21-04-2025
Tata Power Renewable signs 131 MW wind-solar hybrid PPA with Tata Motors
New Delhi:
Tata Power Renewable Energy
Limited (TPREL), a subsidiary of Tata Power, has signed a
Power Purchase Agreement (PPA)
with
Tata Motors
for the joint development of a 131 MW wind-solar hybrid
renewable energy
project.
The project is expected to generate approximately 300 million units (MUs) of renewable electricity annually and offset over two lakh tonnes of carbon dioxide emissions each year. The hybrid system will supply clean energy to Tata Motors' six manufacturing facilities located in Maharashtra and Gujarat.
The PPA is structured under a group captive model, where both companies have committed co-investment. The agreement supports Tata Motors' RE100 target to achieve 100% renewable electricity consumption ahead of the 2030 deadline.
'This integrated wind-solar hybrid solution will provide a reliable supply of green, cost-effective energy exclusively to Tata Motors' six manufacturing facilities in Maharashtra and Gujarat,' Tata Power Renewable said in a statement.
With this agreement, Tata Power Renewable's group captive portfolio has crossed 1.5 GW. Of this, 478 MW is operational, and nearly 1.1 GW is in various stages of implementation. These projects are expected to be completed within the next 6 to 24 months.
TPREL is developing customised round-the-clock (RTC) energy solutions combining solar, wind, floating solar, and battery storage to offer uninterrupted clean power. The company serves multiple commercial and industrial sectors, including steel, automotive, polymer, hospitality, retail, and realty.
The Tata Group has also implemented group captive projects across other companies such as Tata Steel, Tata Communications, and Indian Hotels Company Ltd (IHCL), underlining a larger push toward renewable energy within the group.
TPREL said its focus remains on helping high-energy-consuming sectors achieve their Environmental, Social and Governance (ESG) goals and RE100 commitments.
