TP Parivart to Build 70 MW Solar Plant for Tata Steel

TP Parivart, a key player in renewable energy, has struck a landmark Power Delivery Agreement (PDA) with Tata Steel for a major solar initiative. This partnership will bring to life a 70 MW group captive solar power plant located in Akola, Maharashtra, marking a significant step in sustainable energy.

The ambitious project is set to produce 154 million units (MUs) of electricity each year, showcasing its capability to meet substantial power needs while supporting environmental goals. This development is expected to make a notable impact on reducing carbon emissions, cutting down an impressive 115,000 tonnes annually.

As a subsidiary of Tata Power Renewable Energy (TPREL), which itself is a part of Tata Power, TP Parivart is poised to leverage its parent company's extensive expertise in the energy sector. This project aligns with Tata Power’s broader commitment to advancing renewable energy solutions.

The solar power plant will not only enhance the green energy portfolio but also contribute to the region’s economic growth by generating jobs and supporting local infrastructure.

This agreement underscores TP Parivart's strategic move towards sustainable energy, reinforcing its role in shaping a greener future and enhancing Tata Steel’s energy efficiency.

News by Rahul Yelligetti