Tata Power and Tata Steel have come together to develop grid-connected solar plants in Jharkhand and Odisha. The two companies have signed a Power Purchase Agreement (PPA) for a duration of 25 years to set up 41MW solar project, which will be a combination of rooftop, floating and ground mounted solar panels.
Under the project, Tata Power will develop Photo Voltaic (PV) capacities for Tata Steel at Jamshedpur (21.97MWp) and Kalinganagar (19.22MWp).
Tata Power and Tata Steel have constantly explored opportunities to exploit renewable energy sources, which is the best way of mitigating the impact of climate change.
Tata Power Company is India’s largest integrated power company.
