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Tata Power Renewable Energy Limited signs an MoU with NHPC Renewable Energy Limited

By Staff Writer ,

Added 18 July 2024

This initiative, under the ambitious PM Surya Ghar Yojna Scheme, aims for 100 per cent solarisation of government-owned buildings by December 2025.

Tata Power Renewable Energy Limited (TPREL), a key player in India's renewable energy landscape and a subsidiary of Tata Power Company Limited, has announced the signing of a Memorandum of Understanding (MoU) with NHPC Renewable Energy Limited (NHPC-REL) to spearhead the installation of Rooftop Solar Projects (RTS Projects) across government buildings of Central Ministries, States, and Union Territories. This initiative, under the ambitious PM Surya Ghar Yojna Scheme, aims for 100 per cent solarisation of government-owned buildings by December 2025.

This powerful alliance is set to support the transformation of India's energy landscape by harnessing the untapped potential of rooftop spaces on government buildings, fostering a cleaner and greener future. The Memorandum of Understanding (MOU) was signed on July 17, 2024, at the NHPC Office Complex in Faridabad. Key signatories included Deepesh Nanda, CEO & MD of TPREL, and S.P. Rathour, CEO of NHPC-REL. The signing was witnessed by notable officials, including R.P. Goyal, CMD, R.K. Chaudhary, Director (Technical) and i/c of Director (Projects), Uttam Lal, Director (Personnel), V.R. Shrivastava, ED (REGH) from NHPC, alongside Bhavesh Bhayani and Vikrant Dhankar from TPREL.

The Ministry of New and Renewable Energy (MNRE) has appointed NHPC Limited as a Scheme Implementing Partner (SIP) to drive the RTS Projects, which will be carried out by its wholly owned subsidiary, NHPC-REL. TPREL, a distinguished leader in the solar energy sector, brings extensive expertise to ensure the seamless and timely execution of these projects.

Deepesh Nanda, CEO & MD of Tata Power Renewable Energy Limited commented, "We are excited to join hands with NHPC-REL in this significant venture to solarise government buildings across India. This collaboration represents a major step forward in our shared vision of a sustainable and green energy future. By leveraging our combined strengths, we are confident in achieving our goal of 100 per cent solarisation by 2025, setting a benchmark for renewable energy projects in the country."

R. P. Goyal, CMD NHPC added, "Partnering with Tata Power Renewables aligns perfectly with our mission to expand the use of renewable energy in India. This initiative will not only help us meet our solarisation targets but also contribute significantly to reducing the carbon footprint of government buildings. We look forward to a successful collaboration that paves the way for more sustainable energy solutions."