India-based energy company Tata Power Renewable Energy has announced that it will build a 966 MW hybrid renewable power plant for Indian steelmaker Tata Steel.
The project, which will have the hybrid renewable capacity of 379 MW solar and 587 MW wind power, will fulfil a significant part of Tata Steel’s green energy requirements in India, saving annual 23,89,160 tons of carbon emissions. Tata Steel will invest 26 percent equity in the given project, which will be commissioned by June 1, 2025.
With the project, the total renewable energy capacity of Tata Power Renewable Energy will reach 7,756 MW.
Tata Steel has an annual crude steel capacity of 35 million mt.