No New Coal-Fired Projects for Tata Power as it Aims for Carbon Neutrality by 2050
The company also plans to develop over 25 GW of green energy capacity by 2030
July 8, 2021
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Indian power utility Tata Power aims to phase out its coal-based capacity and enhance its clean and green capacity to around 80% by 2030 from its current green portfolio of 31%. Through the move, the company aims to achieve carbon neutrality by 2050. The company will also set emission reduction targets in line with the Science-Based Target Initiative (SBTI).