TPVSL to set up 966 MW solar-wind hybrid plant for Tata Steel

TP Vardhaman Surya Limited (TPVSL), a wholly-own subsidiary of Tata Power Renewable Energy Limited (TPREL), has announced to set up 966 MW solar-wind hybrid plant under the group captive mode. The hybrid plant will be utilised to deliver round-the-clock renewable power to Tata Steel Limited’s Kalinganagar and the electric arc furnace project at Ludhiana, Punjab. Additionally, Tata Steel will establish a fixed-tariff long-term arrangement with TPVSL to procure power from 379 MW renewable project. This will result in a reduction of 50 million tonnes of emissions over the 25-year contract duration.