Tata Power Renewable Energy Limited (TPREL) is a wholly owned subsidiary of The Tata Power Company Limited (Tata Power). TPREL is Tata Power's primary investment vehicle for the clean and renewable energy based power generation capacity.
Tata Power is India's largest integrated power utility with a rich leadership legacy in the Indian power sector. TPREL leverages Tata Power's extensive experience and competencies developed over more than 100 years of experience in power plant management.
Tata Power Renewable Energy Limited (TPREL) develops, constructs and operates wind and solar power assets.
Ability to make large-scale investments to expand Renewable Energy (RE) footprints in India and in select overseas geographies.
Expertise in Project Design and Development, Operations, Maintenance, Asset Management, Safety and CSR.
Operating every Renewable Energy (RE) asset at benchmark levels.
A robust RE project development pipeline with capacity in various stages of development.
Initiate growth in capacity through organic and inorganic means to achieve 30-40% generation capacity of Tata Power from clean energy sources.
Our operating capacity is 1839 MW comprising of 907 MW Wind Power and 932 MW Solar Power.
We have a further 373 MW of Wind and Solar capacity under development/ construction.
Power from these plants are sold to the local power distribution companies under long term Power Procurement Agreements (PPA).
380 MW of Wind and Solar power plants are in the process of being carved out from Tata Power to TPREL by way of a Scheme of Arrangement under Sections 230 and 232 and other applicable provisions of the Companies Act, 2013.
These assets comprise of:
of Wind Power in Gujarat, Karnataka, Maharashtra & Tamil Nadu
of Solar Power in Maharashtra
The consolidated operating capacity of TPREL after the carve-out will be 800 MW.
TPREL's plants are built using proven technology by vendors who have been selected after careful scrutiny of their technical expertise. The Company is guided by a Board of Directors, and Key Management Personnel with expertise in power, technology and finance.