Tata Power's subsidiary TP Parivart will set up a 70 MW solar project for Tata Steel in Akola, Maharashtra, generating 154 million units of power annually and reducing carbon emissions.
New Delhi, Aug 1 (PTI) Tata Power on Thursday said its step-down subsidiary TP Parivart has inked a pact to set up a 70 MW solar project for Tata Steel at Akola in Maharashtra.
TP Parivart Ltd has signed a power delivery agreement with Tata Steel, one of the country's leading steel manufacturing companies, for a 70 MW group captive solar power plant at Akola, Maharashtra, a BSE filing said.
The project is expected to generate 154 million units (MUs) of power annually and reduce carbon emissions by 1,15,000 tonnes, the filing said.
TP Parivart Ltd is a subsidiary of Tata Power Renewable Energy Ltd (TPREL) and TPREL is a subsidiary of Tata Power.
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