
Tata Motors signs PPA to secure 131 MW green energy for 6 plants in Maharashtra, Gujarat
This is part of Tata Motors' sustainability roadmap which is aligned with its broader ambition to achieve net-zero emissions and lead the shift towards environmentally responsible manufacturing.
Vishal Badshah, Vice President – Operations, Commercial Vehicles, Tata Motors, said, 'This project reinforces our commitment to integrate renewable energy into our operations and reducing our carbon footprint while meeting our RE-100 goals. It also reflects our broader purpose of delivering mobility solutions that are sustainable at every stage—from production to performance.'
Pramod Choudhary, Vice President – Operations, Tata Motors Passenger Vehicles, said , 'With this PPA our plants in Maharashtra and Gujarat will take a significant leap in our journey towards Green Manufacturing, complementing India's green transition. It's a defining step towards making our Passenger Vehicle Operations greener, smarter, and more resilient on sustainable basis.'
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Economic Times
26 minutes ago
- Economic Times
Car sales inch up in July after two-month slump; industry pins hopes on festive cheer
Agencies Representative image Domestic passenger vehicle sales rose about 1% in July, marking a slight recovery after two straight months of decline, amid persistently sluggish consumer are cautiously optimistic that sales will accelerate further during the coming festive season, starting with Onam in many as 348,000 cars, sedans, and utility vehicles were dispatched from factories to dealerships last month, compared with 344,000 vehicles in July 2024, according to industry estimates. Retail sales were flat at about 328,000 vehicles last month. At the country's largest carmaker Maruti Suzuki, wholesale volumes were largely unchanged at 137,776 vehicles last month. Partho Banerjee, senior executive officer (marketing and sales) said while Maruti has seen an uptick in bookings ahead of the festive season, starting with Onam in Kerala, conversions are slow. 'Growth in rural markets which stood at about 10% last year, has now come down to 2-3%. In urban areas, with layoffs in the IT sector, buyers are cautious,' Banerjee said, adding, 'We have, however, seen an increase in bookings which is a positive sign.' 'With the advent of the festive season, as things stabilise, we expect the demand momentum to pick up,' said Banerjee. Maruti Suzuki has so far recorded a 10% increase in bookings in Kerala. Korean rival Hyundai Motor India too saw sales dip by 10% to 43,973 vehicles in July. Tarun Garg, chief operating officer, said, 'While the overall auto industry has seen some softness in recent months, we remain optimistic with the onset of the festive season and are fully geared up with robust supply and product offerings.'Meanwhile, Tata Motors saw passenger vehicle sales decline by 12% to 39,521 units last month. At Toyota Kirloskar Motor too, sales fell by 1.2% to 29,159 vehicles in July. Mahindra & Mahindra (M&M) and JSW MG Motor India were among the few to buck the sluggish industry trend, recording an increase in wholesale volumes in July. While sales at Mahindra climbed 20% to 49,871 vehicles, JSW MG posted a 46% surge to 6,678 vehicles. Nalinikanth Gollagunta, CEO (automotive division) at M&M said, 'Our SUV growth has been supported by the recent launch of XUV 3XO 'REVX' Series & the commencement of deliveries for Pack two variants of the BE 6 and XUV 9E models.' In the commercial vehicle segment, market leader Tata Motors posted a 4% sales growth at 26,432 units in July. Chennai-based Ashok Leyland recorded a similar 4% rise to 13,501 units while VE Commercial Vehicles' sales of Eicher branded trucks and buses grew 6% to 6,410 units. Two-wheeler sales remained healthy in the month under review. At TVS Motor Company, domestic two-wheeler sales increased 21% to 308,720 units in July. Royal Enfield reported a 25% growth at 76,254 units. In the farm equipment segment, market leader M&M sold 26,990 tractors last month, a 5% increase from a year earlier.'This performance was driven by sustained land preparation activities, supported by robust cash flows in rural markets following the conclusion of Rabi crop harvesting," said Veejay Nakra, president (farm equipment business) at M&M. 'Additionally, the normal progression of monsoon across most regions further contributed to good demand during the onset of sowing for the Kharif season."


Time of India
2 hours ago
- Time of India
Tata Motors to supply 100 Magna EV intercity coaches to UBS' EV arm GEMS
Tata Motors has signed a Memorandum of Understanding (MoU) with Green Energy Mobility Solutions (GEMS), the newly formed electric mobility subsidiary of Universal Bus Services (UBS), to supply 100 units of its Magna electric intercity coaches . The agreement was formalised during the Passenger Vehicle Expo 2.0 in Chennai. GEMS, backed by UBS — a key player in South India's intercity bus segment — is leading the group's transition to electric mobility by deploying zero-emission buses and charging infrastructure across its routes. The MoU was signed in the presence of Tamil Nadu's Minister for Industries, T R B Rajaa, who welcomed the development. 'This initiative directly benefits the people of Tamil Nadu by offering cleaner travel options and affirms our commitment to building a future-ready, sustainable transport ecosystem ,' he said. The partnership is expected to give a significant push to the electrification of intercity travel in the region. Tata's Magna electric coaches, designed for long-haul operations, are seen as a key enabler in making sustainable mobility viable beyond urban centres. With this deal, Tata Motors further consolidates its position in the commercial EV segment , aligning with national and state-level goals on carbon reduction and electrification of public transport.


Time of India
2 hours ago
- Time of India
Auto companies to meet PLI goals a year earlier
New Delhi: The Central government expects beneficiaries of the production-linked incentive programme for automobiles and auto components ( PLI-Auto ) to achieve targets and exhaust the scheme funds in the fourth year itself. The government approved the scheme in September 2021 with a ₹25,938 crore budgetary outlay. Incentives are disbursed for meeting goals including incremental production, investment and domestic value addition 2023-24 onwards. A senior official aware of the scheme's progress said the goal will likely be met a year ahead of expectations. The Centre's goal has been to create global champions and that it is on track, the official said, brushing aside criticism that many small auto component makers are not meeting scheme goals, or are completely excluded from it. Tata Motors , Mahindra & Mahindra, Bajaj Auto , Ola Electric and TVS Motor Co are among the major companies that have raised claims under the scheme till now. "Budgetary fund allocation for current fiscal is expected to be exhausted in a few trend suggests there will be much higher disbursements in next two years," another senior official told ET. Budget 2025-26 earmarked ₹2,818.85 crore for disbursal under this scheme. Five automobile companies have raised claims totalling more than ₹2,000 crore for achieving the scheme's goals in FY25. Officials said ₹322 crore have been released so far for FY24. While auto companies are faring well, there are concerns about component makers not meeting goals.