Tata Power & Indraprasth Gas sign pact for green energy solutions

<p>Tata Power, India’s largest integrated power utility & IGL, India’s largest CNG distribution company signed a Memorandum of Understanding (MoU) on 2nd April, Tuesday.</p><p>The pact was about green energy solutions such as rooftop solar projects, and various other integrated services including setting up of commercial scale EV charging/battery swapping stations.</p><p>The MoU was signed in the presence of IGL Managing Director E. S. Ranganathan, Tata Power CEO and Managing Director Praveen Sinha, GAIL Chairman and Managing Director B. C. Tripathi, amongst other senior officials of both the companies.</p><p>While 8 GW of solar bids have been cancelled in the Financial Year 2019 leaving investors in a turmoil and making the goal of achieving 1,00,000 MW of solar capacity a seemingly impossible task, such pacts do give hope of integration of green energy with commercial life as well.</p>