Tata Power wins 250 MW solar project at Karnataka's Tumkur
New Delhi, July 11: Tata Power on Wednesday announced it had been awarded the state-run Karnataka Renewable Energy Development Ltd (KREDL) project to develop five solar projects totalling 250 MW in the state's Tumkur district.
In a statement here, the company said the energy from the five projects of 50 MW each, to be set up at the Pavagada Solar Park in Tumkur, will be supplied to the Karnataka state distribution companies (discoms) under a power purchase agreement (PPA) valid for 25 years.
"The company has won this capacity in a bid at a tariff of Rs 2.85/kWH (kilowatt hour) announced by KREDL during April 2018. The projects will be commissioned within 12 months from the date of signing of the PPA," it said.
Tata Power President, Renewables Ashish Khanna said in a statement: "Pavagada Solar Park has provided us a unique opportunity to enhance our generation capacities in the same location and post development we will have the optimisation advantage of operating more than 400 MW AC power from Pavagada."
The 250 MW solar project is so far the largest bid won by the company, while it currently has an operational capacity of 675 MW, the statement said.
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US VP JD Vance says Lebanon not part of ceasefire, calls it ‘misunderstanding’
Budapest/Washington: US Vice President J D Vance has said that Lebanon was never included in the ceasefire understanding with Iran, describing the confusion as a “legitimate misunderstanding”.
Speaking to reporters before departing from Hungary, Vance said, “I think the Iranians thought that the ceasefire included Lebanon and it just didn’t. We never made that promise.”
He stressed that the United States had not included Lebanon in the scope of the ceasefire at any stage.
His remarks come amid continued Israeli strikes in Lebanon, where more than 200 people were reported killed, even as ceasefire talks between Iran and the US move forward.
Vance said Israel had “offered … to check themselves a little bit in Lebanon because they want to make sure that our negotiation is successful”.
He warned that if Iran allows the situation in Lebanon to affect the negotiations, it could derail the talks.
“If Iran wants to let this negotiation fall apart in a conflict where they were getting hammered over Lebanon, which has nothing to do with them and which the United States never once said was part of the ceasefire, that’s ultimately their choice,” he said.
