Published On:November 8 2024
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Tata Power and Noida International Airport Ink 25-Year Agreement for Solar and Wind Energy Supply.

Tata Power and Noida International Airport Ink 25-Year Agreement for Solar and Wind Energy Supply.

Tata Power announced a 25-year partnership with Noida International Airport (NIA) recently to supply solar and wind energy, supporting the airport’s clean energy requirements. The initiative involves a ₹550 crore investment in renewable infrastructure, including solar and wind power facilities, smart energy systems, and essential utilities, underscoring Tata Power's commitment to sustainable energy.

Under this agreement, Tata Power will manage NIA’s renewable energy portfolio through a comprehensive Power Purchase Agreement (PPA). Tata Power Trading Company Limited (TPTCL) will supply 10.8 MW of wind energy from Tata Power Renewable Energy Ltd. (TPREL) assets.

“Tata Power is proud to partner with Noida International Airport to pioneer renewable energy integration. As the nation expands its aviation infrastructure, we are leading the charge by providing innovative clean energy solutions,” said Praveer Sinha, CEO & MD of Tata Power. He noted that the collaboration aligns with the goal of developing Net Zero Airports, advancing India’s progress towards a greener future.

According to Tata Power’s statement, this partnership reflects its mission to provide large-scale sustainable energy solutions, integrating green initiatives into India’s expanding airport infrastructure. Noida International Airport's first phase will accommodate 12 million passengers annually, with an ultimate capacity of 70 million passengers once all development phases are completed.

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