Gurugram , India : BluSmart, India’s premier born-electric, full-stack, vertically integrated eMobility ride-hailing service, and EV charging infrastructure network, proudly declares a pioneering multi-year Power Purchase Agreement (PPA) with Tata Power Trading Company Limited (TPTCL), a wholly-owned subsidiary of Tata Power – one of India’s largest integrated power companies, for sourcing green power. This strategic partnership represents a significant stride in BluSmart’s dedication to scaling up decarbonization in mobility and supporting India’s net-zero aspirations.
- Under the Power Purchase Agreement (PPA), Tata Power Trading Company Limited (TPTCL) will procure 30 MW capacity from BluSmart’s extensive 200 MW Solar PV power plant located in the Bikaner district of Rajasthan. TPTCL holds a unique position in the power trading industry, possessing a Category-I Trading License that enables customers to optimize energy costs and support sustainability goals.
- Facilitated by the recently enacted Green Energy Open Access Rules, this collaboration with TPTCL enables BluSmart to completely eliminate Scope 2 emissions from its existing 1.4 million sq. ft. of EV charging infrastructure as well as future charging hubs. With this initiative, BluSmart becomes the first mobility player in India to transition from zero tailpipe emissions to a zero-emissions company.
- BluSmart is constructing an integrated energy-infrastructure-mobility business, and its indigenous born-electric technology stack powers nearly 6,000 BluSmart EVs. Having completed over 12 million all-electric trips and covered 400 million all-electric kilometers, BluSmart has saved approximately 28,000 metric tons of CO2 since its inception.
- Additionally, BluSmart owns and operates 4,000 EV chargers across its 35 EV Charging superhubs spanning 1.4 million sq. ft. in densely populated megacities such as Delhi NCR and Bangalore. BluSmart has surpassed an annual revenue run-rate of USD 55 million and is experiencing growth of over 100% year-over-year.