Tata Motors and Welspun Renewable Energy sign PPA for 86 MW wind-solar hybrid project to power four manufacturing plants
telanganatoday.comTata Motors has signed a power purchase agreement with Welspun Renewable Energy to co-develop an 86 MW wind-solar hybrid project. The clean electricity will supply four of Tata Motors' manufacturing plants in Jharkhand, Uttar Pradesh, Uttarakhand, and Karnataka. The project is expected to generate 200 million units of clean electricity annually and offset over 140,000 tonnes of CO2 each year. This is part of Tata Motors' RE100 target to use 100% renewable electricity by 2030. The deal uses a co-investment model with a long-term PPA, which gives Tata Motors a direct stake in the project and a reliable green power supply for its commercial vehicle production. Welspun Renewable Energy is co-developing the wind-solar hybrid system. For manufacturers with multiple sites across different states, this structure could serve as a template for scaling corporate renewables in India without relying solely on grid purchases or unbundled certificates.
