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TPREL signs 25-year PPA with NTPC for 200 MW FDRE project

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Tata Power Renewable Energy Limited (TPREL) signed a 25-year power purchase agreement with NTPC Limited on April 14, 2025. The agreement covers the development of a 200 MW Firm and Dispatchable Renewable Energy (FDRE) ISTS-connected project under Tranche-II of NTPC’s FDRE scheme. TPREL had secured the project in March 2024 through NTPC’s Tranche-II auction by quoting a tariff of Rs 4.71 per kWh. NTPC had invited bids for 3,000 MW capacity in October 2023. The…

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Tata Power partners with IndusInd Bank to finance solar installations for MSEs

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Tata Power Renewable Energy (TPREL) has partnered with IndusInd Bank to provide collateral-free solar financing options for micro and small enterprises (MSEs), offering loans ranging from Rs 1 million to Rs 20 million.  This partnership aims to support MSEs in adopting solar energy, reducing operational costs, and contributing to the green energy transition. Both public and private lenders are increasingly collaborating with solar companies to offer financing for commercial and residential projects. Last week, Solex…