BAJAJ BROKING

Notification
No new Notification messages
Ather Energy IPO is Open!
Apply for the Ather Energy IPO through UPI in just minutes.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

Tata Power Signs PPA With Tata Motors For 131 MW Hybrid Energy Project

Synopsis:

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 CO LTD

Trade

384.4-8.95 (-2.27 %)

Updated - 30 April 2025
391.80day high
DAY HIGH
382.00day low
DAY LOW
4942900
VOLUME (BSE)

Key Takeaways

  • 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

Green Power For Sustainable Manufacturing

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.

Project Highlights

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)

Market Sentiment And Share Impact

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: 

Read More Blogs

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.

[ Read More ]

For more disclaimer, check here : https://www.bajajbroking.in/disclaimer

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

9.5 lakh+ Users

icon-with-text

4+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4400+ Cr MTF Book

icon-with-text