{"id":425891,"date":"2021-07-14T12:23:33","date_gmt":"2021-07-14T06:53:33","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=425891"},"modified":"2021-07-14T12:23:33","modified_gmt":"2021-07-14T06:53:33","slug":"ceat-ties-up-with-tata-power-to-set-up-captive-solar-plant-for-mumbai-facility","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ceat-ties-up-with-tata-power-to-set-up-captive-solar-plant-for-mumbai-facility\/","title":{"rendered":"Ceat ties up with Tata Power to set up captive solar plant for Mumbai facility"},"content":{"rendered":"<p>Tyre maker Ceat on Tuesday said it has tied up with Tata Power NSE 0.40 % to establish a 10MW captive solar plant at the latter&#8217;s Solapur site for powering its tyre manufacturing facility in Bhandup (Mumbai). Tata Power has created a special purpose vehicle (SPV) &#8212; TP Akkalkot Renewable Ltd &#8212; which will be responsible for undertaking the construction, operation and maintenance of this captive solar power plant, Ceat NSE 6.10 % said in a release. While Ceat will hold 26 per cent stake in the SPV, Tata power will own 74 per cent, as per the captive generation rules, it said. &#8220;Through TP Akkalkot, we aim to continue to build a robust renewables portfolio and expand our horizons in the captive power generation sector,&#8221; said Ravinder Singh, Chief-Solar Rooftops Business at Tata Power.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tyre maker Ceat on Tuesday said it has tied up with Tata Power NSE 0.40 % to establish a 10MW captive solar plant at the latter&#8217;s Solapur site for powering its tyre manufacturing facility in Bhandup (Mumbai). Tata Power has created a special purpose vehicle (SPV) &#8212; TP Akkalkot Renewable Ltd &#8212; which will be responsible for undertaking the construction, operation and maintenance of this captive solar power plant, Ceat NSE 6.10 % said in a release. While Ceat will hold 26 per cent stake in the SPV, Tata power will own 74 per cent, as per the captive generation [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-425891","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/425891","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=425891"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/425891\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=425891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=425891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=425891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}