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
