Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has signed a Power Purchase Agreement (PPA) with NTPC Limited for a 200 MW Firm and Dispatchable Renewable Energy (FDRE) project. The company disclosed this development to the stock exchanges on April 14, 2025, under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements.
As per the filing, the project comes with a capital commitment of approximately ₹4,500 crore and will be executed over a period of 24 months. The agreement includes provisions for assured power supply aligned with the scheduling needs of the buying entity, ensuring both reliability and flexibility in energy delivery.
The order has been awarded to TPREL, a domestic entity, and there are no related party considerations or promoter group interests involved, according to the company’s disclosure.
This initiative is in continuation of Tata Power’s strategic focus on expanding its renewable energy portfolio and contributing toward India’s clean energy transition goals.
