Joint Venture1 Aug 2024, 04:18 am
TATA POWER Subsidiary to Set Up 70 MW Group Captive Solar Plant with Tata Steel in Maharashtra
AI Summary
TP Parivart Limited, a subsidiary of Tata Power Renewable Energy Limited (TPREL) and TPREL being a subsidiary of TATA POWER CO.LTD., has signed a Power Delivery Agreement with Tata Steel Limited for a 70 MW group captive solar power plant at Akola, Maharashtra. The project is expected to generate 154 million units (MUs) of power annually and reduce carbon emissions by 1,15,000 tonnes.
Key Highlights
- TP Parivart Limited, a subsidiary of Tata Power Renewable Energy Limited, has signed a Power Delivery Agreement with Tata Steel Limited
- The project is a 70 MW group captive solar power plant located at Akola, Maharashtra
- The plant is expected to generate 154 million units of power annually
- The project is expected to reduce carbon emissions by 1,15,000 tonnes
- Tata Power Renewable Energy Limited and TATA POWER CO.LTD. are the parent companies of TP Parivart Limited