Tata Power’s subsidiary -- Tata Power Renewable Energy (TPREL) has signed a Power Delivery Agreement (PDA) with Supreme Petrochem for a 12.5 MW group captive project through a SPV - TP Saturn. Located in Achegaon, Maharashtra, the plant will generate around 27.5 million units (MUs) of renewable power annually.
Supreme Petrochem is market leader in polystyrene and expandable polystyrene in India and is currently putting up an ABS plant (70 KTA) with a continuous mass process, a low-carbon footprint technology. The Company is committed to use the clean energy to run its production units. The plant is expected to reduce carbon emissions by 20,075 metric tonnes per annum and is expected to be operational within eight months of the PDA signing.
Tata Power Company is India’s largest integrated power company.
