Tata Power Arm Tata Power Renewable Energy Signed MoU With Rajasthan

Tata Power subsidiary Tata Power Renewable Energy Limited (TPREL) has signed a Memorandum of Understanding (MoU) with Rajasthan’s power distribution companies (Discoms) to promote rooftop solar adoption. 

The agreement includes Jaipur Vidyut Vitran Nigam Limited (JVVNL), Ajmer Vidyut Vitran Nigam Limited (AVVNL), and Jodhpur Vidyut Vitran Nigam Limited (JDVVNL) and focuses on implementing the Pradhan Mantri Surya Ghar: Muft Bijali Yojana (PMSG: MBY) in residential areas.

Focus Areas

The partnership aims to increase solar installations in Rajasthan, starting with cities like Jaipur, Udaipur, Jodhpur, Kota, and Bikaner before expanding to other regions. This will involve awareness programs, vendor training, and cost-effective solutions to encourage more households to adopt solar energy.

Officials Present at the Signing

The MoU was signed in the presence of Additional Chief Secretary – Energy, Alok, and Chairperson of Rajasthan Discoms, Arti Dogra. Other attendees included Deepesh Nanda, CEO & Managing Director of TPREL, and Shivram Bikkina, Chief of Solar Rooftop & EV Charging Business at TPREL. 

Senior officials from Rajasthan Discoms and representatives of the PMSG: MBY scheme were also part of the signing event.

Rajasthan’s Solar Energy Push

Rajasthan has been focusing on increasing its renewable energy capacity, and this partnership is part of that larger plan. The state already has a major presence in solar energy, and rooftop installations are seen as a way to expand its renewable portfolio while providing cost-efficient energy alternatives to households.

With the initial phase targeting major cities in Rajasthan, further expansion will depend on adoption rates and infrastructure readiness. 

TPREL’s Role

TPREL has been involved in various renewable energy projects across the country. Under this MoU, the company will work with Rajasthan Discoms to streamline solar adoption, provide pricing for installations, and train local vendors for better execution.

Tata Power Company Ltd was trading at ₹372.75, up ₹20.60 (5.85%) today as of Feb 1, 12:14 PM, but has declined 5.08% over the past month and 4.23% over the past year.

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