A 3 MW Solar Photovoltaic (PV) Power Plant has been commissioned at Tata Steel's Noamundi. This is the 1st Solar Power Plant in any iron ore mine in the country. The project, executed by Tata Power Solar will help in reducing CO2 emission by about 3000 tonnes per annum.
Speaking on the occasion, T V Narendran, Managing Director, Tata Steel India & SEA expressed pride and happiness on the occasion of inauguration of the 3 MW Solar Power Plant, calling it a major achievement for Tata Steel. Reiterating Tata Steel`s commitment to clean energy, Narendran said: "We have constantly looked at opportunities to exploit renewable energy sources. This is yet another milestone in our quest to become a sustainability driven company, committed to exploring clean energy solutions. Renewable energy is the best way of mitigating the impact of climate change."
Set up at a cost of Rs 35 crore, the initiative is aimed at addressing climate change issues and other demands on natural resources for the Company`s captive use around its mining locations. Synergy between three Tata companies, namely, Tata Steel, Tata Power Solar and Tata Power Trading Company was instrumental in shaping the project into reality.
With Tata Steel as the sole buyer of all electricity at a contracted tariff, this partnership demonstrates Tata Steel`s commitment to climate action and voice support for supporting a strong outcome at the UN Climate Change Conference Paris 2015 (COP 21).
Highlighting the importance of the project, Ashish Khanna, Executive Director & CEO, Tata Power Solar said: "We are very glad to execute this project as it represents a huge step towards bringing the sun's clean, sustainable energy as a part of a hybrid system which has grid power as well as fossil fuel as an option. This project epitomises new technologies for a sustainable and continuous power requirement and such plants demonstrate how energy needs of the manufacturing sector can be met through clean and renewable sources like solar and has the potential to take usage of solar energy to a new heights."
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