TPREL partners with Chalet Hotels for a greener future in India’s hospitality sector
By EPR Magazine Editorial September 2, 2023 6:52 pm IST
By EPR Magazine Editorial September 2, 2023 6:52 pm IST
Chalet Hotels Limited, an owner, developer, asset manager, and operator of high-end hotels, resorts, and a hotel-led mixed-use (TPREL), a leading renewable energy company in India and a subsidiary of The developer throughout India, signed a PDA (Power Delivery Agreement) of Group Captive Project for 6 MW AC with Tata Power Renewable Energy Limited Tata Power Company Limited.
According to this agreement, the facility will produce 13.75 million units of clean energy from renewable sources. Additionally, it will lower carbon emissions by 9762 tonnes annually, in line with the shared goal of the two businesses to create a better, cleaner future for the hotel sector.
TPREL is assisting numerous C&I clients in the steel, automotive, polymer, hospitality, retail, real estate, and other industries to harness the power of renewable energy for environmentally friendly operations.
Ashish Khanna, the CEO of Tata Power Renewable Energy Limited, commented on the association, “We are happy to join hands with Chalet Hotels Limited to generate renewable energy for its properties through the 6 MW AC (8.75 MWp) Group Captive project. This association will make clean energy usage mainstream and also support the decarbonisation of the hospitality industry.”
Sanjay Sethi, MD & CEO at Chalet Hotels Limited, remarked regarding this strategic alliance, “We are thrilled to partner with Tata Power Renewable Energy Limited on this significant initiative. This Power Delivery Agreement not only aligns with our sustainability goals but also supports India’s transition towards cleaner energy sources. With this collaboration to explore 6 MW AC for a Group Captive project, we are delighted to brighten our greener energy horizon. It is a win-win for both the environment and our stakeholders.”India’s dedication to promoting a sustainable energy environment is evidenced by the project’s compatibility with the nation’s clean energy objectives. This strategy supports widespread access to affordable renewable energy in keeping with the government’s larger sustainability goals.
Recently, TPREL entered into a Captive Power Delivery Agreement (PDA) for 4.4 megawatts (AC) with the ANAND Group, a renowned global leader in the automotive systems and parts industry, and a Power Delivery Agreement (PDA) with Sanyo Special Steel Manufacturing India Pvt. Ltd. for a Captive Solar Plant with a capacity of 28.125 megawatts (AC).
As a result of the capacity expansion of this project, TPREL now has a total renewable energy capacity of 7,821 MW, including 3,689 MW of projects that are in various phases of execution. Its operational capacity is 4,132 MW, which includes 3,139 MW of solar and 993 MW of wind energy.
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