Tata Power Renewable Energy Limited Partners with Endurance Technologies for Captive Solar Plant
Tata Power Renewable Energy Limited, a leading renewable energy player, has signed a Power Delivery Agreement with Endurance Technologies Limited, a prominent auto component manufacturer, for the development of a 12.5MW AC Captive Solar Plant in Aachegaon, Maharashtra. This project will generate 27.5 million units of electricity annually, reducing Endurance Technologies' carbon footprint and mitigating approximately 9,125 metric tonnes of carbon emissions annually. The company has demonstrated expertise in delivering captive energy solutions for various industries, including steel, hospitality, and realty.
Key Takeaways:
- Tata Power Renewable Energy Limited (TPREL) signed a Power Delivery Agreement with Endurance Technologies Limited for a 12.5MW AC Captive Solar Plant in Aachegaon, Maharashtra.
- The plant will generate 27.5 million units of electricity annually, reducing Endurance Technologies' carbon footprint and mitigating approximately 9,125 metric tonnes of carbon emissions annually.
- The project is expected to be completed within 12 months of the signing of the agreement.
- TPREL has demonstrated prowess in tailoring captive energy solutions for various industries like steel, hospitality, realty, auto components, polymer et al.
- The company has already experienced a fruitful partnership with a 12.5 MW captive solar power plant in Akkalkot, Maharashtra, which has an annual power generation capacity of 18.7 million units (MUs).
- Endurance Technologies Limited is committed to environmental responsibility and adopting eco-friendly energy alternatives through this partnership.
- The captive solar plant represents a pivotal milestone in Endurance Technologies Limited's journey towards green energy and vision for a sustainable future.
Statistics:
- 12.5MW AC Captive Solar Plant to be set up in Aachegaon, Maharashtra.
- 27.5 million units of electricity to be generated annually.
- Approximately 9,125 metric tonnes of carbon emissions to be mitigated annually.
- Project completion expected within 12 months of the signing of the agreement.
- TPREL has an operational capacity of 4,188 MW, comprising 3,185 MW of solar and 1,003 MW of wind energy.
- Total renewable energy portfolio of TPREL reaches 7,889 MW, including 3,701 MW of projects in various stages of implementation.
Sources:
- Tata Power Renewable Energy Limited. Power Delivery Agreement with Endurance Technologies Limited for Captive Solar Plant.
- Endurance Technologies Limited. Press Release: Collaboration with Tata Power Renewable Energy Limited for Captive Solar Power Plant.
- Gulfoilandgas.com. Tata Power Renewable Energy Limited signs agreement for captive solar plant.