Team Blitz India
NEW DELHI: In a major commitment to clean energy,Tata Power announced a Rs 70,000-crore investment to develop 10 gigawatts (GW) of solar and wind power capacity in Tamil Nadu over the next seven years.
This ambitious project aligns with the power giant’s vision of achieving 70 per cent clean and green energy production by 2030 and complete carbon neutrality by 2040, according to a report by Economic Times.
Tata Power CEO and MD Praveer Sinha unveiled the plan at the Tamil Nadu Global Investors Meet (GIM) in Chennai on January 8. Sinha emphasised the crucial role of renewable energy in mitigating climate change and securing a sustainable future for India.
Tata Power has an installed capacity of 982 MW wind power generation with plants spread across seven states of Maharashtra, Gujarat, Tamil Nadu, Karnataka, Rajasthan, Andhra Pradesh, and Madhya Pradesh, leading in promoting wind power generation in India, according to the company’s website.
Additionally, Tata Power Solar has a portfolio of more than 11.5 GWp of ground-mount utility-scale, over 1.7 GW of rooftop and distributed ground-mounted systems, and over 1 lakh solar water pumps in India.