Tata Power and Tata Steel, the two flagship companies of the Tata Group, have come together to develop grid-connected solar plants in Jharkhand and Odisha. The two companies have signed a power purchase agreement (PPA) for a duration of 25 years to set up 41 MW solar project, which will be a combination of rooftop, floating and ground mounted solar panels. Under the project, Tata Power will develop photovoltaic (PV) capacities for Tata Steel at Jamshedpur (21.97 MWp) and Kalinganagar (19.22 MWp).
Under the PPA at Jamshedpur, Tata Power will develop rooftops PV with 7.57 MWp capacity, while floating and ground-mounted capacity would be 10.80 MWp and 3.6MWp, respectively. The ground mounted PV will be installed at Sonari Airport, Jamshedpur. Kalinganagar will have 9.12 MWp rooftop PV capacities, and floating PV will constitute 10.10 MWp.
The estimated energy generation through 41.19 MWp solar project is 6,02,80,095 kWh for the first year. During its lifetime (i.e. for 25 years), the total energy generation will be 1,40,93,61,488 kWh. The project will help save 45210 tonne of CO2 per year and 10,57,021 tonne during its lifetime (25 years).