Collaboration to Reduce Carbon Emissions and Illuminate a Greener Hospitality Industry
Tata Power Renewable Energy Limited (TPREL) has inked a Power Delivery Agreement (PDA) for a Group Captive Project of 6 MW AC with Chalet Hotels Limited. Chalet Hotels Limited is well-known for owning, developing, managing, and operating upscale hotels, resorts, and mixed-use hotel developments across India.
Under this arrangement, the project is set to produce a substantial 13.75 million units of clean energy from renewable sources, a move that will contribute significantly to reducing carbon emissions by approximately 9762 tonnes annually. This aligns perfectly with the shared vision of both companies to usher in a cleaner and brighter future for the hospitality industry.
TPREL’s commitment to supporting various Commercial and Industrial (C&I) consumers across diverse sectors, including steel, automotive, polymer, hospitality, retail, and realty, underscores their dedication to leveraging renewable energy for sustainable operations.
Mr. Ashish Khanna, CEO of Tata Power Renewable Energy Limited, expressed his satisfaction with the partnership, emphasizing the goal of making clean energy mainstream and supporting the decarbonization of the hospitality industry.
In response, Mr. Sanjay Sethi, MD & CEO at Chalet Hotels Limited, conveyed their excitement about the collaboration, highlighting its alignment with sustainability objectives and India’s transition to cleaner energy sources. The 6 MW AC Group Captive project represents a significant step forward in their journey towards greener energy.
This project’s alignment with India’s clean energy goals reflects the nation’s commitment to fostering a sustainable energy environment. It not only supports sustainability objectives but also provides cost-effective access to renewable energy for multiple participants, in line with the government’s broader sustainability agenda.
Additionally, TPREL has recently entered into Power Delivery Agreements (PDAs) for a Captive Solar Plant with a capacity of 28.125 megawatts (AC) with Sanyo Special Steel Manufacturing India Pvt. Ltd. and a Captive Power Delivery Agreement (PDA) for 4.4 megawatts (AC) with the ANAND Group, a prominent global leader in the automotive systems and parts industry.
With these new additions, TPREL’s total renewable capacity now stands at an impressive 7,821 MW, comprising projects at various stages of implementation and operational capacity, which includes 3,139 MW of solar and 993 MW of wind energy. This highlights TPREL’s ongoing commitment to advancing India’s renewable energy landscape.