- The project’s alignment with India’s clean energy goals demonstrates the country’s commitment to fostering a sustainable energy environment.
- The plant will provide 13.75 million units of clean energy and lead to approximately 9762 tonnes reduction in carbon emissions.
Tata Power Renewable Energy Limited (TPREL), a renewable energy company, has entered into a power delivery agreement (PDA) with Chalet Hotels Limited, a hotel resort development and management company across India. This agreement is for a 6-megawatt (MW) AC Group Captive Project. Under this arrangement, the project will produce 13.75 million units of clean energy from renewable sources and reduce carbon emissions by approximately 9762 tonnes annually. Both companies share a vision of promoting a cleaner and more sustainable future for the hospitality industry.
TPREL actively supports various commercial and industrial consumers, spanning industries such as steel, automotive, polymer, hospitality, retail, and real estate, in adopting renewable energy for their sustainable operations. Ashish Khanna, CEO of TPREL, expressed his satisfaction with the collaboration, highlighting that it will promote the widespread use of clean energy and contribute to the hospitality sector’s decarbonisation. Sanjay Sethi, Managing Director and CEO at Chalet Hotels Limited, emphasised that this agreement aligns with their sustainability goals and supports India’s transition to cleaner energy sources. He sees this partnership as a win-win for both the environment and stakeholders.
This project’s alignment with India’s clean energy objectives reflects the country’s commitment to creating a sustainable energy ecosystem. It enables cost-effective access to renewable energy for multiple participants, in line with the government’s broader sustainability agenda. TPREL has recently signed additional Power Delivery Agreements (PDAs), including one with Sanyo Special Steel Manufacturing India for a 28.125MW Captive Solar Plant and another with the ANAND Group, a global leader in automotive systems and parts for a 4.4MW Captive Project. Therefore, by adding these projects, TPREL’s total renewable energy capacity now stands at 7,821 MW, comprising 3,689MW in various stages of implementation and an operational capacity of 4,132MW, including 3,139MW of solar and 99 MW of wind energy.