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02 December, 2021 08:33 IST
Tata Power Solar gets EPC orders worth Rs 5,380 mn from EESL
Source: IRIS | 12 Oct, 2021, 08.12PM
Rating: NAN / 5 stars.
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Tata Power Solar Systems (Tata Power Solar), one of India’s largest integrated solar company and a wholly-owned subsidiary of Tata Power, has received "Letter of Award" (LoA) to build 100 MW of Distributed Ground Mounted Solar projects for Energy Efficiency Services (EESL). The total order value of projects is Rs 5,380 million. The commissioning date of the projects is set for 12 months.

With this win, the Utility Scale EPC order book of Tata Power Solar now stands at ~4GW (DC) capacity with an approximate value of Rs 92,640 million (without GST), thereby strengthening its position as India’s leading Solar EPC player.

The EESL project sites are located in Maharashtra. The work secured includes engineering, design, supply, construction, erection, testing, O&M and commissioning of the solar projects.

Praveer Sinha, CEO & MD, Tata Power said, "We are enthused with the new contract win from EESL for Distributed Ground Mounted Solar EPC projects. This is yet another recognition of Tata Power's strong credentials in the solar energy domain and project execution capabilities."

Shares of the company gained Rs 4.25, or 2.22%, to settle  at  Rs 195.80.  The total volume of shares traded  was  11,176,851 at  the BSE (Tuesday).




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