New Delhi, December 15, 2023: TP Renewable Microgrid (TPRMG), a wholly-owned subsidiary of Tata Power, has announced that its innovative Renewable Microgrid initiative is featured in the World Economic Forum’s report on “Using a People-Positive Approach to Accelerate the Scale-up of Clean Power: A C-Suite Guide for Community Engagement.” This report was released at the recently concluded 28th United Nations Climate Change Conference (COP28).
The report emphasizes the significance of a people-positive approach as a pivotal factor in accelerating the transition to clean power while delivering broader social, economic, and environmental value while also highlighting the necessity of involving communities in the shift towards sustainable energy to ensure that the transition benefits all stakeholders.
TPRMG has been instrumental in bringing clean electricity to rural India. The initiative has commissioned renewable microgrids in 200 villages in northwest India, impacting around 300,000 lives. Serving a consumer base of about 21,000, these microgrids have saved over 3 million litres of diesel and reduced more than 8,000 tons of carbon dioxide annually.
Dr Praveer Sinha, CEO and MD, Tata Power said, "We are privileged to set up Renewable Microgrids for providing clean energy in rural India. We are committed to advancing India's renewable energy initiatives through innovative micro-enterprise solutions in rural areas”.
The project's approach is centred around shared value creation, with a strong focus on community engagement. By collaborating with various stakeholders, including social influencers, governments, local communities, and technology innovators, TP Renewable Microgrid has developed solutions that address the specific needs of each community. This collaborative effort has resulted in the installation, operation, and maintenance of projects, while also delivering significant economic, environmental, and social benefits to local communities.
TP Renewable Microgrid isproviding clean energy along with creating an ecosystem for socio-economic development in rural India. This initiative aligns with India’s broader goal of transitioning to reliable, sustainable, and community-focused energy solutions, and is an example of how the power sector can provide reliable and clean power to communities that have traditionally relied on fossil-based power.
