Home Business & Finance Tata Power acquires 30 MW wind farm in Maharashtra
Tata Power acquires 30 MW wind farm in Maharashtra

Tata Power acquires 30 MW wind farm in Maharashtra

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Tata Power on May 20 announced it has completed the acquisition of 30 MW wind farm in Maharashtra. “Tata Power Renewable Energy Ltd , a 100 percent subsidiary of Tata Power…has completed acquisition of 100 percent shareholding in Indo Rama Renewables Jath Ltd (IRRJL), which is a 100 percent subsidiary of Indo Rama Renewables Limited (IRRL),” the company said in a statement. IRRJL has a 30 MW operating wind farm in Sangli district of Maharashtra, it said. The wind farm, which is fully operational since July 2013, has a long-term power purchase agreement with Maharashtra State Electricity Distribution Ltd and is registered under the generation-based incentive scheme of Ministry of New and Renewable Energy. With this acquisition, Tata Power’s total generation capacity now becomes 9,213 MW and current operating non-fossil based capacity at 1,704 MW.

Source:PTI

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Anand Gupta Editor - EQ Int'l Media Network

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