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 the countryside and impact 25 million people, the two organisations said in a joint statement on Monday. The venture will become the world’s largest microgrid developer and operator, they said.
