24 Apr, EOD - Indian

SENSEX 79801.43 (-0.39)

Nifty 50 24246.7 (-0.34)

Nifty Bank 55201.4 (-0.30)

Nifty IT 35307.1 (-0.30)

Nifty Midcap 100 54969.85 (-0.13)

Nifty Next 50 65900.8 (-0.15)

Nifty Pharma 21974.6 (1.08)

Nifty Smallcap 100 16963.5 (-0.04)

24 Apr, EOD - Global

NIKKEI 225 35527.39 (1.39)

HANG SENG 22217.06 (1.40)

S&P 5535 (0.21)


Corporate News

You are Here : Home > News > Corporate News >

(21 Apr 2025, 19:40)

Tata Power Renewable Energy signs PPA with Tata Motors

To co-develop 131 MW wind-solar hybrid renewable energy project


Tata Power¡¯s renewable energy arm, Tata Power Renewable Energy (TPREL)  and Tata Motors, have signed a landmark Power Purchase Agreement (PPA) to co-develop a 131 MW wind-solar hybrid renewable energy project.

Set to generate approximately 300 million units of clean electricity annually, the project is expected to offset over 2 lakh tons of CO©ü emissions each year. Enabled through co-investment and a long-term PPA, 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, supporting the production of both commercial and passenger vehicles.

This initiative significantly advances the Tata Motors¡¯ clean energy transition for achieving its RE-100 commitment ahead of the 2030 target and accelerates meaningful progress toward climate-resilient operations. It also marks a major milestone in Tata Motors¡¯ sustainability roadmap, aligning with its broader ambition to achieve net-zero emissions and lead the shift towards environmentally responsible manufacturing.

By offering integrated Round-The-Clock (RTC) green energy solutions, TPREL helps these energy intensive industries meet their ESG and RE100 goals. It stands out among its peers due to its ability to combine solar, wind, floating solar, and battery storage into a hybrid model, providing reliable, uninterrupted clean power while optimizing costs.

With a pan-India presence, strong execution capabilities, and deep regulatory expertise, TPREL delivers scalable, customized energy solutions, positioning itself as a most trusted partner in India's clean energy transition, having recently surpassed 1.5 GW in group captive project capacity.

TPREL is driving the sustainable energy transition for a diverse range of Commercial & Industrial (C&I) sectors, including Steel, Automotive, Polymer, Hospitality, Retail, and Realty. It has collaborated with Tata Group entities, including Tata Steel, Tata Motors, Tata Communications, IHCL etc. to implement group captive solar projects, thereby advancing the Group¡¯s transition towards sustainable energy.

Under its Group Captive portfolio, TPREL currently operates approximately 478 MW of renewable energy capacity. In addition, nearly 1.1 GW of capacity are at various stages of implementation and will be completed in next 6-24 months. With this order, the total Group Captive capacity will be over 1.5 GW.


More News
More Company News View Company Information

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +