Tata Power Renewable Energy Limited (TPREL) entered into a power delivery agreement (PDA) with Sanyo Special Steel Manufacturing India Private Limited (SSMI). This agreement pertains to a captive solar plant situated in Aachegaon, Solapur, Maharashtra, boasting a capacity of 28.125 MW (AC) or 39.375 MWp DC. The primary purpose of this solar plant is to generate approximately 61.875 Million Units (MUs) of electricity annually, fulfilling the energy demands of SSMI’s steel manufacturing unit.
The Aachegaon facility, with an overall capacity of 120 MWp AC, is on track to be operational by March 2024, as per the scheduled timeline. The solar energy harnessed from this initiative will not only cater to SSMI’s green power needs but also align with the United Nations Sustainable Development Goals, thereby contributing positively to sustainable development.