Tata Power Renewable Energy Ltd has signed a power purchase agreement with Tata Power Mumbai Distribution for an 80 MW firm and dispatchable renewable energy project combining solar, wind, and storage. 9 GW of operational capacity spread across thermal, hydro and RE. The Company aims to reach 20 GW generation capacity and 40 GWh of. . India's renewable energy sector has entered a consolidation phase—shifting from rapid expansion to deep system reform, with focus on grid readiness, domestic manufacturing, and dispatchable green power. 43/kWh, including a trading margin of 7 paise/unit for 25 years. Learn about policy updates, investment opportunities, and how companies like EK SOLAR are driving India's renewable energy transition. What's New in Mumbai's Renewable Energy Bidding? Mumbai has. .