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TPREL has signed an agreement with Indo Rama Renewables Ltd (IRRL) for acquiring its 100 percent subsidiary IRRJL that owns a 30 MW wind farm in Sangli District of Maharashtra.
Tata Power has said in a press release that “The transaction shall be consummated within the next few weeks. The wind farm, which is fully operational since July 2013, has executed a long-term power purchase agreement with Maharashtra State Electricity Distribution Ltd and is registered under the Generation Based Incentive scheme of Ministry of New & Renewable Energy.”
It further said that with this acquisition of Indo Rama Renewables Jath Limited, (IRRJL), the total generation capacity of Tata Power will increase to 9130 MW and its operational wind power generation capacity to 570 MW with wind turbines located across 5 states- Maharashtra, Rajasthan, Gujarat, Tamil Nadu and Karnataka.
