Corporate News
Home >> Markets >> Equity >> News >> Corporate News Detailed News
Tata Power Renewable Energy signs PPA with GE for 5MW solar projects
(19:49, 13 Jun 2018)
Tata Power Renewable Energy has entered into a Power Purchase Agreement (PPA) with GE to provide solar rooftop solutions for six manufacturing and services sites in India.

Tata Power will install solar rooftop projects at manufacturing sites located at Durgapur in West Bengal, Pallavaram and Hosur in Tamil Nadu, multi-modal manufacturing site at Pune and upcoming factory at Marhowra in Bihar and maintenance facility at Roza in Uttar Pradesh. The project would be executed on build-own-operate basis.

The installation of the solar rooftop projects will help to generate over 1 million kWh of electricity per year and will lead to an average tariff reduction of around 30 percent. GE will also be able to curb the emission of over 13,000 kg of carbon dioxide per day.

Powered by Capital Market - Live News

Adani Ports & Special Economic Zone Ltd     362.45   Down   -8.10 (-2.19%)   Asian Paints Ltd     1,269.20   Down   -12.85 (-1.00%)   Axis Bank Ltd     517.20   Down   -5.35 (-1.02%)   Bajaj Auto Ltd     2,849.80   Down   -45.50 (-1.57%)   Bajaj Finance Ltd     2,270.60   Up   27.45 (1.22%)   Bajaj Finserv Ltd     5,913.20   Down   -82.55 (-1.38%)   Bharat Petroleum Corporation Ltd     413.60   Down   -9.50 (-2.25%)   Bharti Airtel Ltd     371.20   Up   0.30 (0.08%)   Bharti Infratel Ltd     287.75   Down   -3.55 (-1.22%)   Cipla Ltd     601.85   Down   -4.65 (-0.77%)   Coal India Ltd     272.95   Down   -1.25 (-0.46%)   Dr Reddys Laboratories Ltd     2,393.00   Up   7.15 (0.30%)   Eicher Motors Ltd     29,949.65   Down   -185.65 (-0.62%)   GAIL (India) Ltd     342.75   Up   4.65 (1.38%)   Grasim Industries Ltd     1,010.10   Down   -10.00 (-0.98%)   HCL Technologies Ltd     920.45   Down   -12.75 (-1.37%)   HDFC Bank Ltd     2,023.50   Up   4.35 (0.22%)   Hero Honda Motors Ltd     3,652.75   Down   -13.40 (-0.37%)   Hindalco Industries Ltd     225.80   Down   -5.20 (-2.25%)   Hindustan Petroleum Corporation Ltd     313.00   Down   -9.10 (-2.83%)   Hindustan Unilever Ltd     1,601.00   Down   -7.55 (-0.47%)   Housing Development Finance Corporation Ltd     1,828.00   Up   4.45 (0.24%)   ICICI Bank Ltd     292.80   Down   -0.20 (-0.07%)   Indiabulls Housing Finance Ltd     1,182.60   Down   -17.35 (-1.45%)   Indian Oil Corporation Ltd     168.60   Down   -5.30 (-3.05%)   IndusInd Bank Ltd     1,931.50   Down   -36.45 (-1.85%)   Infosys Technologies Ltd     1,241.60   Down   -25.80 (-2.04%)   ITC Ltd     266.05   Up   1.50 (0.57%)   Kotak Mahindra Bank Ltd     1,303.25   Down   -12.05 (-0.92%)   Larsen & Toubro Ltd     1,310.40   Down   -12.80 (-0.97%)   Lupin Ltd     897.85   Down   -4.35 (-0.48%)   Mahindra & Mahindra Ltd     891.40   Down   -22.50 (-2.46%)   Maruti Suzuki India Ltd     8,862.60   Down   -110.85 (-1.24%)   NIFTY (S&P CNX)     10,710.45   Down   -89.40 (-0.83%)   NTPC Ltd     156.15   Down   -0.85 (-0.54%)   Oil & Natural Gas Corpn Ltd     164.80   Up   0.20 (0.12%)   Power Grid Corporation of India Ltd     198.70   Up   0.05 (0.03%)   Reliance Industries Ltd     996.05   Down   -19.50 (-1.92%)   State Bank of India     272.60   Down   -4.25 (-1.54%)   Sun Pharmaceuticals Industries Ltd     559.95   Down   -10.15 (-1.78%)   Tata Consultancy Services Ltd     1,824.50   Down   -4.50 (-0.25%)   Tata Motors Ltd     305.05   Down   -3.75 (-1.21%)   Tata Steel Ltd     555.00   Down   -3.50 (-0.63%)   Tech Mahindra Ltd     695.75   Down   -14.80 (-2.08%)   Titan Company Ltd     889.00   Down   -8.70 (-0.97%)   UltraTech Cement Ltd     3,648.00   Down   -21.50 (-0.59%)   UPL Ltd     674.10   Down   -18.15 (-2.62%)   Vedanta Ltd     224.30   Down   -7.90 (-3.40%)   Wipro Ltd     261.00   Down   -4.75 (-1.79%)   Yes Bank Ltd     330.90   Down   -0.75 (-0.23%)   Zee Entertainment Enterprises Ltd     554.50   Down   -6.70 (-1.19%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com