Tata Power acquires 30 MW wind farm in Maharashtra

Tata Power on friday announced it has completed the acquisition of 30 MW wind farm in Maharashtra.

"Tata Power Renewable Energy Ltd (TPREL), a 100% subsidiary of Tata Power…Has completed acquisition of 100% shareholding in Indo Rama Renewables Jath Ltd (IRRJL), which is a 100% subsidiary of Indo Rama Renewables Limited (IRRL)," the company said in a statement.

IRRJL has a 30 MW operating wind farm in Sangli district of Maharashtra, it said.

The wind farm, which is fully operational since July 2013, has 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 and Renewable Energy.

With this acquisition, Tata Power's total generation capacity now becomes 9,213 MW and current operating non-fossil based capacity at 1,704 MW.

source:PTI