lowering carbon emissions. With this project, Tata Power aims to strengthen its position as a leading renewable energy provider in the country. Overall, the investment reflects the company’s commitment to building a greener and more resilient energy infrastructure.
