NTT Com-Netmagic partners with Tata Power to build 50 MW solar project

NTT Com- Netmagic, one of the leading managed hosting and multi-cloud hybrid IT solution provider in India, has announced a partnership with Tata Power, one of India’s largest integrated power company, to build its first 50 MW Solar Photovoltaic (PV) power plant in Solapur, Maharashtra, India. This initiative enables NTT Com-Netmagic to meet the green energy needs and optimise operating costs.

This solar power project is aimed at reducing CO2 emission at an average by about 70,000 tonnes per annum, with the increased power and cooling demands of NTT Com-Netmagic’s data centres in the city.

The power will be supplied through open access under a long-term power purchase agreement. Poolawadi Windfarm Limited, a subsidiary of Tata Power Renewable Energy Limited (TPREL) has signed definitive agreements to supply 50 MW solar power to NTT Com-Netmagic.

The capacity will be built in a phased manner with initial capacity of 35 MW increasing up to 50 MW within 24 months of initial commissioning of the plant.

“We are extremely pleased to partner with Tata Power to bolster deeper adoption of sustainable and renewable sources of energy to provide reliable and consistent power supply to our clients,” said Sharad Sanghi, MD & CEO, NTT Com-Netmagic. “This project epitomises our continued commitment to ensuring sustainable development of India’s digital growth story. We have been also using renewable sources of energy, including wind and solar power plants in Bengaluru and Chennai through open access.”

Praveer Sinha, CEO & MD, Tata Power said, “It’s our constant endeavour to explore new opportunities across the country through various initiatives to provide reliable and sustainable renewable power. This is our first big initiative through a captive route and the company continues to build the foundation for a significant growth in renewables.”