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Tata Power, Tata Motors ink power purchase agreement

Saturday 15th Oct 2022    146
Tata Power, Tata Motors ink power purchase agreement
 

Tata Motors and Tata Power confirm Tata Group's commitment to promoting sustainable production and have entered into a Power Purchase Agreement (PPA) for a 7 MW internal solar project at the Pantnagar plant in Uttarakhand. Collectively, this facility is expected to generate 215 million units of electricity, potentially reducing more than 1.7 lakh tons of CO2 emissions. This is equivalent to planting more than 2.72 lakh teak trees in a lifetime.

Anal Vijay Singh, Plant Head, Pantnagar Plant, Tata Motors, said: “Having won several awards, our Pantnagar plant has always been commended for its efforts to reduce greenhouse gas emissions to achieve its net emissions target. Recognized throughout the industry for its long-standing successful energy conservation measures, this agreement strengthens our journey towards a cleaner and greener future.”

Tata Power is working closely with Tata Motors to install solar roof projects at some of their plants in India. These projects represent an important step towards building a resilient and sustainable future for these factories. To date, Tata Power has installed a total of 45 MW of rooftop solar on Tata Motors' PV and central heating installations in Pune, Pantnagar, Jamshedpur and Dharwar.

Tata Motors, as a signatory to the RE100, is committed to using 100 percent renewable energy in its operations and has taken many steps towards this goal by gradually increasing the share of renewable energy used in its operations. The company also plans to source renewable energy with greater accuracy to meet its goal of sourcing 100 percent renewable energy by 2030. In FY22, the company generated 92.39 million kWh of renewable electricity across all its plants in India for its manufacturing operations, which is 19.4% of total power consumption, leading to an avoidance of 72,992 metric tons of carbon dioxide equivalent and a financial saving of Rs 27.37 crore.

Tata Power has a proven track record of running multiple large solar roof solutions, including one of the world's largest rooftops (16 MW) at one site in Radhasoami Satsang Beas (RSSB), Amritsar; 2.67 MW carport at Cochin International Airport; one of the world's largest solar-powered (CCI) cricket stadiums with a capacity of 820.8 kWp in Mumbai; a unique installation of the solar vertical farm (120 kW) at Dell Technologies in Bengaluru; and 1.4 MW of floating solar at Nellore.

 
 
 
 

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