Tata Power Renewable Energy Limited (TPREL), a renewable energy company and a subsidiary of Tata Power, signed a power delivery agreement (PDA) of Group Captive Project for 6 MW AC with Chalet Hotels Limited. The latter is 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 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 commercial and industrial consumers across the industrial spectrum, including steel, automotive, polymer, hospitality, retail and realty to harness the power of renewable energy for sustainable operations.
Speaking on the association, Ashish Khanna, CEO, Tata Power Renewable Energy Limited, said, “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, managing director and CEO at Chalet Hotels Limited, added, “This PDA 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 for a Captive Solar Plant with a capacity of 28.125 megawatts (AC) and a Captive 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.