Tata Power and NHPC Renewable Energy ink pact for solar initiative in govt buildings
PINAKI MAJUMDAR Advertisement Advertisement Jamshedpur, July 19: Tata Power Renewable Energy Limited (TPREL), a key player in India’s renewable energy landscape…
PINAKI MAJUMDAR
Jamshedpur, July 19: Tata Power Renewable Energy Limited (TPREL), a key player in India’s renewable energy landscape and a subsidiary of The Tata Power Company Limited, on Thursday announced the signing of a Memorandum of Understanding (MoU) with NHPC Renewable Energy Limited (NHPC-REL) to spearhead the installation of Rooftop Solar Projects (RTS Projects) across government buildings of central ministries, states, and union territories.
This initiative, under the ambitious PM Surya Ghar Yojna Scheme, aims for 100% solarization of government-owned buildings by December 2025.
This powerful alliance is set to support the transformation of India’s energy landscape by harnessing the untapped potential of rooftop spaces on government buildings, fostering a cleaner and greener future.
The MoU was signed yesterday at the NHPC Office Complex in Faridabad. Key signatories included Deepesh Nanda, CEO & MD of TPREL, and S.P. Rathour, CEO of NHPC-REL.
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The Ministry of New and Renewable Energy (MNRE) has appointed NHPC Limited as a Scheme Implementing Partner (SIP) to drive the RTS Projects, which will be carried out by its wholly-owned subsidiary, NHPC-REL. TPREL, a distinguished leader in the solar energy sector, brings extensive expertise to ensure the seamless and timely execution of these projects.
Deepesh Nanda, CEO & MD of Tata Power Renewable Energy Limited commented, “We are excited to join hands with NHPC-REL in this significant venture to solarize government buildings across India. This collaboration represents a major step forward in our shared vision of a sustainable and green energy future. By leveraging our combined strengths, we are confident in achieving our goal of 100% solarisation by 2025, setting a benchmark for renewable energy projects in the country.”
This partnership embodies a mutual commitment to sustainability and innovation in the renewable energy domain.
By combining forces, TPREL and NHPC-REL are poised to make significant strides toward India’s renewable energy objectives, setting new standards for future endeavours in the industry.
