Tata Power Share Price in Focus as Company Partners with Keppel & Tata Realty for 12,100 TR Cooling Service at Chennai's Intellion Park

Written by: Team Angel OneUpdated on: 30 Apr 2026, 9:24 pm IST
Tata Power and Keppel partner with Tata Realty to deploy a 12,100 TR cooling service at Intellion Park, Chennai, reducing energy use by over 20%.
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Tata Power, in partnership with Keppel, has teamed up with Tata Realty & Infrastructure Limited to introduce a large-scale Cooling-as-a-Service (CaaS) solution at Intellion Park, Chennai.  

This initiative aims to significantly reduce energy consumption at the facility. 

Large-Scale Cooling Deployment 

The collaboration involves deploying a 12,100 TR CaaS solution at Intellion Park, which spans 25.27 acres in Chennai's Taramani IT corridor.  

This project is expected to go live in October 2026 under a 15-year contract. The solution is engineered to reduce the facility's energy consumption by over 20%, utilising high-efficiency equipment and intelligent controls. 

The core of this solution is an AI and ML-driven Operations Nerve Centre, patented by Keppel, which facilitates real-time monitoring and predictive analytics to optimise performance.  

This system enhances efficiency, reliability, and sustainability across the facility. 

Integrated Energy Ecosystem 

Intellion Park sources green power from Tata Power, and the addition of CaaS strengthens its low-carbon energy ecosystem.  

The partnership is expected to extend to broader HVAC systems, unlocking further efficiency gains and improving occupant comfort. 

Read More: Tata Power Share Price in Focus; Incorporates Wholly Owned Unit TP Urja Limited! 

Comments from Key Stakeholders 

Dr. Praveer Sinha, CEO & MD of Tata Power, highlighted the importance of optimal cooling solutions in India's growing commercial real estate sector. He emphasised the role of CaaS in delivering efficient, low-carbon cooling at scale. 

Mr. Sanjay Dutt, MD & CEO of Tata Realty, remarked on the shift from ownership-led infrastructure to a service-led model, focusing on performance and outcomes. He noted the collaboration as a blueprint for delivering superior operational outcomes and long-term environmental value. 

Future Projects and Expansion 

Beyond Intellion Park, Tata Power and Keppel have secured additional CaaS projects, including commercial real estate and specialised industrial facilities.  

These projects span data centres, advanced manufacturing, and district cooling systems for large developments. 

Tata Power Share Price Performance 

As of April 30, 2026, at 2:11 PM, Tata Power share price on NSE was trading at ₹443.00 down by 1.88% from the previous closing price. 

Conclusion 

The collaboration between Tata Power, Keppel, and Tata Realty at Intellion Park, Chennai, marks a significant step in deploying scalable cooling solutions in India. This initiative not only enhances energy efficiency but also aligns with the country's sustainability goals. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Apr 30, 2026, 3:52 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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