The additional capacity could generate annual savings of Rs 6,200-6,700 crore, translating into a payback period of around 1.8-2.2 years
The solar facility, estimated to require an investment of around Rs 450 crore, will be developed at Jaulan in Uttar Pradesh and is targeted for commissioning within 24 months
With the latest addition, TPREL's operational capacity has crossed 7 GW, comprising more than 5.7 GW of solar and 1.3 GW of wind assets
It will be Oyster Renewable’s third project in Gujarat
