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Tata Power Company Limited
Tata Power awarded for establishing and early commissioning of the 100 MW solar plant

November 9, 2017

Tata Power, India's largest integrated power company, announced that its wholly owned subsidiary, Walwhan Renewable Energy Limited (WREL), has been awarded for establishing and commissioning a large-scale 100 MW solar power plant, Karnataka. The award was bestowed to WREL team by the Honourable Chief Minister of Karnataka Shri Siddaramaiah at 'Power Awards' 2017. This was done via competitive bidding under the state solar policy.

The award function was presided by the Honourable Chief Minister of Karnataka and hosted by the Karnataka Energy minister, Mr. D.K.Shiva Kumar. It was attended by all the top officials of the State Energy departments and utilities like KPTCL, BESCOM, MESCOM, etc. and leaders from the renewable energy sector.

Commenting on this development Mr. Ashok Sethi, Executive Director and COO, Tata Power, said, "We are happy to receive this award for establishing and early commissioning of our 100 MW solar power plant in Karnataka. This award is a testament to our superior engineering capabilities and in-depth technological know-how. We would like to thank the Honourable Chief Minister of Karnataka as well as the Energy Minister for recognizing our efforts towards ensuring reliable power for all."

Tata Power Renewable Energy Ltd (TPREL) had acquired Walwhan Renewable Energy Limited (formerly known as Welspun Renewables Energy limited) in September 2016, which owns 1141 MW of renewable energy assets comprising 995 MW of solar and 146 MW of wind assets across various States in India. In the state of Karnataka, the company has a total installed capacity of 117 MW of solar power plants comprising of 50 MW at Talak, 34 MW at Kodihali, 17 MW at Nagsamudra and 16 MW at Rajapura.

Speaking on the occasion Mr. Mahesh Paranjpe, CEO and ED, WREL said "It is a proud day for us at Walwhan Renewable Energy Limited. We have always been challenging ourselves by reengineering each practice to come up with the most effective way of setting up solar power projects. Due to the innovations made, the project erection time gets reduced drastically with lower cost implications."

Walwhan Renewable Energy Limited is India's leading builder of renewable energy projects and has a robust operating portfolio of wind and solar projects in Karnataka.

About Walwhan Renewable Energy Limited:

Welspun Renewable Energy Private Limited (WREPL) is a 100% subsidiary of Tata Power Renewable Energy Limited (TPREL). TPREL had acquired WREPL in September 2016, which owns 1141 MW of renewable energy assets comprising 995 MW of solar and 146 MW of wind assets across various States in India. TPREL is the primary investment vehicle of the Tata Power Company Limited (Tata Power) for clean and renewable energy based power generation capacity. It is actively involved across the renewable energy sector in India with a focus on Wind and Solar.

About Tata Power:

Tata Power is India's largest integrated power company with a growing international presence. The Company together with its subsidiaries and jointly controlled entities has an installed gross generation capacity of 10549 MW and a presence in all the segments of the power sector viz. Fuel Security and Logistics, Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading. It has successful public-private partnerships in Generation, Transmission and Distribution in India namely "Tata Power Delhi Distribution Limited" with Delhi Government for distribution in North Delhi, 'Powerlinks Transmission Ltd.' with Power Grid Corporation of India Ltd. for evacuation of Power from Tala hydro plant in Bhutan to Delhi and 'Maithon Power Ltd.' with Damodar Valley Corporation for a 1050 MW Mega Power Project at Jharkhand. Tata Power is serving more than 2.6 million distribution consumers in India and has developed the country's first 4000 MW Ultra Mega Power Project at Mundra (Gujarat) based on super-critical technology. It is also one of the largest renewable energy players in India with a clean energy portfolio of 3210 MW. Its international presence includes strategic investments in Indonesia through a 30% stake in the leading coal company PT Kaltim Prima Coal (KPC), 26% stake in mines at PT Baramulti Suksessarana Tbk ("BSSR"); in Singapore through Trust Energy Resources to securitize coal supply and the shipping of coal for its thermal power generation operations; in South Africa through a joint venture called Cennergi' to develop projects in sub-Sahara Africa; in Zambia through 50:50 joint venture with ZESCO for 120 MW Hydro which has become operational in 2016; in Georgia through AGL which is a joint venture with Clean Energy, Norway & IFC for development of 187 MW hydro project and in Bhutan through a hydro project in partnership with The Royal Government of Bhutan. With its track record of technology leadership, project execution excellence, world class safety processes, customer care and driving green initiatives, Tata Power is poised for a multi-fold growth and committed to 'lighting up lives' for generations to come". Visit us at: www.tatapower.com


Shalini Singh Head - Corporate Communications
The Tata Power Company Limited
Email: shalinis@tatapower.com

Sneha Dev / Jaison Rebello Rediffusion / Edelman
9958000706/ 8286939726
Email: sneha.dev@edelman.com

For more information :

Tata Power Company Limited


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