Tata Power Renewable Energy to set up 26 MW captive solar project for Neosym Industry in Maharashtra

Rutuja Kedare Sep 05, 2023 0

Tata Power Renewable Energy Limited (TPREL) has announced its plans to establish a 26-MW captive solar plant in Ahmednagar, Maharashtra. The company has already entered into a power delivery agreement (PDA) with Neosym Industry Limited (Neosym), a prominent manufacturer of Gray & S.G. iron castings.

The project aims to produce an estimated 59 million units of electricity each year and is scheduled to commence operations in March 2024. This initiative will result in an annual reduction of 32,500 tonnes of CO2 emissions.

Also Read: Thiruvananthapuram-Kasargod Coastal Highway: Undersea Tunnel Proposed Between Fort Kochi And Vypeen

The latest order follows a 28.12-megawatt green energy plant for Sanyo Special Steel Manufacturing India Private Limited (SSMI) and a 6-MW captive solar plant for Chalet Hotels in Maharashtra.

The company has not disclosed the financial details of the project.


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Disclaimer: The information contained herein has been compiled or arrived at, based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. The image featured in this article is for representation purposes only and does not in any way represent the project. If you wish the article to be removed or edited, please email editor@biltrax.com.

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