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Key Highlights:
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has announced a significant step towards sustainable energy with a new Power Purchase Agreement (PPA) with Tata Motors Limited. The main aim of the agreement is to co-develop a 131 MW wind-solar hybrid renewable energy project.
Green Energy Production and Environmental Impact
The project is expected to generate approximately 300 million units of renewable energy annually. The initiative is designed to exclusively power six Tata Motors manufacturing facilities located across Maharashtra and Gujarat. This substantial output is set to offset over 2 lakh tons of carbon dioxide emissions each year. The move aligns with Tata Motors’ commitment to achieving its RE-100 target and contributes to its broader environmental goal of achieving net-zero emissions.
TPREL’s Growing Renewable Energy Capacity
This project will push TPREL’s total group captive capacity beyond 1.5 GW. The company utilises a hybrid energy model that integrates wind, solar, floating solar, and battery storage technologies. This approach ensures a consistent and efficient supply of renewable energy, emphasising cost efficiency alongside sustainability.
Expansion and Industry Impact
TPREL continues to expand its influence within the commercial and industrial sectors, facilitating energy transitions across diverse industries including steel, automotive, hospitality, and retail. Previous partnerships with Tata Group entities such as Tata Steel, Tata Communications, and Indian Hotels Company Limited (IHCL) underscore its commitment to promoting renewable energy initiatives.
Future Growth and Development
Currently, TPREL manages approximately 478 MW of renewable energy under its group captive portfolio. An additional 1.1 GW capacity is in various stages of development and is expected to be operational within the next two years. This expansion highlights TPREL’s proactive role in enhancing India’s renewable energy landscape.
Tata Power’s Integrated Energy Approach
Tata Power, as an integrated power utility and part of the Tata Group, maintains an extensive energy portfolio of 15.7 GW. This includes renewable and conventional energy generation, transmission, distribution, and solar manufacturing capabilities. With 6.8 GW in renewable generation, Tata Power achieves a 44% share of clean energy. The company also offers diverse energy solutions such as rooftop solar installations, electric vehicle (EV) charging infrastructure, microgrid solutions, and energy storage systems, serving approximately 12.5 million customers across India.
Also Read: Tata Motors Sets New Record with 250 Patents Filed in FY25
CMV360 Says
This partnership between TPREL and Tata Motors is a new step towards promoting clean energy in India. It shows how big companies are taking action to reduce carbon emissions and move towards a greener future. Projects like these can inspire more industries to switch to renewable energy.
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