Tata Power's TP Parivart Subsidiary to Establish 70 MW Solar Project for Tata Steel

Tata Power's subsidiary, TP Parivart, has partnered with Tata Steel to set up a 70 MW solar project in Akola, Maharashtra. This project aims to generate 154 million units of power annually and reduce carbon emissions by 1,15,000 tonnes.

Tata Power on Thursday announced that its subsidiary company, TP Parivart, has signed an agreement to develop a 70 MW solar power project for Tata Steel in Akola, Maharashtra.

The power delivery agreement between TP Parivart Ltd and Tata Steel underscores a significant step towards sustainable energy in one of India's leading steel manufacturing firms, according to a BSE filing.

Expected to produce 154 million units of electricity annually, the project will additionally help cut down carbon emissions by an estimated 1,15,000 tonnes, aligning with Tata Power's commitment to renewable energy and environmental sustainability.

(With inputs from agencies.)