India : Tata Power Renewable Energy Limited (TPREL), a major player in India’s integrated power sector and a subsidiary of the Company, has entered into a power delivery contract with Tata Communications Limited (Tata Communications), a prominent player in communications technology (commtech), for an 18.75 MW AC group captive solar power facility.
- The endeavor, carried out via a special purpose vehicle (SPV) named Nivade Windfarm Limited, has garnered an estimated order value of ₹ 105 crore. Situated in Aachegaon, Maharashtra, the facility is expected to produce around 40 million units (MUs) of power annually and mitigate over 30,000 tonnes of CO2 emissions each year.
- By integrating renewable energy sources into its energy consumption blend, Tata Communications reaffirms its dedication to environmental stewardship and the adoption of eco-friendly energy alternatives. Embracing the decision to embrace sustainability not only underscores the practicality and significant advantages of sustainable energy practices but also mirrors the broader industry initiatives aimed at minimizing environmental footprints and fostering a more sustainable and responsible business environment.
- Mr. Deepesh Nanda, CEO and Managing Director of Tata Power Renewable Energy Limited, expressed his satisfaction with the partnership, stating, “We are delighted to collaborate with Tata Communications to facilitate their shift towards renewable energy and contribute to their advancement in the digital ecosystem, positioning them as a market leader in the Commtech industry. Our tailored green energy solutions, such as Group Captive Solar, are designed not only to decrease operational expenses but also to enhance energy efficiency, thereby fostering a sustainable and forward-looking sector.”