Tata Power Renewable Energy to set up 26 MW captive solar project for Neosym Industry in Maharashtra
In this regard, the company said it has already signed a power delivery agreement (PDA) with Neosym Industry Limited (Neosym) which is a leading Gray & S.G. iron casting, manufacturing company. The PDA is for 26-MW AC group captive solar plant, the Tata Power arm said. The project is anticipated to generate 59 million units of electricity annually. It is expected to start from March 2024 and reduce 32,500 tonnes of CO2 emissions annually.