BluSmart, India’s premier eMobility ride-hailing service and EV charging infrastructure network, proudly announces a groundbreaking multi-year Power Purchase Agreement (PPA) with Tata Power Trading Company Ltd. (TPTCL), a wholly-owned subsidiary of Tata Power, one of India’s largest integrated power companies.
This signifies BluSmart’s commitment to decarbonizing mobility at scale and supporting India’s net-zero ambitions. Under the PPA, TPTCL will source 30 MW capacity from Tata Power’s 200 MW Solar PV power plant in Bikaner district, Rajasthan. With its Category-I Trading License, TPTCL offers customers the opportunity to optimize energy costs and meet sustainability goals. Enabled by the Green Energy Open Access Rules, this partnership allows BluSmart to eliminate Scope 2 emissions from its existing EV charging infrastructure and future hubs.
BluSmart thus becomes India’s first mobility player to transition from zero tailpipe emissions to a zero-emissions company. BluSmart’s integrated energy-infrastructure-mobility business, powered by its indigenous born-electric technology stack, operates nearly 6,000 BluSmart EVs, completing over 12 million all-electric trips and covering 400 million all-electric kilometers. With 4,000 EV Chargers across 35 superhubs spanning 1.4 million square feet in Delhi NCR and Bangalore, BluSmart has surpassed USD 55 million in annual revenue and is growing at over 100% year-on-year.
Speaking about the development, Punit Goyal, Co-founder, BluSmart, said, “While BluSmart operates an all-electric eMobility ridehailing fleet which contributes to zero tailpipe emissions, with this significant partnership with Tata Power Trading Company, it bears testament to its commitment to address the impact of global climate change and achieving the ‘zero-emissions’ status. We are paving the path to fully decarbonize mobility at scale and are excited to further cement our alliance with Tata Power as we power our EV charging infrastructure with 100% clean electricity. BluSmart has already covered 0.4 billion electric kms since launch till date, and we are excited that the journey to 1 billion electric kms will now be powered by 100% renewable energy”.
“Tata Power Trading Company has been at the forefront of promoting clean and alternative energy adoption through customized offerings. Our partnership with BluSmart will help them in decarbonizing mobility in the country. We are committed to support multiple industries in achieving their RE Goals through our sustainable, innovative and affordable energy solutions. ” added Tarun Katiyar, CEO, Tata Power Trading Company Ltd.
