Tata Power Renewable Energy Ltd (TPREL), a subsidiary of Tata Power, has solidified its commitment to a sustainable future by forging a Power Delivery Agreement (PDA) with Chalet Hotels Ltd. This agreement marks a significant step towards the establishment of a 6 MW AC Group Captive Project that will generate clean energy from renewable sources.
Under this pioneering collaboration, the envisaged plant is expected to churn out a substantial 13.75 million units of clean energy annually. Moreover, it is poised to make a substantial impact on environmental preservation by reducing carbon emissions by approximately 9,762 tonnes each year. This alignment with sustainability goals reflects the shared vision of both Tata Power Renewable Energy Ltd and Chalet Hotels Ltd to usher in a brighter, cleaner future for the hospitality industry.
TPREL has embarked on a mission to empower diverse Commercial and Industrial (C&I) consumers from various sectors, including steel, automotive, polymer, hospitality, retail, and realty, by enabling them to harness the potent potential of renewable energy for their sustainable operations.
Ashish Khanna, the CEO of Tata Power Renewable Energy Ltd, expressed his enthusiasm about this collaboration, stating, “We are happy to join hands with Chalet Hotels Ltd to generate renewable energy for its properties through a 6 MW AC (8.75 MWp) Group Captive project. This association will make clean energy usage mainstream and also support the decarbonization of the hospitality industry.”
Sanjay Sethi, the MD & CEO at Chalet Hotels Ltd, shared his thoughts on this strategic partnership, saying, “We are thrilled to partner with Tata Power Renewable Energy Ltd on this significant initiative. This Power Delivery Agreement not only aligns with our sustainability goals but also supports India’s transition towards cleaner energy sources. With this collaboration to explore 6 MW AC for a Group Captive project, we are delighted to brighten our greener energy horizon. It is a win-win for both the environment and our stakeholders.”
This project’s alignment with India’s clean energy goals underscores the country’s unwavering commitment to nurturing a sustainable energy ecosystem. This approach is poised to facilitate cost-effective access to renewable energy for multiple participants, in harmony with the government’s broader sustainability objectives.
In a recent development, TPREL also inked a Power Delivery Agreement (PDA) with Sanyo Special Steel Manufacturing India Pvt. Ltd. for a Captive Solar Plant boasting a capacity of 28.125 MW (AC) and a Captive Power Delivery Agreement (PDA) for 4.4 MW (AC) with the ANAND Group, a globally renowned leader in the automotive systems and parts industry.
With the addition of this project’s capacity, TPREL’s total renewables capacity soars to an impressive 7,821 MW, encompassing 3,689 MW across projects in various stages of implementation. The operational capacity of TPREL stands at 4,132 MW, including 3,139 MW in solar and 993 MW in wind power. This underscores the company’s unwavering commitment to driving India’s clean energy transition while forging impactful partnerships to create a greener and more sustainable future.