The Group wants to build 10,000 small local arrays in a country where not everyone has reliable electricity from the grid. Use the sharing tools found via the share button at the top or side of the articles. Copying articles to share with others is a violation of T & Canna and FT.com’s Copyright Policy. Email [email protected] to purchase additional rights. Subscribers can share up to 10 or 20 articles per month using the giftware service. Manoj Gupta has spent the last two years bouncing along the dusty roads of rural India, staring at solar panels.
A 107 – year – old Tata Power veteran, one of India’s oldest and largest electricity distributors, is tasked with improving a type of solar power installation known as a microgrid. While microgrids are typically used in philanthropic projects, as chief executive of the newly created subsidiary Tata Power Microgrid (TPMG), Gupta’s mandate is to create a commercial enterprise.
“Many would feel that this could only be a corporate social responsibility project,” Gupta said. He also said that his commander, Tata Power’s managing director Praveer Sinha, was “out of his neck”.
As India rushes to achieve ambitious energy transfer targets, including generating 500GW of renewable energy by 2030, Adani Group empires and Reliance Industries are investing billions of businesses in major renewable projects – from factories to produce green hydrogen to huge solar – powered farms