Tata is a major player in the power generation and transmission business in India, generating a large amount of electricity in the past year. They have also invested heavily in developing infrastructure for electric vehicle charging stations, both at homes and public locations, and have plans to increase their customer base significantly in the coming years.
Tata has set ambitious goals to shift their energy generation mix from 66% coal and 34% renewable sources to 80% renewable and 20% coal by 2030, and ultimately to 100% renewable by 2040. This aligns with global efforts to reduce carbon emissions and move towards a sustainable energy future.
The company has a diverse portfolio of renewable energy sources, including thermal, hydro, wind, and solar, with an installed capacity in the thousands of megawatts. They have also made significant investments in the development of solar panels.
Tata’s vision of building an ecosystem for electric vehicles includes utilizing its power generation and transmission expertise to create a network of charging stations powered by renewable energy, including solar panels developed by the company. This strategy positions Tata to be a major player in the emerging electric vehicle market in India and contributes to the global effort to transition to a more sustainable energy future.
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