TPREL TO SET UP A CAPTIVE POWER PLANT FOR TP SOLAR’S MANUFACTURING FACILITY

The captive solar project will be commissioned within 12 months from the signing of the Project Development Agreement (PDA)...

Image credit: Freepik

Tata Power Renewable Energy Ltd (TPREL) will set up a 41 MW captive solar plant at Thoothukudi, Tamil Nadu for TP Solar’s new greenfield 4.3 GW solar cell and module manufacturing facility located at Tirunelveli, Tamil Nadu. The captive plant will help generate 101 million units of electricity and offset around 72,000 metric tonnes of CO2 emissions annually.

TPREL has established TP Govardhan Creatives Limited, a specialized entity entrusted with the development, operation, and upkeep of this facility for TP Solar Ltd. TP Solar’s manufacturing plant is expected to start commercial production of cells and modules by FY 24-25. It is a subsidiary of Tata Power Renewable Energy limited.

Commenting on the project, Ashish Khanna, CEO, TPREL, said, “Green energy supply to our state-of-the-art 4.3 GW solar cell and module manufacturing facility from the captive solar plant is a shining example of our commitment to a sustainable transition to green energy. This arrangement will act as a model for all the upcoming solar component manufacturing facilities to source green energy for their production and the resulting domino effect will significantly contribute towards the country’s ambitious target of achieving 500 GW of non-fossil fuel-based energy capacity by the end of this decade.”

With this new captive solar plant, TPREL’s total capacity will expand to 7,877 MW including 3,720 MW of projects at different stages of implementation, and an operational capacity of 4,157 MW.

Tata Power Renewable Energy Limited (TPREL) is a subsidiary of The Tata Power Company Limited and is one of the country’s most significant renewable energy players.

Leave a Reply