Tata Power has commissioned two solar power projects of 50 MW each at Prayagraj and Banda in Uttar Pradesh, which is owned by its wholly owned subsidiary Tata Power Renewable Energy Ltd TPREL.
The landmark projects have been completed by TPREL within the agreed timelines in the absence of Covid challenges. The plants are expected to generate more than 221.26 million units annually, Tata Power said in a release.
It said about 1,59, 600 modules were used in the project at Prayagraj and the installation is expected to reduce 91,137 lakh tons of carbon emission every year.
It said that plants in Banda and Prayagraj are expected to reduce 1,77, 037 lakh tons of carbon emission annually.
With the addition of this 100 MW capacity, the renewable capacity for Tata Power increased to 3,055 MW, with 2,123 MW of solar and 932 MW of wind. The company has 1,854 MW of renewable projects under various stages of implementation.
Shares of the company closed 1.49 per cent higher on the BSE on Monday, at Rs 247.85.