Tata Power Renewables and Sanyo Special Steel join for 28-MW solar plant

04 Sep 2023 CW Team

As per the statement, TPREL and SSMI are collaborating to create a 28.125 MW AC (39.375 MWp) captive solar plant in Aachegaon, located in the Solapur district of Maharashtra. It was stated that this plant is anticipated to generate 61.875 million units (MUs) of electricity annually, effectively fulfilling the energy requirements of SSMI's steel manufacturing unit. Additionally, this initiative is projected to reduce SSMI's annual carbon footprint by 42,534 tonnes.

The project is scheduled to be commissioned by March 2024, as per the agreed-upon timeline. This endeavour aligns with SSMI's long-term strategy to combat climate change by decreasing reliance on fossil fuel-based energy sources, lowering carbon emissions, and fostering the production of environmentally friendly steel.

Ashish Khanna, the CEO of Tata Power Renewable Energy, emphasised, "These initiatives offer numerous benefits such as cost reduction, reduced emissions, improved energy security, and alignment with sustainability objectives. The government's focus on captive power projects, driven by their economic and environmental advantages, underscores their significance for various industries."

Dilipkumar Pachpande, the Managing Director of Sanyo Special Steel Manufacturing India, expressed, "This collaboration perfectly reflects our commitment to clean and green energy solutions, which not only align with our goals related to climate change and sustainable development but also significantly benefit our steel manufacturing unit by reducing CO2 emissions and expenses, enhancing sustainability, and contributing to carbon-neutral goals by producing environmentally friendly steel."

Also read:
Bridgestone brings ENLITEN technology to motorsports
Tata Passenger Electric Mobility introduces new brand identity

Tata Power Renewable Energy (TPREL) announced its partnership with Sanyo Special Steel Manufacturing India (SSMI) to establish a 28.12-megawatt green energy plant in Maharashtra. TPREL, a subsidiary of Tata Power, revealed that it had entered into a Power Delivery Agreement (PDA) with SSMI through its Special Purpose Vehicle (SPV) TP Alpha. As per the statement, TPREL and SSMI are collaborating to create a 28.125 MW AC (39.375 MWp) captive solar plant in Aachegaon, located in the Solapur district of Maharashtra. It was stated that this plant is anticipated to generate 61.875 million units (MUs) of electricity annually, effectively fulfilling the energy requirements of SSMI's steel manufacturing unit. Additionally, this initiative is projected to reduce SSMI's annual carbon footprint by 42,534 tonnes. The project is scheduled to be commissioned by March 2024, as per the agreed-upon timeline. This endeavour aligns with SSMI's long-term strategy to combat climate change by decreasing reliance on fossil fuel-based energy sources, lowering carbon emissions, and fostering the production of environmentally friendly steel. Ashish Khanna, the CEO of Tata Power Renewable Energy, emphasised, These initiatives offer numerous benefits such as cost reduction, reduced emissions, improved energy security, and alignment with sustainability objectives. The government's focus on captive power projects, driven by their economic and environmental advantages, underscores their significance for various industries. Dilipkumar Pachpande, the Managing Director of Sanyo Special Steel Manufacturing India, expressed, This collaboration perfectly reflects our commitment to clean and green energy solutions, which not only align with our goals related to climate change and sustainable development but also significantly benefit our steel manufacturing unit by reducing CO2 emissions and expenses, enhancing sustainability, and contributing to carbon-neutral goals by producing environmentally friendly steel. Also read: Bridgestone brings ENLITEN technology to motorsportsTata Passenger Electric Mobility introduces new brand identity

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

Resources

16 Sep 2025

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Real Estate

16 Sep 2025

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..