Tata Power collaborates with Tata Steel to set up grid connected solar projects

The projects will be a mix of rooftops, floating and ground-mounted solar panels.

Tata Power and Tata Steel have come together to develop grid-connected solar plants in Jharkhand and Odisha. The two companies have signed a Power Purchase Agreement (PPA) for a duration of 25 years to set up a 41MW solar project, which will be a combination of rooftop, floating and ground-mounted solar panels. Under the project, Tata Power will develop Photovoltaic (PV) capacities for Tata Steel at Jamshedpur (21.97MWp) and Kalinganagar (19.22MWp).

Under the PPA, at Jamshedpur, Tata Power will develop rooftops PV with 7.57 MWp capacity, while floating and ground-mounted capacity would be 10.80 MWp and 3.6MWp, respectively. The ground-mounted PV will be installed at Sonari Airport, Jamshedpur. Kalinganagar will have 9.12 MWp rooftop PV capacities, and floating PV will constitute 10.10 MWp.

The estimated energy generation through 41.19MWp solar project is 6, 02, 80,095 kWh for the first year. During its lifetime (i.e. for 25 years), the total energy generation would be 1,40,93,61,488 kWh. The project will help save 45210 tonnes of CO2 per year and 1057021 tonnes during its lifetime (25 years).

T.V Narendran, CEO & MD, Tata Steel, says “At Tata Steel, sustainability has always been a core principle that is embedded in its business philosophy and is backed by a long-term, holistic vision of achieving identified targets. We have taken several definitive steps across the value chain to reinforce our sustainability credentials. In the recent past, power generation from solar and non-conventional energy sources have gained momentum across our operating locations. We will continue with our pursuit of clean energy solutions and expand our renewable energy footprint.”

Talking of the partnership, Dr Praveer Sinha, CEO & MD, Tata Power, said “We are glad to collaborate with Tata Steel to help them reduce their carbon footprint and reaffirm the Tata Group’s commitment towards the adoption of clean energy. Tata Power and Tata Steel have been collaborating for a long time to meet the energy requirements through cleaner means. This blended solar PV project is yet another milestone in our shared vision of a better tomorrow and we look forward to working closely with them for covering all their other plants across the country.”

In line with India’s Nationally Determined Contributions (NDC), Tata Power has furthered its vision for a sustainable tomorrow with its commitment to achieving carbon neutrality before 2050. The company has a focused 3D framework of decarbonisation, decentralisation and digitisation and is committed to empower billion lives through sustainable, affordable and innovative energy solutions. The company is pursuing 2 GW of Solar and hybrid capabilities annually to grow more than 25 GW by 2030.

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Tata Steel is investing in enabling long term sustainable solutions in logistics and supply chain and has pioneered the Electric Vehicles for transportation of finished steel in the country.