BluSmart Collaborates with Tata Power to Source Green Power; Goes 100% Renewable to Decarbonise Mobility at Scale

livemint.com:

Gurugram, 23rd February, 2024: With the threat of climate change increasing by the day, green power has become the need of the hour. Across various industries, there is a growing recognition of the importance of transitioning to renewable energy sources to mitigate environmental impact and work towards achieving net-zero emissions goals. To bring India a step closer to procuring green power, BluSmart, India’s largest born-electric, fully integrated eMobility ride-hailing services and EV charging infrastructure network, proudly announces a multi-year Power Purchase Agreement (PPA) with Tata Power Trading Company Ltd.

(TPTCL), a wholly-owned subsidiary ofTata Power, one of India's largest integrated power companies. This strategic collaboration represents a significant milestone in BluSmart's dedication to scaling decarbonisation efforts in mobility and supporting India's aspirations for achieving net-zero emissions. Under this PPA, TPTCL will source a capacity of 30 MW from Tata Power's expansive 200 MW Solar PV power plant in the Bikaner district of Rajasthan.

Leveraging its Category-I Trading License in the power trading industry, TPTCL enables customers to optimise energy costs and advance their sustainability objectives. Empowered by the Green Energy Open Access Rules, this partnership with TPTCL enables BluSmart to fully eliminate Scope 2 emissions from its existing 1.4 million sq. ft.

of EV charging infrastructure and future charging hubs. This achievement positions BluSmart as the first mobility player in India to transition from zero tailpipe emissions to a zero-emissions company. BluSmart is establishing an integrated energy-infrastructure-mobility business, supported by its indigenous born-electric technology