Welspun New Energy Signs PPA with Tata Motors to Supply Power from 86 MW Wind-Solar Hybrid Project
Welspun New Energy has signed a captive power purchase agreement (PPA) with Tata Motors to co-develop an 86 MW wind-solar hybrid project that will supply renewable energy to the automaker's manufacturing plants in Jharkhand, Uttar Pradesh, Uttarakhand, and Karnataka.
July 03, 2026. By Mrinmoy Dey
As part of the agreement, the two companies will co-develop an 86 MW wind-solar hybrid renewable energy project supplying power to Tata Motors’ manufacturing plants in Jharkhand, Uttar Pradesh, Uttarakhand and Karnataka.
Estimated to generate 200 million units of clean electricity annually, the project is expected to offset over 1.4 lakh tons of CO₂ emissions each year. Enabled through co-investment and a long-term PPA, this integrated wind-solar hybrid solution will provide a reliable supply of green energy exclusively to Tata Motors’ four manufacturing facilities in the covered states, supporting the production of commercial vehicles, stated Tata Motors.
In May 2026, Tata Motors picked up 26 percent equity stake in the special purpose vehicle (SPV) Teesta Renewable Energy.
Signing the PPA, Vishal Badshah, Vice President – Operations, Tata Motors, said, "This project reflects Tata Motors’ continued focus on building greener and more energy-efficient manufacturing operations. The scale and integrated nature of this wind-solar hybrid solution will help us secure a reliable supply of renewable energy for key commercial vehicle manufacturing facilities, while meaningfully reducing carbon emissions across operations on a sustained basis. Collaborations like these are critical as we progress to fulfil our RE-100 commitment and net-zero aspirations."
Speaking on the occasion, Kapil Maheshwari, MD and CEO, Welspun New Energy, said, “This partnership with Tata Motors represents a defining milestone in Welspun New Energy's journey. We are not merely signing a PPA; we are co-creating a model for how India's largest manufacturers can decarbonise and achieve net zero and sustainability goals. We thank Tata Motors for their trust and look forward to making this one of many long and successful partnerships. At Welspun New Energy, we remain committed to building resilient, future-ready renewable energy infrastructure for both utilities and C&I consumers."
According to Tata Motors’ Business Responsibility and Sustainability Report for FY26, the renewable electricity (RE) share in operations was 51 percent to the total electricity consumption in FY26. “The company has been able to increase its renewable electricity in-house through onsite solar installations, off-site captive wind farms and through procurement of off-site wind and solar power through PPAs and International Renewable Energy Certificates (i-RECs). IRECs contributed 29 percent to the RE share of overall electricity consumption,” the report mentioned.
Tata Motors is a signatory to Climate Group RE100 for achieving 100 percent renewable electricity use in operations by 2030. The total installed capacity of rooftop solar amounts to 59.9 MW augmented by short-term green power purchase agreements and renewable energy certificates, stated the company.
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