To promote sustainable manufacturing, leading commercial and passenger vehicle manufacturer, Tata Motors and Tata Power, the largest power generation company in India, have signed a Power Purchase Agreement (PPA) under which a 7 MW captive solar power project will commence at its Pantnagar plant in Uttarakhand.
The installation is expected to generate 215 million units of electricity, potentially mitigating over 1.7 lakh tonnes of carbon emissions. The two companies have mentioned that is equivalent to planting over 2.72 lakh teak trees over a lifetime.
Mr.Anal Vijay Singh, Plant Head, Pantnagar Plant, Tata Motors, said "Having won several awards, our Pantnagar plant has always been lauded for its efforts to reduce greenhouse gas emissions in order to achieve net-zero emission goal. The plant has been recognized across the industry for its long-successful energy conservation measures. With this agreement, we will further strengthen our journey towards a cleaner and greener future."
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Commenting on the announcement, Mr.Shivram Bikkina, Chief of Solar Rooftop Business, Tata Power, "We are delighted to partner with Tata Motors to achieve their long-term green energy mandate. We are especially happy to be a part of the Pantnagar plant that makes Tata Ace, one of the most successful commercial vehicles in the country.
We expect to expand our collaboration in the coming years to provide more such green energy solutions to Tata Motors and regard them as a vital partner to achieve the larger group mandate to reduce our carbon footprint towards a Net Zero future."
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Further, Tata Power is working along with Tata Motos on installing solar rooftops at some of their manufacturing plants across India. It is believed that these projects are a step in the right direction towards building a sustainable future for these manufacturing plants. To date, Tata Power has cumulatively installed 45 MW of solar rooftops across Tata Motors’ PV and CV plants in Pune, Pantnagar, Jamshedpur and Dharwad.
The company also has plans to achieve the goal of procuring 100% renewable energy by 2030. In FY22, across all its plants in India, the company generated 92.39 million kWh of renewable electricity for its manufacturing operations, which is 19.4% of the total power consumption, leading to an avoidance of 72,992 metric tonnes of carbon dioxide equivalent and financial saving of Rs. 27.37 crores.
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