Tata Power Trading Company Limited (TPTCL), a wholly owned subsidiary of Tata Power, and 75F Smart Innovations India Private Limited have signed an agreement to jointly promote building automation and energy-efficiency solutions in the commercial building space across industry verticals like IT/ITeS, BFSI hospitality, healthcare, education, government and retail.
The association will greatly help businesses optimise their energy consumption and usage. With this collaboration, TPTCL and 75F will jointly offer solutions in the space of heating, ventilation, and air conditioning (HVAC) optimisation and smart building automation powered by cutting-edge technologies like the internet of things (IoT), cloud, and artificial intelligence/machine learning. These solutions will help commercial buildings with centrally air-conditioned spaces attain assured savings on their HVAC energy consumption, which typically constitutes 50 per cent or more of total building energy consumption, along with intelligent automation, analytics, and actionable insights regarding their facility and portfolio data.
TPTCL holds a Category-I trading license and is engaged in the business of energy sourcing, trading, and energy efficiency services. TPTCL is also a Grade-1 ESCO certified by the Bureau of Energy Efficiency (BEE). 75F Smart Innovations, provides a full-stack, IoT-based building management system that includes sensors, zone controllers, master controllers, an integrated building intelligence solution (BIS) and sophisticated portfolio analytics.
Due to increased economic activity, power consumption in commercial establishments has increased manifold. The use of energy conservation solutions can significantly help reduce costs and result in energy savings for businesses/building owners. The move is in alignment with the Energy Conservation Act, which mandates commercial buildings to follow the energy efficiency code. In 2017, BEE launched the energy conservation buildings code for commercial buildings.