• The facility in Aachegaon, Maharashtra, is expected to produce 61.875 MUs of electricity annually, with the power being supplied to Sanyo Special Steel Manufacturing India Pvt. Ltd. (“SSMI”) within the same state.
• The solar power from this site will help lower SSMI’s yearly carbon emissions by approximately 42,534 tons, promoting eco-friendly growth.
Tata Power Renewable Energy Limited (“TPREL”), through its subsidiary TP Alpha Limited, has entered a Power Delivery Agreement with Sanyo Special Steel Manufacturing India Pvt. Ltd. for a 28.125 MW (AC) Captive Solar Plant in Aachegaon, Maharashtra. With a total facility capacity of 120 MWp AC, this solar plant is expected to provide 61.875 Million Units of electricity annually, fulfilling the energy needs of Sanyo’s steel manufacturing unit. Commissioning is set for March 2024.
This solar energy will cut Sanyo’s carbon emissions by approximately 42,534 tonnes annually, supporting their shift to green steel production and reducing fossil fuel dependency. This initiative aligns with the National Green Energy policy, reinforcing India’s commitment to clean energy.
Mr. Ashish Khanna, CEO of TPREL, emphasized the mutual commitment to sustainable practices in the steel industry. Mr. Dilipkumar Pachpande of Sanyo highlighted the collaboration’s alignment with sustainability goals, including reduced CO2 emissions, cost savings, and the production of green steel.
Previously, TPREL received a Letter of Award for a 966-MWRTC hybrid project, a significant group captive segment milestone. TPREL’s total renewable capacity now stands at 7,815 MW, with 4,132 MW operational, including 3,139 MW solar and 993 MW wind.