Tata Power Renewable Energy Ltd. (TPREL) recently sealed an agreement for the development of a 43.75 MW Group Captive Solar Plant project for Mukand Industrial Machinery Ltd., a prominent Bajaj Group firm. This solar installation, situated in Jamkhed, Maharashtra, will annually generate 99.82 million units (MUs) of clean energy, thereby reducing 54,687 tonnes of CO2 emissions. Under the Power Delivery Agreement (PDA), TPREL will manage the entire lifecycle of the captive solar power plant, including construction, operation, and maintenance, as per Tata Power’s announcement on the Bombay Stock Exchange (BSE).
This project holds a dual purpose: addressing Mukand’s energy needs while championing sustainable practices within their stainless-steel manufacturing operations. Shashi Bhushan Upadhyay, President of Mukand Ltd, underscored the significance of this addition, elevating TPREL’s total renewable energy capacity to an impressive 7,946 MW. This encompasses 3,755 MW across projects in various stages of implementation and an operational capacity of 4,191 MW, comprising 3,185 MW of solar and 1,006 MW of wind power.
As a subsidiary of Tata Power Ltd, TPREL continues to play a pivotal role in advancing the organization’s commitment to renewable energy solutions. With this remarkable achievement, the journey towards a sustainable and energy-efficient future takes a significant stride forward.
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