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News: Tata Power Renewable Energy Ltd. (TPREL) a subsidiary of Tata Power, has commissioned 431 MW DC solar project in Neemuch, Madhya Pradesh. The project will provide power to the Western Central Railways and MP Power Management Company. With this, the total operational capacity of TPREL now stands at 5.4 GW, of which solar comprises 4.4 GW and wind energy is 1 GW. Further TPREL has 5.5 GW of projects under various stages of development.
Views: Successful commissioning of this project will aid Tata Power in achieving it's renewable energy portfolio targets. Tata power expects significant implementation of such large scale solar utility projects in the current and next quarter, with plans to implement 2-2.5 GW solar capacity this year.
Impact: Positive