Tata Power & Tata Motor collaborates to build 7 MWp solar project in Pune
POWER & RENEWABLE ENERGY

Tata Power & Tata Motor collaborates to build 7 MWp solar project in Pune

Tata Power and Tata Motors will partner up to build a 7 MWp solar rooftop project at Tata Motors' passenger car production in Chikhali, Pune.

For this solar project, both the firms signed a Power Purchase Agreement (PPA). The project is estimated to generate 23 million units of power while reducing CO2 emissions by 5.23 lakh tonnes.

The company told the media that this is the equivalent of planting 8.36 lakh trees over a lifetime.

It is the third phase of the two firms' combined 17 MWp on-site solar project, of which 10 MWp has already been installed.

Rajesh Khatri, Vice President, Operations, Tata Motors Passenger Vehicles, informed that to meet the Net Zero Emission target, Tata Motors has been working to reduce greenhouse gas emissions.

With a new deal with Tata Power to build a 7 MWp Roof Top Solar Factory at our Pune plant, they will get closer to our aim of using 100% renewable energy.

He said they will become India's largest onsite solar installation after commissioning this capacity.

Khatri added that Tata Motors' Pune facility, India's largest on-site solar project is a monument to their common objective of being green in their companies.

The project solidifies Tata Power's position as one of India's leading renewable energy companies, providing significant value to its partners via project execution and technical expertise.

In the fiscal year (FY) 2022, Tata Motors generated 92.39 million kWh of renewable electricity, accounting for over 19.4% of total power consumption.

It now plans to pursue renewable energy with more rigour to meet its 2030 objective of acquiring 100% renewable energy.

Image Source

Also read: Tata Power bags 300MW solar project worth Rs. 17.31 billion

Tata Power and Tata Motors will partner up to build a 7 MWp solar rooftop project at Tata Motors' passenger car production in Chikhali, Pune. For this solar project, both the firms signed a Power Purchase Agreement (PPA). The project is estimated to generate 23 million units of power while reducing CO2 emissions by 5.23 lakh tonnes. The company told the media that this is the equivalent of planting 8.36 lakh trees over a lifetime. It is the third phase of the two firms' combined 17 MWp on-site solar project, of which 10 MWp has already been installed. Rajesh Khatri, Vice President, Operations, Tata Motors Passenger Vehicles, informed that to meet the Net Zero Emission target, Tata Motors has been working to reduce greenhouse gas emissions. With a new deal with Tata Power to build a 7 MWp Roof Top Solar Factory at our Pune plant, they will get closer to our aim of using 100% renewable energy. He said they will become India's largest onsite solar installation after commissioning this capacity. Khatri added that Tata Motors' Pune facility, India's largest on-site solar project is a monument to their common objective of being green in their companies. The project solidifies Tata Power's position as one of India's leading renewable energy companies, providing significant value to its partners via project execution and technical expertise. In the fiscal year (FY) 2022, Tata Motors generated 92.39 million kWh of renewable electricity, accounting for over 19.4% of total power consumption. It now plans to pursue renewable energy with more rigour to meet its 2030 objective of acquiring 100% renewable energy. Image Source Also read: Tata Power bags 300MW solar project worth Rs. 17.31 billion

Next Story
Infrastructure Urban

Consistent reforms will foster growth and reduce investor risk

Incorporated in 1986 as a wholly owned subsidiary of State Bank of India, SBI Capital Markets Ltd (SBICAPS) is a SEBI-registered Category I merchant banker and research analyst. It offers the entire bouquet of investment banking and corporate advisory services under one umbrella, covering project advisory and structured financing, capital markets, mergers and acquisitions, private equity, ESG advisory, startup advisory and stressed assets resolution. Headquartered in Mumbai, SBICAPS has seven regional offices of which six are in India (Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata and New ..

Next Story
Infrastructure Urban

Adani Group Invests $240M in Global Skills Academy

The Adani Group has announced a partnership with ITE Education Services (ITEES) of Singapore to establish a world-class talent pipeline for industries such as Green Energy, Manufacturing, Hi-tech, Project Excellence, and Industrial Design. The initiative will see an investment of over $240 million by the Adani family to set up internationally benchmarked schools of excellence, named Adani Global Skills Academy. These finishing schools will train students from technical and vocational backgrounds, equipping them with industry-relevant certifications. Graduates will have employment opportunities..

Next Story
Infrastructure Urban

Swiggy to Invest $120M in Scootsy for Expansion

Food and grocery delivery giant Swiggy Ltd announced on Friday that it will invest up to $120 million in its wholly owned subsidiary Scootsy Logistics in one or more tranches. Scootsy specializes in supply chain services and distribution, including warehouse management, in-warehouse processing with value-added services, and order fulfillment for wholesalers and retailers. "We wish to inform that the Board of Directors of the company, at its meeting held on Friday, February 21, 2025, has approved the investment by the company in the equity shares of Scootsy Logistics Private Limited, a wholly..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?