Joint Venture24 Oct 2024, 06:00 pm
Tata Power and Keppel Collaborate to Launch Cooling-as-a-Service Solutions in India
AI Summary
Tata Power Trading Company Limited, a subsidiary of Tata Power, and Keppel, a Singapore-based global asset manager, have entered into a collaboration to launch sustainable Cooling-as-a-Service (CaaS) solutions in India. The collaboration aims to provide state-of-the-art CaaS solutions, delivered through large-scale District Cooling Systems and individual building systems, to serve India’s key urban areas, commercial and industrial sectors. The focus is on high-demand environments, such as airports, IT parks, Special Economic Zones, data centres, and other industrial and commercial properties. The partnership aims to reduce energy use by up to 40% and cut carbon emissions by up to 50%.
Key Highlights
- Tata Power and Keppel have entered into a collaboration to launch Cooling-as-a-Service (CaaS) solutions in India.
- The collaboration aims to provide state-of-the-art CaaS solutions, delivered through large-scale District Cooling Systems and individual building systems.
- The focus is on high-demand environments, such as airports, IT parks, Special Economic Zones, data centres, and other industrial and commercial properties.
- The partnership aims to reduce energy use by up to 40% and cut carbon emissions by up to 50%.
- The implementation of CaaS can play a critical role in supporting India’s sustainability goals.