Tata Power, Anand Group join forces for 4.4 MW RE captive project
POWER & RENEWABLE ENERGY

Tata Power, Anand Group join forces for 4.4 MW RE captive project

Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power dedicated to renewable energy, has entered into an agreement with the Anand Group, a prominent leader in the global automotive systems and parts industry, to establish a group captive power delivery arrangement (PDA) for a capacity of 4.4 MW AC.

Within the framework of this agreement, TPREL will oversee the generation of a substantial 10 million units of clean energy using renewable sources. This initiative is anticipated to effectively mitigate approximately 5500 tonnes of carbon emissions on an annual basis, perfectly in line with TPREL's overarching mission to forge a more environmentally friendly and cleaner future for its Commercial and Industrial (C&I) clienteles. By strategically harnessing the potential of renewable energy resources in collaboration with sustainability-oriented entities like the Anand Group, Tata Power aspires to establish a precedent, motivating other organisations to embrace ecologically conscious energy solutions.

Ashish Khanna, the CEO of TPREL, remarked, "This collective captive undertaking underscores our unwavering commitment to bolster the automotive sector's journey towards enhanced sustainability and environmental consciousness."

Notably, Tata Power and the Anand Group had previously collaborated on a Solar PV park power project, boasting a formidable capacity of 10.1 MW, situated in Maharashtra, India. 

This innovative approach presents a viable means of providing affordable access to renewable energy for multiple participants, harmonising with the government's broader objectives concerning sustainability.

Rajeev Gera, the President of Business Development and Corporate Materials at the Anand Group, articulated, "Embodying the spirit of sustainable collaboration, this project signifies the convergence of visionary outlooks and precise goals aimed at cultivating green energy. Through the synergistic partnership between Tata Power Renewable and the Anand Group in this group captive endeavour, we are collectively charting a course and setting novel benchmarks for a more sustainable future."

With this strategic addition, TPREL's overall renewable energy capacity surges to an impressive 7,787 MW, encompassing both projects at various stages of implementation totalling 3,655 MW and an operational capacity of 4,132 MW, of which 3,139 MW is attributed to solar projects and 993 MW to wind power.

Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power dedicated to renewable energy, has entered into an agreement with the Anand Group, a prominent leader in the global automotive systems and parts industry, to establish a group captive power delivery arrangement (PDA) for a capacity of 4.4 MW AC.Within the framework of this agreement, TPREL will oversee the generation of a substantial 10 million units of clean energy using renewable sources. This initiative is anticipated to effectively mitigate approximately 5500 tonnes of carbon emissions on an annual basis, perfectly in line with TPREL's overarching mission to forge a more environmentally friendly and cleaner future for its Commercial and Industrial (C&I) clienteles. By strategically harnessing the potential of renewable energy resources in collaboration with sustainability-oriented entities like the Anand Group, Tata Power aspires to establish a precedent, motivating other organisations to embrace ecologically conscious energy solutions.Ashish Khanna, the CEO of TPREL, remarked, This collective captive undertaking underscores our unwavering commitment to bolster the automotive sector's journey towards enhanced sustainability and environmental consciousness.Notably, Tata Power and the Anand Group had previously collaborated on a Solar PV park power project, boasting a formidable capacity of 10.1 MW, situated in Maharashtra, India. This innovative approach presents a viable means of providing affordable access to renewable energy for multiple participants, harmonising with the government's broader objectives concerning sustainability.Rajeev Gera, the President of Business Development and Corporate Materials at the Anand Group, articulated, Embodying the spirit of sustainable collaboration, this project signifies the convergence of visionary outlooks and precise goals aimed at cultivating green energy. Through the synergistic partnership between Tata Power Renewable and the Anand Group in this group captive endeavour, we are collectively charting a course and setting novel benchmarks for a more sustainable future.With this strategic addition, TPREL's overall renewable energy capacity surges to an impressive 7,787 MW, encompassing both projects at various stages of implementation totalling 3,655 MW and an operational capacity of 4,132 MW, of which 3,139 MW is attributed to solar projects and 993 MW to wind power.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code