On Monday, Tata Power Renewable Energy Ltd (TPREL) announced that it has reached a deal with Endurance Technologies Ltd for the construction of a 12.5 MW captive solar facility in Maharashtra.
According to a statement from TPREL, it has already signed a Power Delivery Agreement (PDA) in this regard with Endurance Technologies Ltd. The plant would be built in Maharashtra’s Aachegaon and produce 27.5 Million Units (MU) of electricity annually.
This will lessen Endurance Technologies’ carbon footprints and prevent about 9,125 metric tonnes (MT) of carbon emissions per year, the company claimed. Within a year of the PDA’s signing, the project is anticipated to be finished.
The establishment of a captive solar plant through our relationship with Endurance Technologies Ltd will assist them in implementing sustainable energy solutions, according to TPREL CEO Ashish Khanna. TPREL is committed to helping energy-intensive companies in a variety of industries actively implement green energy solutions and progress the country’s energy transition path, he added.
The proposed captive solar power project will bring TPREL, a Tata Power subsidiary, to a total renewable energy portfolio capacity of 7,889 MW. The company has a 4,188 MW operational capacity, which is made up of 1,003 MW of wind energy and 3,185 MW of solar energy.
