Tata Power Solar Systems Ltd., a wholly-owned subsidiary of Tata Power has received the letter of award post reverse auction to develop 105 MW Floating Solar Project on a reservoir of NTPC. The project site is at Kayamkulam, Alappuzha district of Kerala.
The estimated cost of the project is Rs. 343 Cr. which includes three years of O&M and is expected to be commissioned in approximately 21 months time.
On winning the award on 27th September 2019, Ashish Khanna, MD & CEO, Tata Power Solar and President, Tata Power (Renewable) said, “Floating Solar has immense potential in our country, and we will ensure that this project will act as a benchmark for floating solar projects.”
Floating Solar Power in India
Tata Power Solar Systems Ltd. was called Tata BP Solar earlier. It is India’s largest integrated solar power company. The company manufactures solar cells, modules, solar microgrids and solar based RO systems. It also provides complete EPC services for large solar projects as well as solar rooftops. The company employs around 700 people and has shipped 1.4 GW of modules worldwide.