This unique collaboration will amplify the Government of India's ongoing campaign to provide electricity to rural areas, unleashing the potential of renewable microgrids to serve households and businesses that suffer from poor reliability and coverage by traditional grid-based power. Contact online >>
This unique collaboration will amplify the Government of India''s ongoing campaign to provide electricity to rural areas, unleashing the potential of renewable microgrids to serve households and businesses that suffer from poor reliability and coverage by traditional grid-based power.
TP Renewable Microgrid Ltd. will be operated and managed by Tata Power, India''s largest integrated power company with approximately 11,000 MW of installed generation capacity and over 2.6 million customers under management across Delhi, Ajmer and Mumbai. Tata Power brings significant experience in distributed energy, having established a joint venture with the Delhi government to serve a large portion of the local population, including sizeable slum communities.
"We are proud to bring energy to millions of people, once at scale, TP Renewable Microgrid Ltd. anticipates supporting 100,000 rural enterprises, creating 10,000 new green jobs, and providing irrigation for over 400,000 local farmers," said Tata Power CEO Praveer Sinha. "We look forward to empowering communities across India by creating micro enterprise and creating opportunities for all people."
TP Renewable Microgrid Ltd.''s anticipated rollout of 10,000 grids will drastically expand the global microgrid footprint, and will act as a catalyst for governments and the private sector to collaborate in building clean, resilient and stable grids in other markets. SPI, which was launched by The Rockefeller Foundation in 2015, would provide technical expertise to the enterprise, having built microgrids that today provide clean, distributed electricity to more than 200 villages in rural India.
"We have an unprecedented opportunity to transform the lives of millions of people in India by providing access to power," said Dr. Rajiv J. Shah, President of The Rockefeller Foundation. "Providing reliable electricity to the communities that need it most is one of the best ways for us to end poverty and unleash economic opportunity in our lifetimes."
TP Renewable Microgrid Ltd. reflects a scaling-up of The Rockefeller Foundation''s efforts to tackle energy poverty worldwide. In September 2019, The Rockefeller Foundation also announced the launch of the Global Commission to End Energy Poverty (GCEEP) to fast-track sustainable power solutions, investments, and partnerships that will deploy globally over the next decade.
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