Tata Power Partners with NTT-Com-Netmagic to Build a 50 MW Solar Project in Solapur
The project will be built in phases with an initial capacity of 35 MW
July 19, 2019
Tata Power has announced its partnership with NTT-Com-Netmagic to build its first 50 MW solar power project in Solapur, located in the state of in Maharashtra.
The solar power project aims to reduce carbon emissions at an average of about 70,000 tons annually, according to the company’s statement. The power generated from this project will be supplied to NTT-Netmagic’s data centers across Maharashtra.
Poolawadi Windfarm Limited, a subsidiary of Tata Power Renewable Energy Limited (TPREL), has signed definitive agreements to supply 50 MW of solar power to NTT Com-Netmagic.
According to the company, the power will be supplied through open access under a long-term power purchase agreement.
As per the agreement, the solar project will be built in phases with an initial capacity of 35 MW, which will increase to 50 MW within two years from the time of initial commissioning of the project.
“This project epitomizes our continued commitment to ensuring the sustainable development of India’s digital growth story. We have also been using renewable sources of energy, including wind and solar power plants in Bengaluru and Chennai through open access.,” said Sharad Sanghi, managing director, NTT Com-Netmagic. Headquartered in Mumbai, Netmagic, is a managed hosting and multi-cloud hybrid IT solution provider.
Meanwhile, Praveer Sinha, the chief operating officer of Tata Power said, “This is our first big initiative through a captive route, and the company continues to build the foundation for significant growth in renewables.”
In April 2019, Tata Power decided not to build any new coal-fired power project in the future and said that the majority of its power capacity expansion would take place through renewable energy. The move by the country’s largest power producer was mentioned by the Institute of Energy Economics and Financial Analysis (IEEFA) in its ‘Tata Power: Renewables to Power Growth’ report.
Talking about Solapur, Mercom reported that the Maharashtra State Electricity Distribution Company Limited (MSEDCL) issued a request for selection for the purchase of power from 1,000 MW of grid-connected floating solar PV power projects on Ujjani dam in Solapur district.