Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
27 May, 2018 19:22 IST
Tata Power's arm commissions India's first rooftop solar carport
Source: IRIS | 28 Nov, 2017, 10.16AM
Comments  |  Post Comment

Tata Power's wholly owned subsidiary Tata Power Solar Systems has commissioned an unprecedented rooftop project in India - a solar carport on the rooftop of the sprawling 70,000 sq. mtr. Unity One mall, a Unity Group endeavor in Rohini. The unique rooftop carport is estimated to set off 438 Tons of carbon emission annually. Tata Power Solar won the bid in the open tender process fielded by Delhi Metro Rail Corporation (DMRC) for multi-level car parking.

The project has been envisaged under net-metering scheme enabling self -reliance in the energy consumption and production cycle. It enables the mall to receive real value of the energy produced by earning on the unused and excess solar electricity produced. It also cuts down the need to install a second meter or an expensive battery storage system as it is directly connected to the local power grid.

Ashish Khanna, ED and CEO, Tata Power (Q,N,C,F)* Solar said, "We feel proud to be associated with yet another milestone solar project for India. It has been achieved by our excellent engineering skills and project management capabilities. After earning the distinction of executing world's largest rooftop at a single location and India's largest carport at Cochin, we feel proud to accomplish India's first carport on a rooftop."

Tata Power Solar has been consistently ranked number one rooftop player for four years in running (Bridge to India). It is rated tier-1 module manufacturer by BNEF (Bloomberg New Energy Fund). It has shipped 1 GW modules to over 30 countries - the first Indian company to achieve this milestone.

Shares of the company gained Rs 1.2, or 1.26%, to trade at Rs 96.45. The total volume of shares traded was 351,278 at the BSE (10.01 a.m., Tuesday).

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Company Update
Sun Pharmaceutical Industries quarterly earnings up 7% - 25-May-2018 16:12
Tech Mahindra quarterly profit zooms 2.09 times to Rs 12.31 bn - 25-May-2018 16:02
Lupin submits MAA for Etanercept Biosimilar in Europe - 25-May-2018 12:35
HDFC Sec maintains 'Buy' on Granules India - 25-May-2018 11:37
Zydus Cadila gets USFDA nod for Dutasteride, Tamsulosin HCl capsules - 25-May-2018 11:05
Pidilite Industries quarterly earnings surge 57.43% - 25-May-2018 10:34
United Breweries quarterly earnings soar 13.51 times - 25-May-2018 10:23
Larsen & Tubro bags order worth Rs 31.91 bn - 25-May-2018 09:57
MCX strengthens precious metals suite with launch of silver options - 24-May-2018 17:54
Granules India quarterly earnings plummet 55% - 24-May-2018 17:04
GAIL (India) quarterly profit zooms 3.92 times - 24-May-2018 16:58
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer