 "Tata Power, Keppel team up for sustainable cooling solutions in India")
Tata Power Trading Company, a subsidiary of Tata Power, has entered into an agreement with Singapore-headquartered Keppel to launch sustainable Cooling-as-a-Service (CaaS) solutions in India, marking the Indian company’s entry into the segment.
The company on Thursday said that the collaboration aims to provide state-of-the-art CaaS solutions, delivered through the deployment of both large-scale District Cooling Systems (DCS)1 as well as individual building systems to serve India’s key urban areas, commercial and industrial sectors.
The company said that CaaS enables businesses and building owners to subscribe to long-term, energy-efficient space cooling solutions without having to invest in related infrastructure.
The collaboration will focus on high-demand environments, such as airports, IT parks, Special Economic Zones, data centres, and other industrial and commercial properties.
Tata Power will also provide comprehensive energy solutions through the supply of power, energy management services, e-mobility, solar PV/wind, and carbon offsets. Keppel, a global asset manager and sustainability solutions operator, will provide expertise from designing and operating CaaS solutions in Asia to jointly explore opportunities with Tata Power in the Indian market, the release said.
Poh Tiong Keng, executive director, emerging markets, EaaS, Infrastructure, Keppel said, “We are pleased to partner with Tata Power, leveraging their strong local presence, to deliver our innovative and proven Cooling-as-a-Service solutions to the vast Indian market. Leveraging artificial intelligence and machine learning, Keppel has successfully implemented energy-efficient cooling solutions in Singapore and other parts of Asia.”