- This alliance with Tata Power empowers Dugar Power to achieve a significant milestone in integrating cutting-edge sustainable energy solutions within Nepal.
- The partnership will deploy transformative solar technologies to produce a range of on and off-grid energy solutions.
Tata Power Renewable Energy Ltd. (TPREL) has Partnered with Dugar Power Private Limited to restructure Nepal’s renewable energy sector. This was contained in a statement issued by Dugar Power on Thursday. This partnership announces TPREL’s strategic entry into Nepal’s rapidly evolving renewable energy sector. It also sets the stage for a quantum leap in accelerating Nepal’s shift toward sustainable energy.
This alliance empowers Dugar Power to achieve a significant milestone in integrating cutting-edge sustainable energy solutions within Nepal. The partnership will deploy transformative solar technologies to produce a range of on and off-grid energy solutions.
This collaboration marks the inception of a long-term commitment to energy sustainability in the region. The agreement caters to Nepal’s diverse energy requirements, offering scalable solutions from 1KW to MW levels. According to the statement, the partnership opens up new horizons for TPREL to diversify its offerings, including supply cells & modules, Engineering, Procurement, and Construction (EPC), as well as Operations and Maintenance (O&M) in Nepal.
Ashish Khanna, CEO of Tata Power Renewable Energy Ltd., said, “This partnership with Dugar Power is a strategic alliance engineered to redefine Nepal’s energy landscape. As we make our entry into Nepal’s promising renewable energy market, we intend to generate a transformative impact. With both companies’ combined expertise and resources, we are optimistic that this tie-up will create an enabling ecosystem for sustainable energy transition in the region.”
Commenting on the partnership, the MD of Dugar Power Private Limited, Abhishek Dugar, said, “Our alliance with Tata Power Renewable Energy Limited is a strategic alignment in achieving Nepal’s long-term objectives for renewable energy and energy self-sufficiency. Our collective aim transcends commercial interests; we are committed to ensuring clean energy reaches every corner of Nepal. This partnership is a testament to our unwavering commitment to propel Nepal toward a sustainable energy future.”
Tata Power Renewable Energy Limited is a leading player in the renewable energy sector, having globally shipped over 3GW of cells and modules. The company has powered some of the biggest industry and utility-scale international projects like 3.411 MWp in the Netherlands and 3.376 MWp in the USA, to name a few. Dugar Power complements this with its specialized expertise in Nepal’s renewable energy landscape. Together, they form a synergistic alliance with the capability to transform energy solutions in Nepal.