Tata Power Renewable Energy has surpassed the 1.4-gigawatt (GW) milestone
In a significant stride towards a sustainable and green energy future, Tata Power Renewable Energy (TPREL) announced that it has surpassed the 1.4-gigawatt (GW) milestone in group captive projects within the last seven months. This accomplishment is a testament to TPREL’s unwavering dedication to sustainability and its pivotal role in contributing to India’s green energy ambitions.
The remarkable achievement is credited to the signing of Power Delivery Agreements (PDAs) with various industries across segments. TPREL, a subsidiary of Tata Power, has strategically collaborated with leading entities such as Tata Steel, Tata Motors, Mukand (a Bajaj Group company), Supreme Petrochem, Xpro India, Neosym Industry, Chalet Hotels, Sanyo Special Steel Manufacturing India, ANAND Group, Endurance Technologies, among others. These collaborations underscore TPREL’s commitment to providing customized clean energy solutions tailored to the unique needs of each industry.
TPREL is poised to construct a 41-megawatt (MW) captive solar plant for Tata Power’s upcoming 4.3-GW Solar cell and module manufacturing facility in Tamil Nadu. This initiative further solidifies TPREL’s position as a critical player in advancing renewable energy solutions in India.
Expressing pride in the accomplishment, Deepesh Nanda, CEO & MD of TPREL, stated, “Crossing the 1.4-GW mark is not just a milestone for us but a testament to our continuous dedication to sustainability and our contribution towards the country’s green energy ambition. We take pride in our role as a catalyst for positive change, delivering customised clean energy solutions that align with the unique needs of each industry. This achievement represents our shared journey towards a greener, more sustainable future.”
As of October 2023, TPREL’s overall renewables capacity has reached 7,961 MW. This comprises 3,755 MW of projects in different phases of development and an operating capacity of 4,206 MW. The operational capacity includes 3,200 MW in solar projects and 1,006 MW in wind projects. TPREL continues to reinforce its position as a critical player in the renewable energy sector.
TPREL maintains a robust pipeline of renewable projects under finalization, indicating a continuous commitment to expanding its capacity in the coming months. This reiterates TPREL’s dedication to accelerating the energy transition and contributing to a more sustainable and environmentally friendly future.
Tata Power Renewable Energy’s milestone in group captive projects reflects its achievements and its role as a driver of positive change in India’s renewable energy landscape. As the company continues to forge strategic partnerships and enhance its renewable portfolio, it stands at the forefront of India’s journey towards a greener, more sustainable energy future.
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