KOLKATA | July 10, 2017: Tata Steel has commissioned a solar power plant at its iron ore mines in Noamundi, as part of its initiative towards reducing carbon footprint. As part of the effort, the company set up a 3 MW Solar Photovoltaic (PV) Power Plant at Noamundi, at an investment of Rs 35 crore.

Incidentally, it is also the first solar power plant to be set up in any iron ore mine in the country. The project, which will serve the company's captive requirement around its mining locations, was executed by Tata Power Solar, will help in reducing carbondioxide (CO2) emission by about 3,000 tonnes per annum.

The power plant was jointly inaugurated on Monday by T V Narendran, Managing Director, Tata Steel India & SEA along with Mr Ashish Khanna, Executive Director & CEO., Tata Power Solar and Mr Sanjeev Mehra, Managing Director, Tata Power Trading Company, in the presence of Mr Rajeev Singhal, Vice President (Raw Materials), Tata Steel, Mr Pankaj Satija, General Manager (Ore Mines & Quarries), Tata Steel and other senior officials of the company.

Speaking on the occasion, T V Narendran said: “We have constantly looked at opportunities to exploit renewable energy sources. This is yet another milestone in our quest to become a sustainability driven company, committed to exploring clean energy solutions.”

The project came to light as a result of the synergy between three Tata group companies - Tata Steel, Tata Power Solar and Tata Power Trading Company. With Tata Steel as the sole buyer of all electricity at a contracted tariff, this partnership demonstrates its commitment to climate action and voice support for supporting a strong outcome at the UN Climate Change Conference Paris 2015 (COP 21), a statement issued by Tata Steel said.

(Source: http://economictimes.indiatimes.com/)