Tata Steel, Tata Power to Set up 41MW Solar Projects in Jharkhand, Odisha
Two Tata Group companies, Tata Steel and Tata Power, have joined hands to develop a 41 MW capacity of grid-connected solar projects in the states of Jharkhand and Odisha.
October 29, 2021. By Manu Tayal
In line with this, the two companies have signed a Power Purchase Agreement (PPA) for 25 years.
Under the project, Tata Power will develop Photo Voltaic (PV) capacities for Tata Steel at Jamshedpur (21.97MWp) and Kalinganagar (19.22MWp), in a combination of rooftop, floating and ground-mounted solar projects.
At Jamshedpur, it will develop rooftop PV with 7.57 MWp capacity, while floating and ground-mounted capacity would be 10.80 MWp and 3.6MWp, respectively.
The ground-mounted PV will be installed at Sonari Airport, Jamshedpur. Kalinganagar will have 9.12 MWp rooftop PV capacities, and floating PV will constitute 10.10 MWp.
Commenting on the partnership, TV Narendran, CEO & MD of Tata Steel, said “at Tata Steel, sustainability has always been a core principle that is embedded in its business philosophy and is backed by a long-term, holistic vision of achieving identified targets. We have taken several definitive steps across the value chain to reinforce our sustainability credentials. In the recent past, projects on power generation from solar and non-conventional energy sources have gained momentum across our operating locations. We will continue with our pursuit of clean energy solutions and expand our renewable energy footprint.”
“We are glad to collaborate with Tata Steel to help them reduce their carbon footprint and reaffirm the Tata Group’s commitment towards the adoption of clean energy. Tata Power and Tata Steel have been collaborating for a long time to meet the energy requirements through cleaner means. This blended solar PV project is yet another milestone in our shared vision of a better tomorrow and we look forward to working closely with them for covering all their other plants across the country,” commented Dr. Praveer Sinha, CEO & MD, Tata Power.
In March this year, the two companies had announced to develop a 15MW solar project at Jamshedpur. This project would generate an average of 32 MUs of energy per year. It will help in offsetting approximately average 25.8 million Kgs of CO2 annually.
Earlier in 2017, Tata Power Solar had commissioned a 3MW Solar PV Power Plant in Tata Steel’s Iron Ore Mine at Noamundi. This was the first solar power plant of its kind at any iron ore mine in the country.
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