Tata Power, through its subsidiary TP Saurya (TPSL), has obtained a “Letter of Award” (LoA) to construct a 330MW solar project in the Neemuch Solar Park. The project consists of two units, with capacities of 160MW and 170MW respectively, and is planned to be built in the Neemuch Solar Park in Madhya Pradesh, India.
The project was awarded to Rewa Ultra Mega Solar (RUMSL) through a tariff-based competitive bidding followed by an e-Reverse auction. The project is backed by a 25-year Power Purchase Agreement (PPA) to provide energy for Indian Railways and the Madhya Pradesh Power Management Company.
The commissioning of the project is expected to be completed within 19 months from the date of implementation of the PPA.
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