Tata Motors and Tata Power on Wednesday entered in a Power Purchase Agreement (PPA) to establish a 4 MWp on-site solar project at Tata Motors’ Pune plant.
The installation is collectively expected to generate 5.8 million units of electricity, potentially mitigating over 10 lakh tonnes of carbon emission, stated a press release.
“It has been our continuous endeavour to reduce greenhouse gas emissions to achieve Net Zero Emission goal. We have been exploring different avenues and business models for using renewable energy to promote sustainable business growth. In FY22, the total renewable energy contribution at our CV Pune plant was 32 percent. With this agreement, we reaffirm our commitment to moving closer to our goals of cultivating 100% renewable energy capacity,” said Alok Kumar Singh, Plant Head, Commercial Vehicle Manufacturing Facility, Tata Motors.
Tata Motors stated that the step has been taken by the company to increase the proportion of renewable energy usage in its operations.
In FY22, across all its plants in India, the company generated 92.39 million kWh of renewable electricity for its manufacturing operations, which is 19.4% of the total power consumption leading to avoidance of 72,992 metric tonnes of carbon dioxide equivalent and financial saving of Rs. 27.37 crore.
“Tata Power is pleased to collaborate with Tata Motors in supporting the expansion of green energy utilisation through this 4 MWp power project at its manufacturing facility in Pune . We are committed to working closely with all our partners and creating clean energy solutions for making their operations green and sustainable,” said Shivram Bikkina, Chief– Solar Rooftop, Tata Power.
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