* The MoU aims to create a sustainable lifestyle from design to operations of real estate asset classes
* The partnership will offer Rooftop and Open Access Solutions including EV Charging Points for ISS's India clientele
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power and one of the most significant renewable energy players in the country, has signed a Memorandum of Understanding (MoU) with ISS Global, a leading workplace experience and facility management company, committing to a common goal of promoting clean and sustainable energy solutions. This collaboration aims to power all the campuses of ISS India with green energy and implement TPREL's green solutions and products to make the sustainable lifestyle accessible to all.
The MoU was signed by Mr. Ashish Khanna, CEO, Tata Power Renewable Energy Limited and Jacob Aarup-Andersen, Group CEO of ISS A/S, and Aksh Rohatgi, CEO & Country Manager of ISS India. The agreement was presented at a joint business conference, which took place in New Delhi as part of the Danish Royal visit to India.
This strategic collaboration aims at encouraging a cleaner and greener future for India with Tata Power Renewable Energy Limited supplying reliable and cost-effective power through open access and rooftop solutions. It will cover a wide range of facilities, including commercial and industrial properties, data centers, and various real estate asset classes, and support ISS India in converting all its clients’ portfolios to green energy within a stipulated time period.
Mr. Ashish Khanna, CEO, Tata Power Renewable Energy Limited, said, "Mr. Ashish Khanna, CEO, Tata Power Renewable Energy Limited, said, "We, at Tata Power Renewables, are unwavering in our commitment to offering clean energy products and solutions to promote sustainable lifestyle. Through this partnership with ISS India, we look forward to accomplishing our mutual goal of a sustainable future in the expanding facilities management industry. This will also support Tata Power's goal of achieving net zero emissions by 2045."
Additionally, the collaboration will also promote sustainable lifestyles through IoT-based home automation products, allowing the control and operation of electrical devices from anywhere through a mobile app or voice control. The partnership will also provide innovative solar rooftop solutions to maximise savings on energy bills and enable seamless electric mobility through installation and annual maintenance of EV charging points, accessible through a mobile app.
As part of its ESG roadmap, Tata Power is working towards becoming carbon net zero by 2045. The company also aspires to achieve a clean energy portfolio of 80% by 2030 and 100% before 2045 and is committed to becoming 100% water neutral and zero waste to landfill before 2030.
Talking about the partnership, Jacob Aarup-Andersen, Group CEO of ISS A/S said, "At ISS, we recognise the full scope of the ongoing climate and environmental crisis. And we are strongly committed to carrying out our operations and delivering our services in a sustainable way. As one of ISS Group's key markets and an important player in the APAC region, India holds significant potential for addressing the challenge of climate change and advancing sustainable solutions. We are confident that our collaboration with Tata Power will have a meaningful impact and help India achieve its sustainability goals. At the same time it will contribute significantly to ISS’s commitment of reaching full-scope net zero emissions by 2040, including our full supply chain."
Aksh Rohatgi, CEO and Country Manager of ISS India, said, "At ISS India, we are unwavering in our commitment to addressing climate change and driving sustainability. As we work towards a net-zero future, it is essential that we partner with organizations that share our vision and bring complementary strengths to the table. Our collaboration with Tata Power Renewable is a critical part of our sustainability strategy, allowing us to guide our clients towards a more sustainable future and provide them with access to smart, eco-friendly solutions. With Tata Power Renewable's expertise in the energy sector and ISS's experience in providing smart solutions and services in the facility management sector, we are confident that this partnership will not only leverage our collective expertise, resources, and networks to accelerate progress towards a more sustainable future but also it embodies our mission of connecting people and places to make the world a better place."
A crucial part of ISS’s sustainability strategy towards net zero greenhouse gas emissions within scope 1 and 2 by 2030 and full-scope net zero emissions by 2040. ISS's association with Tata Power Renewable demonstrates its dedication to be recognised among the best environmental leaders and a catalyst of real change in its industry.
ISS Facility Services India is a subsidiary of the global facility management services and workplace experiences leader ISS A/S (ISS Group).
About ISS A/S (ISS Group)
ISS is a leading workplace experience and facility management company. In partnership with customers, ISS drives the engagement and well-being of people, minimises the impact on the environment, and protects and maintains property. ISS brings all of this to life through a unique combination of data, insight and service excellence at offices, factories, airports, hospitals and other locations across the globe. ISS has more than 350,000 employees around the globe, who we call ‘Placemakers’. In 2022, ISS Group’s global revenue amounted to DKK 76.5 billion For more information on the ISS Group, visit www.issworld.com
About ISS Facility Services (India)
ISS Facility Services India, headquartered in Mumbai, is a subsidiary of the Denmark-based global facility management services and workplace experiences leader ISS A/S (ISS Group). The company started its operations in India in 2005 and today has over 43,400 employees managing more than 180 Mn. Sq. Ft. of area for over 1,000 clients across the country.
ISS’s unique Integrated Facility Services (IFS) model, high standards of compliance and self-delivery, have helped create a huge differentiation in the marketplace. ISS also implements industry-leading IFS solutions to deliver savings, compliance, experiences, strategy innovation, impact, value, and enhanced brand reputation for its customers. Its industry capabilities and customer communities in India focus primarily on three broad areas, including Financial Services, Technology & Professional Services, and Industry & Manufacturing, which also includes Heavy Engineering, Healthcare, Pharma, and FMCG.
About Tata Power Renewable Limited:
Tata Power Renewable Energy Limited (“TPREL”) is a subsidiary of The Tata Power Company Limited and is one of the most significant renewable energy players in the country. TPREL is a developer of renewable energy projects (including solar, wind, hybrid, round-the-clock (RTC), peak, floating solar, storage systems including battery storage) which it owns, operates and maintains. It also offers comprehensive green energy solutions for rural and urban areas like turnkey, EPC and O&M solutions for various business segments like utility scale projects, solar rooftop, and solar pump systems. Along with its extensive portfolio of renewable solutions, it has a state-of-the-art solar cell and module manufacturing plant of 1.2GW at Bengaluru and plans to set up a Greenfield 4 GW solar cell and 4 GW solar module plant. In addition, TPREL also provides electric vehicle (EV) charging solutions across various segments and other advisory solutions across the renewable sector.
As on date, TPREL’s total renewable utility capacity is 6,048 MW including 2,139 MW projects under various stages of implementation and its operational capacity is 3,909 MW, which includes 2,981 MW solar and 928 MW wind. Presently, the company's solar EPC portfolio is more than 10 GWp of ground-mount utility-scale, over 1.3 GW of rooftop and distributed ground mounted systems and over 95,000 solar water pumps. TPREL aims to provide energy access to millions of people across the country via its integrated green energy solutions. www.tatapowersolar.com
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