Endurance Technologies Ltd. and Tata Power Renewable Energy Ltd. have agreed to collaborate on the construction of a 12.5 MW captive solar project in Maharashtra, according to TPREL. In this regard, it has already signed a Power Delivery Agreement (PDA) with Endurance Technologies Ltd through an SPV called TP Green Nature Ltd, according to a statement from TPREL.
The plant would be built in Maharashtra's Aachegaon and produce 27.5 million units (MUs) of electricity annually. Endurance Technologies, this will lessen its annual carbon emissions by about 9,125 metric tonnes (MT) and lower its carbon footprint. After the PDA is signed, the project is anticipated to be finished within a year.
TPREL CEO Ashish Khanna, "our partnership with Endurance Technologies Ltd. to establish a captive solar plant will support them in adopting sustainable energy solutions". At TPREL, we are committed to helping energy-intensive companies in a variety of industries actively adopt green energy solutions and progress the country's journey towards energy transition, according to Khanna.
The proposed captive solar power project will bring TPREL, a Tata Power subsidiary, to a total renewable energy portfolio capacity of 7,889 MW. The company has a 4,188 MW operational capacity, which is made up of 1,003 MW of wind energy and 3,185 MW of solar energy. After the PDA is signed, the project is anticipated to be finished within a year.