TPREL Signs PDA for 6 MW AC Group Captive Project with Chalet Hotels Limited
The plant will generate of 13.75 million units of clean energy from renewable sources under this arrangement. It will also reduce carbon emissions by ~9762 tonnes per year, aligning with the common vision of both the companies to build a brighter, cleaner future for the hospitality industry.
September 02, 2023. By News Bureau
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power Company Limited, signed a PDA (Power Delivery Agreement) of Group Captive Project for 6 MW AC with Chalet Hotels Limited, an owner, developer, asset manager and operator of high-end hotels, resorts and a hotel led mixed-use developer across India.
The plant will generate of 13.75 million units of clean energy from renewable sources under this arrangement. It will also reduce carbon emissions by ~9762 tonnes per year, aligning with the common vision of both the companies to build a brighter, cleaner future for the hospitality industry.
TPREL is supporting multiple C&I consumers across the industrial spectrum – Steel, Automotive, Polymer, Hospitality, Retail, Realty, et al to harness the power of renewable energy for sustainable operations.
Speaking on the association, Ashish Khanna, CEO, Tata Power Renewable Energy Limited, expressed, “We are happy to join hands with Chalet Hotels Limited to generate renewable energy for its properties through 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.”
Speaking about this strategic partnership, Sanjay Sethi, MD & CEO at Chalet Hotels Limited, stated, “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.”
The project’s alignment with India’s clean energy goals demonstrates the country’s commitment to fostering a sustainable energy environment. This approach facilitates cost-effective renewable energy access for multiple participants, in line with the government’s broader sustainability objectives.
Recently, TPREL entered into 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) and a Captive Power Delivery Agreement (PDA) for 4.4 megawatts (AC) with the ANAND Group, a prominent global leader in the automotive systems and parts industry.
With this project’s capacity addition, the total renewables capacity of TPREL reaches 7,821 MW including 3,689 MW projects under various stages of implementation and its operational capacity is 4,132 MW, which includes 3,139 MW solar and 993 MW wind.
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