The company is expected to commission 1.1 GW in FY27, 2 GW in FY28, 2.95 GW in FY29 and another 1.75 GW in FY30, according to estimates by Axis Capital
The procurement is being considered as a temporary arrangement to ensure uninterrupted electricity supply and reduce dependence on more expensive emergency purchases
Of the total storage projects executed during the quarter, 101.2 MWh was for TPREL's in-house portfolio, while 30 MWh was delivered for third-party projects
UltraTech's current green energy capacity of 2,024 MW comprises 1,580 MW of renewable energy capacity and 444 MW of WHRS capacity
Rahul Munjal, Founder & Chairman, Hero Future Energies, said on the partnership, “We are delighted to welcome Sumitomo Corporation as a strategic partner in this project."
CleanMax and Nuvoco will develop a 46.4 MW wind-solar hybrid project in Rajasthan to supply renewable power to cement operations
UltraTech’s Kukurdih Cement Works has met 100 per cent of its electricity requirements through green energy since April 2026
The investment will cover manufacturing of ingots, and wafers
The company has secured an order for a 534.3 MWp solar project in Rajasthan from a new customer. The project involves a Balance of System package
The capacity has been commissioned through ACME Greentech Seventh Private Limited, a wholly owned subsidiary of ACME Solar
The project will be developed in Chhatrapati Sambhajinagar district
The tractor manufacturer has already moved from sourcing no renewable electricity until June this year to meeting 50 per cent of its energy requirement through solar power
Tata Power Solaroof has also facilitated more than Rs 8,500 crore in financing through over 25 financing partners for residential and commercial and industrial (C&I) customers
Under the PPA, the project is required to provide four hours of peak-hour power with 90 per cent monthly availability, along with meeting a minimum annual capacity utilisation factor
IIFCL will be the sole lender for the project, with the financing carrying a repayment tenor of 19 years
OHM Global Mobility Limited will also operationalise electric buses for public transport in the state and expand its mobility solutions business
The company said shipments under the order began in July 2026
According to the company, the transaction has reduced borrowing costs by about 150 basis points across the issuing SPVs
