Tata Power joins Viraj Profile for captive solar plant
POWER & RENEWABLE ENERGY

Tata Power joins Viraj Profile for captive solar plant

Tata Power Renewable Energy (TPREL), a subsidy of Tata Power, has collaborated with Mumbai-based stainless steel manufacturer Viraj Profiles to set up a 100-MW captive solar plant to provide power at its Tarapur plant. The plant will be located at Tata Power’s Nasik site and be commissioned by July 2023.

“We are pleased to announce the establishment of our new SPV (special purpose vehicle), TP Nanded, to construct a 100-MW solar power facility for Viraj Profiles. We believe that this will also inspire other energy-intensive sectors to join the movement for sustainable energy and shift their operations and services to clean energy sources,” said Ashish Khanna, chief executive of TPREL.

“Our alliance will work as a catalyst in achieving our sustainability goals toward carbon neutrality. This project will supply 50 per cent of our monthly electricity requirement,” said J P Garg, president, Viraj Profiles Ltd.

A press release said that with this plant, Viraj Profiles will become one of the first stainless steel long products manufacturing companies in India to use solar energy to run its manufacturing plant, reducing the company’s dependence on non-renewable power resources by about 50%.

It added that the plant would generate about 200 million units of energy and offset 170 million kg of carbon dioxide annually. As per captive generation rules, Tata Power will own 74 per cent of the generation while Viraj Profiles will own the rest.

See also:
Solar open access in Assam growing quickly
Suzlon bags energy project from Green Infra Wind Energy


Tata Power Renewable Energy (TPREL), a subsidy of Tata Power, has collaborated with Mumbai-based stainless steel manufacturer Viraj Profiles to set up a 100-MW captive solar plant to provide power at its Tarapur plant. The plant will be located at Tata Power’s Nasik site and be commissioned by July 2023. “We are pleased to announce the establishment of our new SPV (special purpose vehicle), TP Nanded, to construct a 100-MW solar power facility for Viraj Profiles. We believe that this will also inspire other energy-intensive sectors to join the movement for sustainable energy and shift their operations and services to clean energy sources,” said Ashish Khanna, chief executive of TPREL. “Our alliance will work as a catalyst in achieving our sustainability goals toward carbon neutrality. This project will supply 50 per cent of our monthly electricity requirement,” said J P Garg, president, Viraj Profiles Ltd. A press release said that with this plant, Viraj Profiles will become one of the first stainless steel long products manufacturing companies in India to use solar energy to run its manufacturing plant, reducing the company’s dependence on non-renewable power resources by about 50%. It added that the plant would generate about 200 million units of energy and offset 170 million kg of carbon dioxide annually. As per captive generation rules, Tata Power will own 74 per cent of the generation while Viraj Profiles will own the rest. See also: Solar open access in Assam growing quicklySuzlon bags energy project from Green Infra Wind Energy

Next Story
Infrastructure Transport

HG Infra Receives Key Bihar Project Approval from East Central Railway

HG Infra Engineering Ltd has recently received a crucial approval letter from East Central Railway (ECR) for a major railway project in Bihar. This development is expected to boost the company's growth prospects and strengthen its position in the infrastructure sector. The project involves significant infrastructure work, including the construction and enhancement of railway facilities in Bihar, a region known for its strategic importance in India?s rail network. The approval from ECR is a vital step in advancing the project, which is anticipated to contribute to improved transportation and re..

Next Story
Real Estate

Pune Railway Station to Get Heritage Redevelopment, Announces Minister

Railway Minister Ashwini Vaishnaw recently visited Pune Railway Station to announce a major redevelopment project focused on preserving and enhancing the station's heritage. The initiative aims to modernise the station while maintaining its historical charm and significance. The redevelopment project will involve extensive renovations and upgrades, including the restoration of historical architecture and the introduction of modern amenities. The plan includes enhancing passenger facilities, improving accessibility, and upgrading infrastructure to better handle the increasing passenger traffic..

Next Story
Infrastructure Energy

North Western Railway to Install 2 MW Rooftop Solar Power

The North Western Railway (NWR) is set to enhance its sustainability efforts by installing 2 megawatts (MW) of rooftop solar power across its facilities. This initiative marks a significant step in the railway's commitment to reducing its carbon footprint and embracing renewable energy sources. The project will involve the installation of solar panels on the rooftops of various railway buildings, including stations and administrative offices. By harnessing solar energy, the railway aims to offset a substantial portion of its electricity consumption, leading to both cost savings and environment..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000