Tata Power Renewable Energy Limited (TPREL), a key player in India’s renewable energy sector and a subsidiary of Tata Power has signed a Group Captive Power Delivery Agreement (PDA) for 4.4 MW AC with ANAND Group, a global leader in automotive systems and parts. This collaboration will enable TPREL to generate 10 million units of clean energy through renewable sources, prohibiting approximately 5500 tonnes of carbon emissions annually.
Speaking about the development, Mr. Ashish Khanna, CEO, of Tata Power Renewable Energy Limited, said, “We are pleased to support the ANAND Group as it embarks on its clean energy transformative journey. This group captive project highlights our commitment to support the automotive industry in becoming more sustainable and environmentally focussed.”
Mr. Rajeev Gera, President – Business Development & Corporate Materials, at ANAND Group, added, “In the spirit of sustainable collaboration, the project marks the union of visionaries and targeted goals to develop green energy. As Tata Power Renewable and ANAND Group join hands in this group captive project, we are together setting the path—and new benchmarks—for a greener future together.”
Previously, Tata Power and the ANAND Group jointly established a 10.1-MW Solar PV park in Maharashtra, India. This Group Captive Power Purchase Agreement highlights the united efforts of Tata Power Renewable Energy Limited and ANAND in championing renewable energy adoption.
This approach not only provides cost-effective renewable energy access to multiple stakeholders but also aligns with the government’s sustainability goals. With this addition, TPREL’s total renewables capacity reaches 7,787 MW, including 3,655 MW in various stages of implementation and an operational capacity of 4,132 MW, comprising 3,139 MW solar and 993 MW wind projects.
