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Tata Power’s arm signs Group Captive Power Delivery Agreement with ANAND Group

29 Aug 2023 Evaluate

Tata Power Company’s subsidiary -- Tata Power Renewable Energy (TPREL) has signed a Group Captive Power Delivery Agreement (PDA) for 4.4 MW AC with the ANAND Group, a global automotive systems and parts industry leader.

Under this agreement, TPREL will facilitate the generation of 10 million units of clean energy through renewable sources. The project is expected to eliminate 5500 tonnes of carbon emissions annually, aligning with TPREL’s mission to create a greener and cleaner future for its Commercial and Industrial (C & I) customers. By leveraging the power of renewable energy sources with sustainability-focused Groups such as ANAND, Tata Power aims to set a precedent for other organizations to follow suit and invest in eco-friendly energy solutions.

Tata Power Company is India’s largest integrated power company.


Tata Power Share Price

436.00 -3.20 (-0.73%)
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