Tata Power Renewable Energy, through its subsidiary, TP Vardhaman Surya Limited, has been awarded a contract to establish a 966 MW round-the-clock hybrid renewable power project for Tata Steel.
The project comprises a hybrid renewable capacity of 379 MW solar power and 587 MW wind power. Tata Steel, a globally diversified steel producer with an annual crude steel production capacity of 35 million metric tonnes, will have a stake of 26% in the project.
By fulfilling a portion of Tata Steel’s green energy requirements in India, the project will annually save 2,389,160 metric tonnes of CO2 emissions. The project is scheduled to be commissioned by June 1, 2025.
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