Key Points:
- ₹1,200 cr, 80 MW FDRE project in 24 months
- 315 mn units power, 0.25 mn tons of CO₂ cut, 8 lakh users
- TPREL portfolio rises to 11.3 GW
Tata Power Renewable Energy Ltd. (TPREL), a subsidiary of Tata Power, will invest about ₹1,200 crore to develop an 80 megawatt (MW) Firm and Dispatchable Renewable Energy (FDRE) project. The company said the project will be executed within 24 months.
TPREL has signed a power purchase agreement with Tata Power Mumbai Distribution to deliver clean energy from the project. According to Tata Power’s exchange filing, the initiative is designed to provide reliable renewable electricity during peak demand hours and to strengthen grid stability.
Project to cut carbon emissions
The project is expected to generate about 315 million units of electricity annually. Tata Power said this output will help mitigate more than 0.25 million tons of carbon dioxide emissions each year. The renewable electricity will be integrated into Tata Power’s Mumbai distribution network, benefiting about 800,000 customers across residential, commercial, and industrial segments.
A key feature of the FDRE project is its commitment to provide a four-hour peak power supply, with at least 90 percent availability during high-demand periods. This will support the growing energy requirements of Tata Power Mumbai Distribution and assist the utility in meeting its Renewable Purchase Obligation (RPO) as mandated by the state regulatory commission.
Expanding renewable portfolio
FDRE projects integrate solar, wind, and battery storage systems to ensure energy is available when needed, making renewable generation more reliable. Tata Power said the new project aligns with its strategy to expand its clean energy portfolio while addressing challenges of variability in renewable supply.
With the addition of this project, Tata Power Renewable Energy Ltd. (TPREL) total renewable utility capacity has reached 11.3 gigawatts (GW). This includes a power purchase agreement capacity of 9.4 GW, of which 5.7 GW is under various stages of implementation. The company’s operational capacity currently stands at 5.6 GW, comprising 4.6 GW solar and 1 GW wind.
Tata Power emphasized that investments in renewable energy are central to its growth plans. “This project reinforces our commitment to delivering sustainable and reliable energy solutions,” a company spokesperson said.
Industry context
India has been increasing its focus on renewable energy to meet its climate targets and reduce dependence on fossil fuels. Projects such as Tata Power’s FDRE model are intended to ensure grid reliability as renewable penetration rises. By combining solar, wind, and storage, FDRE facilities aim to deliver power comparable in reliability to conventional sources.
Tata Power, among India’s largest integrated power companies, has been steadily expanding its renewable portfolio. Its renewable arm, Tata Power Renewable Energy Ltd. (TPREL), has recently partnered with other companies and financial institutions to scale clean energy investments.
Once completed, the 80 MW FDRE project will add to Mumbai’s clean energy mix and provide a model for similar developments across the country.
