The Tata Power Company Ltd. subsidiary Tata Power Renewable Energy Ltd (TPREL) said that it will be building a 41-MW captive solar facility in Thoothukudi, Tamil Nadu. In Tirunelveli, Tamil Nadu, TP Solar Ltd. is starting construction on a massive 4.3 GW solar cell and module production facility. This project will support TP Solar in that endeavour.
This solar facility, which yearly generates a considerable 101 million units of power, is expected to reduce CO2 emissions by about 72,000 metric tonnes. Within a year of the project development agreement's signature, the project is expected to be put into operation.
TPREL has established TP Govardhan Creatives Ltd, a specialised organisation, to manage the construction, use, and upkeep of this facility for TP Solar. By the fiscal year 2024–2025, TP Solar, a TPREL subsidiary, is expected to start producing solar cells and modules for sale. This programme represents an important turning point in Tata Power Renewable Energy's efforts to strengthen India's green energy infrastructure.
Ashish Khanna, CEO of TPREL, "Green energy supply from the captive solar plant is a brilliant symbol of our commitment to a sustainable transition to green energy. It powers our cutting-edge 4.3 GW solar cell and module production facility. As a result, the country's ambitious goal of achieving 500 GW of non-fossil fuel-based energy capacity by the end of this decade will be significantly advanced. This arrangement will serve as a model for all the upcoming solar component manufacturing facilities to source green energy for their production.
TPREL's overall capacity will increase to 7,877 MW with the addition of this new captive solar plant. This includes 3,720 MW of projects that are in various stages of development as well as 4,157 MW of operating capacity, which is made up of 3,154 MW of solar energy and 1,003 MW of wind energy.
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