The PDA between Mukand Limited and TPREL scheduled for commissioning by March 2024, is projected to generate 99.82 MUs of power and is expected to offset approximately 54687 CO2 emissions annually.
Oct 30, 2023
Mukand Limited recently announced a groundbreaking partnership with Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power and a key player in the renewable energy sector. The collaboration marked the signing of a Power Delivery Agreement (PDA) for a cutting-edge 43.75 MW AC Group captive solar project located at Jamkhed in Maharashtra. The installation is poised to generate 99.82 MUs annually, thereby contributing significantly to India’s renewable energy goals. The solar venture representing a significant step towards Mukand Limited’s mission of sustainable energy sourcing for their manufacturing operations is scheduled for commissioning by March 2024. The initiative also underlines TPREL’s dedication to empowering partners like Mukand Limited in embracing non-conventional energy solutions, fostering a greener future for the industry.
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This visionary project holds the potential to offset a substantial 54,687 Metric Tons of CO2 emissions per year, aligning seamlessly with Mukand Limited’s commitment to greener manufacturing practices. TPREL will spearhead the construction, operation, and maintenance of this group’s captive solar power plant, emphasizing stringent adherence to quality standards and environmental sustainability. The Government of India’s proactive stance in promoting group captive projects has paved the way for accelerated renewable energy adoption. Through policy amendments and initiatives, the environment for collective investments in renewables has been nurtured, ensuring cost savings, emission reduction, and energy security for industries across the nation.
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Commenting on the collaboration, Mr. Shashibhushan Upadhyay, President, Mukand Limited, expressed his gratitude, stating, “We are thankful for the collaborative efforts between Tata Power Renewables and Mukand Limited. This strategic partnership will not only drive our mission of sourcing clean energy for our manufacturing operations but will also bolster our commitment to meeting our climate change commitments.”
