TPREL, TATA MOTORS SIGN MOU FOR DEVELOPING A NEW ON CAMPUS SOLAR PLANT

A view of the display of the MoU between the two major Indian companies…

Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has signed a Power Purchase Agreement (PPA) for 9MWp on campus solar plant with Tata Motors’ Pantnagar plant in Uttarakhand. This solar plant will be the largest on campus solar facility in the state.

The solar installation is expected to reduce an estimated 25 tonnes of CO2/kWp in Uttarakhand. The project will be commissioned within six months from the PPA execution date. The solar installation will utilize ground mounted units for installation. In an earlier partnership, TPREL and Tata Motors successfully established a 7 MWp solar project at the Pantnagar manufacturing facility.

Commenting on the agreement, Ashish Khanna, CEO, Tata Power Renewable Energy Limited, said, “Tata Power Renewables with this partnership with Tata Motors is supporting India’s green energy future. The 9MWp solar power installation resonates our commitment to fostering the widespread adoption of eco-friendly clean energy solutions across industries.”

Expressing their view on the project, Vishal Badshah, Vice President, Commercial Vehicle Operations, Tata Motors Limited, said, “We are pivoting our business and operations making sustainability a key priority to fulfill our aspiration of net zero emissions. Increasing sourcing and use of renewable energy with a mix of onsite and offsite interventions at all our plants is an important element of our strategy to decarbonise operations. The addition of this solar power installation by Tata Power will make our Pantnagar plant greener and more efficient.”

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