BAJAJ BROKING
Tata Power Renewable Energy has signed a Power Purchase Agreement with Tata Motors to develop a 131 MW wind-solar hybrid project. It will generate 300 million units annually and cut over 2 lakh tonnes of CO₂ emissions each year.
Tata Power Renewable Energy Limited (TPREL), a wholly owned subsidiary of Tata Power, has signed a Power Purchase Agreement (PPA) with Tata Motors to co-develop a 131 MW wind-solar hybrid energy project. This strategic clean energy initiative is expected to generate approximately 300 million units of renewable electricity per year. The project will help offset more than 2 lakh tonnes of carbon dioxide annually and will exclusively cater to Tata Motors’ six production facilities across Maharashtra and Gujarat.
Also read: Paytm Money Cuts Interest And Brokerage For Pay Later Investors
Tata Power Renewable Energy to install a 131 MW wind-solar hybrid project
Project to supply green electricity to six Tata Motors manufacturing plants
Estimated 300 million units of annual power generation
Expected reduction of over 2 lakh tonnes of CO₂ emissions each year
Supports Tata Motors’ RE-100 and net-zero targets ahead of 2030
Also read: India Imposes 12% Safeguard Duty on Steel Imports for 200 Days
The wind-solar hybrid energy project will support Tata Motors’ commercial and passenger vehicle manufacturing units. The clean energy generated will enable a steady supply of cost-effective electricity, reducing dependence on fossil fuels. The initiative contributes significantly towards Tata Motors’ RE-100 commitment and helps fast-track the company’s net-zero goals.
This development further strengthens Tata Power Renewable Energy’s leadership in hybrid energy solutions, combining wind and solar capabilities to maximise energy efficiency. It also marks a major shift in the automotive manufacturing landscape towards climate-aligned operations.
Parameter | Details |
Capacity | 131 MW (Wind-Solar Hybrid) |
Annual Power Output | 300 million units |
CO₂ Emissions Offset | Over 2 lakh tonnes/year |
Beneficiary | 6 Tata Motors facilities in Maharashtra, Gujarat |
Implementation Model | Long-term Power Purchase Agreement (PPA) |
The project announcement is likely to reflect positively on Tata Motors share price, indicating strong investor confidence in its sustainability initiatives. The growing focus on green energy integration could further stabilise operational costs and promote long-term environmental goals.
Tata Motors share price has remained resilient in recent months, and this forward-looking energy collaboration may help improve sentiment across institutional investors. Increased use of renewable energy is also expected to contribute to higher ESG ratings, potentially boosting Tata Motors share price in upcoming quarters.
The collaboration between Tata Motors and Tata Power Renewable Energy sets a benchmark in India's clean energy journey. It integrates long-term climate goals with manufacturing excellence and highlights a proactive shift in corporate energy strategies across the automotive sector.
Also read: Brigade Enterprises Signs JDA For ₹175-Cr Plot Development In Bengaluru
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For All Disclaimers Click Here: https://www.bajajbroking.in/disclaimer
Share this article:
Disclaimer :
The information on this website is provided on "AS IS" basis. Bajaj Broking (BFSL) does not warrant the accuracy of the information given herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or suitability for any particular purpose. While BFSL strives to ensure accuracy, it does not guarantee the completeness, reliability, or timeliness of the information. Users are advised to independently verify details and stay updated with any changes.
The information provided on this website is for general informational purposes only and is subject to change without prior notice. BFSL shall not be responsible for any consequences arising from reliance on the information provided herein and shall not be held responsible for all or any actions that may subsequently result in any loss, damage and or liability. Interest rates, fees, and charges etc., are revised from time to time, for the latest details please refer to our Pricing page.
Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by BFSL or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.
BFSL is acting as distributor for non-broking products/ services such as IPO, Mutual Fund, Insurance, PMS, and NPS. These are not Exchange Traded Products. For more details on risk factors, terms and conditions please read the sales brochure carefully before investing.
Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For more disclaimer, check here : https://www.bajajbroking.in/disclaimer
Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading