Tata Power subsidiary wins 966 MW hybrid project for Tata Steel

13 Jun 2023 CW Team

Tata Power Renewable Energy, a subsidiary of Tata Power, has been awarded a contract to establish a round-the-clock hybrid renewable power project with a capacity of 966 MW for Tata Steel. The project will comprise a combination of solar and wind power, with 379 MW allocated to solar and 587 MW to wind, according to a statement from the company.

Tata Steel, recognised as one of the world's most geographically diversified steel producers, boasts an annual crude steel production capacity of 35 million tonnes per annum (MnTPA).

The implementation of this project will significantly contribute to fulfilling a substantial portion of Tata Steel's green energy requirements in India, resulting in an annual reduction of 2,389,160 tonnes of CO2 emissions.

Tata Steel will invest 26 percent equity in the project, which is scheduled to be commissioned by June 1, 2025, in accordance with the agreed-upon timeline.

Praveer Sinha, CEO & MD of Tata Power, expressed in the statement, "The 966 MW RTC (round the clock) hybrid renewable power project represents a significant milestone in our collective endeavors to accelerate the adoption of clean and sustainable energy in order to achieve the net-zero target."

T V Narendran, CEO & MD of Tata Steel, further added, "This agreement aligns with our vision for sustainability and will contribute to the reduction of carbon emissions associated with our operations. We firmly believe that renewable energy is the future, and this partnership enables us to take a step closer to achieving our net-zero target by 2045."

Following the addition of this project, Tata Power Renewable Energy's total renewables capacity has now reached 7,756 MW, with an installed capacity of 4,059 MW (including 3,107 MW of solar and 952 MW of wind), along with an additional 3,697 MW under various stages of implementation.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..