Tata Power’s renewable arm to acquire Indo Rama Renewables’ Sangli wind farm

Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has signed a share purchase agreement with Indo Rama Renewables Limited (IRRL) to acquire the latter’s 30 MW wind farm at Sangli, Maharashtra. The wind farm, which is operated by Indo Rama Renewables Jath Limited (an IRRL subsidiary), has been operational since July 2013 and has a long-term power purchase agreement with Maharashtra State Electricity Distribution Limited. With this, Tata Power’s wind-based generation capacity will increase to 570 MW across Maharashtra, Rajasthan, Gujarat, Tamil Nadu and Karnataka.

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