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Tata Power inks pact to develop Tata Motors’ 7 MW solar project in Uttarakhand

13 Oct 2022 Evaluate

Tata Power and Tata Motors have entered into a Power Purchase Agreement (PPA) for a 7 MW captive solar power project at its Pantnagar plant in Uttarakhand. Collectively, this installation is expected to generate 215 million units of electricity, potentially mitigating over 1.7 lakh tonnes of carbon emissions. This is equivalent to planting over 2.72 lakh teak trees over a lifetime.

Tata Power is working closely with Tata Motors on installing solar rooftop projects at some of their plants in India. These projects represent a significant step towards building a resilient and sustainable future for these manufacturing plants. To date, Tata Power has cumulatively installed 45 MW of solar rooftop across Tata Motors' PV and CV plants in Pune, Pantnagar, Jamshedpur and Dharwar.

Tata Power Company is India's Largest Integrated Power Company.

Peers
Company Name CMP
NTPC 328.55
Tata Power 363.25
Adani Power 203.70
Power Grid Corpn. 264.55
Adani Energy Solut. 1341.85
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