Tata Power today announced a new business in partnership with the Rockefeller Foundation under which it will set up micro-grids based on renewable power and manage electricity supply in rural areas. It has formed a new company, TP Renewable Microgrid Ltd, which will target 10,000 micro-grids across India.
In the first phase, some 200 villages have been identified in Uttar Pradesh, Bihar and some parts of c, Praveer Sinha, chief executive officer, Tata Power told Business Standard.
TP Renewable Microgrid Ltd will be managed by Tata Power, which has 11,000 Mw of installed grid-scale generation capacity and over 2.6 million