
Deals25 Feb 2025, 11:31 pm
Tata Power to Develop and Tie up 5000 MW of Renewable and Clean Energy in Assam with Rs. 30,000 crore Investment
AI Summary
Tata Power has signed a pivotal Memorandum of Understanding (MoU) with the Assam Government to tie up and support 5000 MW of renewable and clean energy projects comprising Solar, Wind, Hydro and Energy Storage in the state with Rs. 30,000 crore investment over the next 5 years. The collaboration will also include skill development programs and single-window clearances for statutory approvals. Tata Power's subsidiary TPREL has also signed an MoU with APDCL to scale up rooftop solar projects under the Pradhan Mantri Surya Ghar Muft Bijli Yojana, creating 3000 direct job opportunities.
Key Highlights
- Tata Power to develop and tie up 5000 MW of renewable and clean energy projects in Assam
- Investment of Rs. 30,000 crore over the next 5 years
- Collaboration includes skill development programs and single-window clearances
- Tata Power's subsidiary TPREL to scale up rooftop solar projects under PMSGY
- Creation of 3000 direct job opportunities