Tata Power, Rockefeller Foundation plan 10,000 microgrids across rural India
NEW DELHI : Tata Power Co. Ltd., in collaboration with the Rockefeller Foundation, plans to develop 10,000 microgrids in India to boost access to affordable and reliable electricity to homes and enterprises across the nation’s vast rural areas.
Tata Power will set up a new unit, TP Renewable Microgrid Ltd., to build the microgrids through 2026 that will serve nearly 5 million homes in India’s countryside and impact 25 million people, the two organizations said in a joint statement Monday. The venture will become the world’s largest microgrid developer and operator, they said.
The plan “represents important scaling up of efforts to provide access to affordable, reliable and clean electricity in India, and will serve as a model for expanding access to more than 800 million people who are without power worldwide,” they said in the statement.
