Tata Power Renewable Energy signs PDA for 4.4 MW AC Group Captive Solar Plant with Anand Group
Tata Power Renewable Energy Limited (TPREL), renewable energy subsidiary of Tata Power, signed a group captive power delivery agreement (PDA) for 4.4 MW AC with the Anand Group, a global automotive systems and parts industry leader.
Under this agreement, TPREL will facilitate the generation of 10 million units of clean energy through renewable sources. The project is expected to eliminate 5500 tonnes of carbon emissions annually, aligning with TPREL's mission to create a greener and cleaner future for its Commercial and Industrial (C&I) customers.
By leveraging the power of renewable energy sources with sustainability-focused Groups such as Anand, Tata Power aims to set a precedent for other organizations to follow suit and invest in eco-friendly energy solutions.
Ashish Khanna, CEO, TPREL said, «This group captive project highlights our commitment to support the automotive industry in becoming more sustainable and environmentally focussed.”
Previously, Tata Power and the Anand Group collaborated for a 10.1-MW Solar PV park power project, located in Maharashtra, India.
This approach provides cost-effective renewable energy access for multiple participants, aligning with the government’s sustainability objectives.
Rajeev Gera, President — Business Development and Corporate Materials, Anand Group, said, „In the spirit of sustainable collaboration, the project marks the union of visionaries and targeted goals to develop green energy. As Tata Power Renewable and Anand Group join hands in this group captive project, we are together setting the path—and new benchmarks—for a greener future together.“
With this addition, the total renewables capacity of TPREL reaches 7,787 MW including 3,655 MW projects under various stages of
