Tata Power has announced that it has been awarded a project by Solar Energy Corporation of India (SECI) to build a 100 MW EPC solar project, along with a 120 MWh utility-scale Battery Energy Storage System. The total contract value of the project is approximately Rs 945 crore, and it will be completed within 18 months, the Tata Sons subsidiary said in a statement on Wednesday.

After the contract, the utility-scale EPC order book of Tata Power Solar now stands at around 4.4 GW (DC) capacity with an approximate value of Rs 9,000 crore without GST.

SECI project sites are located in Chhattisgarh, Tata Power said, adding that the order scope includes engineering, design, supply, construction, erection, testing, O&M and commissioning of the projects.

• What is Stock Order : Types, Differences & How Order Works
• India’s Business Activity Hits 3-Month High in Nov Amid Rising Costs
• Trudeau to Cut Sales Tax and Send Checks to Canadians Ahead of Election
• Ashwini Vaishnaw Encourages German Companies to Invest in India
• Flipkart Appoints Dan Bartlett to Board

“With this win, the Company has strengthened its diversified offerings with BESS (Battery Energy Storage System) within the renewable segment,” the company stated.

“We are glad to receive this prestigious order from SECI to build Solar EPC projects along with India’s largest utility-scale BESS project. This is the second grid-scale solar plant with BESS and is a recognition of
Tata Power Solar’s pioneering work in project execution capabilities in the solar energy domain” said Praveer Sinha, CEO & MD, Tata Power.

Stock Covered in the news

Tata Power Ltd-View Detailed Analysis