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Tata Power Renewable Energy and NHPC Renewable Energy ink MoU

Tata Power Renewable Energy Limited (TPREL) and NHPC Renewable Energy Limited (NHPC REL) have forged a significant partnership to achieve 100 Percent solarization of government buildings in India under the PM Surya Ghar Yojana Scheme. This ambitious initiative, set to complete by December 2025, involves installing rooftop solar projects across Central Ministries, States, and Union Territories.

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Partnership to support 100 percent Solarization of Government Buildings envisioned under the ambitious PM Surya Ghar Yojana.

MoU for renewable energy
MoU for renewable energy

National, July 18, 2024 – Tata Power Renewable Energy Limited (TPREL), a key player in India's renewable energy landscape and a subsidiary of The 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% solarization 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 Shri Deepesh Nanda, CEO & MD of TPREL, and Shri S P Rathour, CEO of NHPC-REL. The signing was witnessed by notable officials including Shri R P Goyal, CMD, Shri R K Chaudhary, Director (Technical) and i/c of Director (Projects), Shri Uttam Lal, Director (Personnel), Shri V R Shrivastava, ED (REGH) from NHPC, alongside Shri Bhavesh Bhayani and Shri 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.

Mr 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 solarize 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% solarisation by 2025, setting a benchmark for renewable energy projects in the country."

Mr 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."

This partnership embodies a mutual commitment to sustainability and innovation in the renewable energy domain. By combining forces, TPREL and NHPC-REL are poised to make significant strides toward India's renewable energy objectives, setting new standards for future endeavours in the industry.

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