Tata Power secures 40-year SECI contract for 324 MW project
after close1 source ↓written by the desknot a recommendation
- India
- 324 MW pumped storage plant
- guarantees an annual
- 40-year agreement
- fixed charge
- ₹3,513 mn
- translating
- ₹10.84 mn per MW
- be commissioned
- 36 months
Tata Power Company Limited has received a Letter of Award from the Solar Energy Corporation of India for a 324 MW pumped storage plant. The 40-year agreement guarantees an annual fixed charge of ₹3,513 mn, translating to ₹10.84 mn per MW. The project aims to enhance energy storage capabilities and is to be commissioned within 36 months.
Not investment advice. For informational purposes only.