Tata Power Renewable Energy Limited (TPREL), a key player in India’s green energy landscape and a subsidiary of Tata Power, has signed a contract with Suzlon Group for the supply of wind turbine generators with a combined capacity of 838 MW. These turbines will support TPREL’s various projects across multiple states, scheduled for completion over the next few years.
This partnership reinforces TPREL’s position as a leader in India’s renewable energy transition, playing a vital role in advancing the country’s target of reaching 500 GW of renewable energy capacity by 2030. It also reflects TPREL’s focus on scaling up wind-led clean energy projects that are reliable, dispatchable, and economically viable.
The Company has a wind energy portfolio exceeding 3.9 GW, with over 1 GW operational and the remainder under various stages of development across Rajasthan, Gujarat, Madhya Pradesh, Maharashtra, Andhra Pradesh, Karnataka, and Tamil Nadu.
Under the agreement, Suzlon – a prominent renewable energy player- will deliver a comprehensive end-to-end solution for these projects, leveraging its extensive expertise in the wind energy domain.
The agreement marks the third strategic collaboration between TPREL and Suzlon, highlighting a strong partnership built over more than a decade.
This initiative supports Tata Power’s overarching goal of achieving 100% clean energy by 2045 and complements its expanding renewable energy portfolio, which currently totals 15.7 GW, with 6.9 GW sourced from clean energy.
About Tata Power Renewable Energy Limited:
Tata Power Renewable Energy Limited (TPREL) is a subsidiary of The Tata Power Company Limited and is one of the country’s most significant renewable energy players. TPREL is a developer of renewable energy projects (including solar, wind, hybrid, round-the-clock (RTC), peak, floating solar, and storage systems including battery storage) that it owns, operates, and maintains. It also offers comprehensive green energy solutions for rural and urban areas like turnkey, EPC and O&M solutions for various business segments like utility-scale projects, solar rooftop, and solar pump systems. Alongside its extensive portfolio of renewable solutions, the company boasts a cutting-edge solar cell and module manufacturing plant in Bengaluru, with capacities of 530 MW for solar cells and 682 MW for modules. The company’s 4.3 GW cell and module manufacturing plant in Tirunelveli, Tamil Nadu is the country’s largest single-location cell and module manufacturing plant. In addition, TPREL also provides electric vehicle (EV) charging solutions across various segments and other advisory solutions across the renewable sector. As on date, TPREL’s total renewable utility capacity is 11.3 GW (PPA capacity is 9.3 GW) including 5.6 GW projects under various stages of implementation and its operational capacity is 5.7 GW, which includes 4.7 GW solar and 1 GW wind. Presently, the company’s solar EPC portfolio is more than 15.7 GWp of ground-mount utility-scale, over 3 GW of rooftop and distributed ground-mounted systems. TPREL aims to provide energy access to millions of people across the country via its integrated green energy solutions. Know more: www.tatapowersolar.com
About Tata Power:
Tata Power Company Limited, a leading integrated power company and a part of the Tata Group, India’s largest multinational business conglomerate, owns a diversified portfolio of 15.9 GW. This portfolio spans the entire power value chain, from renewable and conventional energy generation to transmission, distribution, trading, storage solutions, and solar cell and module manufacturing. As a pioneer in India’s clean energy transition, Tata Power has 7.0 GW of clean energy generation, constituting 44% of its total capacity. Committed to achieving carbon neutrality before 2045, Tata Power has successfully partnered with public and private entities across India’s generation, transmission, and distribution sectors, serving approximately 12.9 million customers nationwide.
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The following press release/announcement may contain forward-looking statements within the meaning of applicable securities laws and regulations. These statements are based on management’s current views, expectations, assumptions, and projections regarding the Company’s future performance, business plans, growth prospects, competitive and regulatory environment, and other related matters. Such forward-looking statements are subject to various risks and uncertainties, which may cause actual results to differ materially from those expressed or implied in the statements. Factors that could cause actual results to differ materially from those contemplated in the forward-looking statements are not limited to changes in economic conditions affecting demand/supply and price conditions in the domestic and overseas markets in which the Company operates, alterations in the business environment, fluctuations in Government regulations, laws, statutes, judicial pronouncements, and other incidental factors. The Company does not undertake any obligation to publicly update or revise any forward-looking statements based on subsequent events, information, or developments, except as required by applicable laws and regulations
