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Tata Power Renewable signs power purchase pact with GE

Press Trust of India  |  New Delhi 

Renewable Ltd today said it has entered into a (PPA) with GE to provide for six manufacturing and services sites in

"will install at manufacturing sites located at Durgapur in West Bengal, Pallavaram and Hosur in Tamil Nadu, at Pune and upcoming factory at Marhowra in and maintenance facility at Roza in Uttar Pradesh," the company said in a statement.

The project would be executed on build-own-operate basis, it said.

Renewable Ltd is the wholly-owned arm of Tata Power.

The installation of the will help to generate over 1 million kWh of per year, and will lead to an average tariff reduction of around 30 per cent, the statement said.

GE will also be able to curb the emission of over 13,000 kg of carbon dioxide per day.

"We are hopeful that the renewable segment will also be encouraged by these cost optimised solutions," Tata Power (Renewables) said in a statement.

"is an for GE and sustainability is at the core of our Generation of solar power at our will help us in reducing our carbon footprint," said Amit Kumar, Vice President, - GE and

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, June 12 2018. 20:30 IST