Tata Power subsidiary wins 966 MW hybrid project for Tata Steel
POWER & RENEWABLE ENERGY

Tata Power subsidiary wins 966 MW hybrid project for Tata Steel

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.

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.

Next Story
Infrastructure Transport

Adani Ports, JSW to Ink Odisha Port Deals Worth Rs 180 Bn

Adani Ports and Special Economic Zone (APSEZ) and JSW Infrastructure are preparing to sign agreements with the Odisha government for the development of Gopalpur and Jatadhar Muhan ports, involving a total investment of approximately Rs 180 billion. These projects are expected to play a key role in strengthening Odisha’s industrial infrastructure, enhancing employment opportunities, and advancing the state's ambition to become a major logistics and industrial hub on India’s eastern coast.APSEZ, India’s largest private port operator, plans to invest around Rs 15,000 crore in the developmen..

Next Story
Technology

Magadh University, Centre to Set Up MSME Tech Hub in Joint Effort

Magadh University is set to sign a memorandum of understanding with the Union Ministry of Micro, Small and Medium Enterprises on Friday at Vigyan Bhavan, New Delhi, to establish an MSME Technology Centre on its Bodh Gaya campus. The signing ceremony will be held in the presence of President Droupadi Murmu.The university's syndicate approved the proposal earlier in the week. This initiative marks the first such collaboration between a state university and the Union MSME Ministry in India.The upcoming technology centre will offer skill development, diploma, and certificate-level courses in vario..

Next Story
Infrastructure Urban

AP Cabinet Clears New Land Pooling Plan for Amaravati Infrastructure

The Andhra Pradesh Cabinet has approved a fresh round of land pooling to facilitate infrastructure development in Amaravati, aiming to accommodate the future needs of the capital region. The decision was made during a cabinet meeting chaired by Chief Minister Chandrababu Naidu.The cabinet approved the formulation and implementation of the Capital Region Land Pooling Scheme Rules, 2025. These rules are designed to support the development of world-class infrastructure, including educational institutions, healthcare facilities, and administrative hubs in Amaravati. In line with orders from the Na..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?