Tata Power Renewable and Tata Communications have signed a Rs 105 crore deal to establish an 18.75 MW captive solar plant in Maharashtra.
According to a statement from Tata Power, the captive solar plant will produce about 40 million units (MUs) of power each year. The plant located in Aachegaon, Maharashtra, will offset more than 30,000 tonnes of CO2 emissions.
“We have partnered with Tata Communications to support their transition to renewable energy. Our customized green energy solutions such as group captive solar will not only reduce operating costs but also increase energy efficiency,” said Deepesh Nanda, CEO and MD, TPREL.
