Credit: Tata Power Solar
Tata Power Renewable Energy (TPREL), a subsidiary of Indian power giant Tata Power, has signed a power purchase agreement (PPA) with US-based conglomerate GE to provide solar rooftop solutions for six manufacturing and services sites in India.
Tata Power will install solar rooftop projects at the sites located at Durgapur in West Bengal, Pallavaram and Hosur in Tamil Nadu, a multi-modal manufacturing site at Pune, an upcoming factory at Marhowra in Bihar and a maintenance facility at Roza in Uttar Pradesh.
The project will be carried out on a Build-Own-Operate (BOO) basis. The installation of the solar rooftop projects will help to generate over 1 million kWh of electricity per year, and will lead to an average tariff reduction of around 30%.
Ashish Khanna, president, Tata Power (Renewables), said: “The project underlines our leadership in project commissioning space and reflects GE’s commitment towards enhancing solar energy for its manufacturing units. It also demonstrates GE’s confidence in Tata Power capabilities in providing reliable solar power through competency in rooftop solutions. We are hopeful that the renewable segment will also be encouraged by these cost optimized energy solutions.”
Amit Kumar, vice president, supply chain - GE India and South-East Asia, said: “India is an important manufacturing base for GE and sustainability is at the core of our business. Generation of solar power at our manufacturing plants will help us in reducing our carbon footprint. The country has a lot of potential for solar rooftop projects which need to be harnessed to meet India’s energy needs for manufacturing.”
Tata Power Solar has commissioned more than 1.45GW of ground-mount utility scale and over 200MW of rooftop and distributed generation projects across the country till date. It was ranked the number one EPC rooftop solar player consistently for four years by Bridge to India.
Tata Power recently partnered with Coastal Gujarat Power Ltd (CGPL) to develop a universal rooftop solar installation for the entire village of Tunda in the Indian state of Gujarat. The firm also won 150MW in the most recent 1GW solar auction in Maharashtra.
The PV IndiaTech 2020 conference will continue to bring together all key domestic and overseas stakeholders, including government bodies, investors, and the leading companies today from manufacturing to O&M and asset management. To thrive globally as a major PV power beyond 2020, India has to succeed in unlocking its potential both to manufacture and to lay claim to quality utility-scale solar farms that are providing high returns on investment to site owners.