Noida: Tata Power has announced a partnership with the upcoming Noida International Airport (NIA) wherein it will invest Rs 550 crore to develop solar and wind power infrastructure in order to supply clean energy to NIA.
Under the partnership, Tata Power Trading Company Ltd (TPTCL) will provide 10.8 MW of wind power to the airport through secured assets from Tata Power Renewable Energy Ltd (TPREL). Additionally, TPREL will also develop, operate, and maintain a 13 MW onsite solar power capacity to cater to the airport’s overall energy needs. Highlighting the significance of the collaboration, Praveer Sinha, Chief Executive Officer (CEO) & Managing Director, Tata Power stated that the partnership will support the development of Net Zero Airports, catering to millions of Indians, accelerating the country’s path towards a greener future.
The first phase of Noida International Airport, having one runway and one terminal, will be able to manage 12 million passengers annually. Subsequently, upon the completion of all four phases, the airport is expected to accommodate 70 million passengers per year.
