Tata Power Renewable Energy Inks PPA with GE for Solar Rooftop Solns

The solar rooftop projects installation will help to generate over 1 million kWh of electricity per year, and will lead to an average tariff reduction of around 30 percent.

Tata Power’s wholly-owned arm Tata Power Renewable Energy has signed a power purchase agreement (PPA) with GE to provide solar rooftop solutions for 6 manufacturing and services sites in India.

Further, the project would be executed on Build-Own-Operate (BOO) basis, it said.

“Tata Power will install solar rooftop projects at manufacturing sites located at Durgapur in West Bengal, Pallavaram and Hosur in Tamil Nadu, multi-modal manufacturing site at Pune and upcoming factory at Marhowra in Bihar and maintenance facility at Roza in Uttar Pradesh,” the company said in a statement.

Moreover, the solar rooftop projects installation will help to generate over 1 million kWh of electricity per year, and will lead to an average tariff reduction of around 30 percent, it further added.

Commenting on the development, Tata Power (Renewables), President, Ashish Khanna said, “We are hopeful that the renewable segment will also be encouraged by these cost optimised energy solutions.”

“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,” said Amit Kumar, Vice President, Supply Chain – GE India and South-East Asia.

Source: PTI