Tata Power Renewable Energy signs PPA for 510MW hybrid project

March 13, 2023
Facebook
Twitter
LinkedIn
Reddit
Email
The project consists of 170MW of solar and 340MW of wind power capacity. Image: Tata Power.

Indian integrated power company Tata Power’s subsidiary Tata Power Renewable Energy has signed a power purchase agreement (PPA) for a 510MW hybrid project.

The PPA with Tata Power Delhi Distribution Limited (Tata Power DDL), a joint venture between Tata Power and the government of the national capital territory of Delhi, includes 170MW of solar PV and 340MW of wind power. Tata Power Renewable Energy said the hybrid project would be commissioned within 24 months from the PPA execution date.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

“Tata Power Renewable has signed one of the largest PPAs in the country, showcasing our future readiness and expertise in project execution skills. This partnership is significant in our quest to continue our journey as one of the torchbearers of the green and clean energy transition,” said Ashish Khanna, CEO of Tata Power Renewable Energy.

In January, Tata Power Renewable Energy announced plans to develop a 255MW hybrid solar and wind project in the state of Karnataka, India. The project will consist of 85MW of solar PV and 170MW of wind generation capacity, with the contract set to contain a greenshoe option for an additional 85MW of solar.

Tata Power DDL will offtake the power generated at the hybrid project, with a view to providing power to the North Delhi region.

With the latest addition, Tata Power Renewable Energy’s total renewables capacity reaches 6.3GW with an installed capacity of 3.91MW, including 2.98GW of solar and 928MW of wind capacity, and 2.39GW under different stages of implementation.

Read Next

April 22, 2026
Work has begun on the 500MW Maun solar-plus-storage project in Botswana, which will be a cornerstone of the country's plan to reach 1.5GW of operational renewable energy capacity by the end of the decade.
Premium
April 17, 2026
France remains an 'attractive' solar market, and a 'stable environment' for potential investors, according to Ksenia Dray.
April 16, 2026
Tech giant Amazon has announced nine new renewable energy power purchase agreements (PPAs) in Australia totalling 430MW, with eight projects featuring solar generation co-located with BESS.
April 16, 2026
The average price of a solar power purchase agreement (PPA) signed in Europe fell to €55.05/MWh (US$64.83/MWh) in the first quarter of 2026.
Premium
April 15, 2026
Italy’s solar sector is an attractive investment space, and much of this is owed to the supportive auction systems managed by the government.
Premium
April 13, 2026
As key purchasers of solar power, distribution companies are central to India’s renewable energy goals. But, under severe financial strain, they could also derail those same ambitions.

Upcoming Events

Upcoming Webinars
May 27, 2026
9am BST / 10am CEST
Media Partners, Solar Media Events
June 3, 2026
National Exhibition and Convention Center (Shanghai)
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain