Tata Power Renewable Energy Limited and NHPC Renewable Energy Limited Sign MoU for Major Solar Initiative Targeting Government Buildings

Tata Power Renewable Energy Limited has signed a Memorandum of Understanding (MoU) with NHPC Renewable Energy Limited (NHPC-REL). This partnership aims to lead the installation of Rooftop Solar Projects (RTS Projects) across government buildings of Central Ministries, States, and Union Territories. The initiative, under the ambitious PM Surya Ghar Yojna Scheme, targets 100% solarization of government-owned buildings by December 2025.

This alliance will harness the untapped potential of rooftop spaces on government buildings, fostering a cleaner and greener future for India. The MoU was signed on July 17, 2024, at the NHPC Office Complex in Faridabad. Key signatories included Sh. Deepesh Nanda, CEO & MD of TPREL, and Sh. S.P. Rathour, CEO of NHPC-REL. The signing was witnessed by notable officials, including Sh. R.P. Goyal, CMD; Sh. R.K. Chaudhary, Director (Technical) and i/c of Director (Projects); Sh. Uttam Lal, Director (Personnel); Sh. V.R. Shrivastava, ED (REGH) from NHPC, alongside Shri Bhavesh Bhayani and Shri Vikrant Dhankar from TPREL.

The Ministry of New and Renewable Energy (MNRE) has appointed NHPC Limited as a Scheme Implementing Partner (SIP) to drive the RTS Projects, which will be executed by its wholly-owned subsidiary, NHPC-REL. TPREL, a distinguished leader in the solar energy sector, brings extensive expertise to ensure the seamless and timely execution of these projects.

Mr. Deepesh Nanda, CEO & MD of Tata Power Renewable Energy Limited commented, “We are excited to join hands with NHPC-REL in this significant venture to solarize government buildings across India. This collaboration represents a major step forward in our shared vision of a sustainable and green energy future. By leveraging our combined strengths, we are confident in achieving our goal of 100% solarisation by 2025, setting a benchmark for renewable energy projects in the country.”Mr. R. P. Goyal, CMD NHPC added, “Partnering with Tata Power Renewables aligns perfectly with our mission to expand the use of renewable energy in India. This initiative will not only help us meet our solarisation targets but also contribute significantly to reducing the carbon footprint of government buildings. We look forward to a successful collaboration that paves the way for more sustainable energy solutions.”