Tata Power Company Limited has informed the Exchange regarding a press release dated April 30, 2026, titled "Tata Power and Keppel, through a consortium partnership, collaborate with Tata Realty & Infrastructure to deploy Large-Scale Cooling-as-a-Service Solution at Intellion Park, Chennai".
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Tata Power Trading Company Limited (TPTCL), a wholly-owned subsidiary of Tata Power, has partnered with Keppel Limited and Tata Realty & Infrastructure Limited to deploy a large-scale Cooling-as-a-Service (CaaS) solution at Intellion Park in Chennai. The project has an installed capacity of 12,100 TR (tonnes of refrigeration) and is expected to reduce the facility's energy consumption by approximately 20%. The solution features an AI- and ML-driven Operations Nerve Centre for real-time monitoring and predictive analytics. The 15-year contract is scheduled to go live in October 2026. The partnership is part of a broader strategy to scale CaaS across commercial real estate, data centres, and district cooling systems. Tata Realty aims to expand its portfolio to around 30 million sq. ft. by 2030 with net-zero goals by 2045. Note: The company explicitly states this is not a disclosure under SEBI Regulation 30.
This partnership expands Tata Power's service offerings into Cooling-as-a-Service, a growing segment aligned with India's energy transition goals. It demonstrates the company's ability to partner with global players and could create additional revenue streams through similar projects in the future. However, as explicitly noted, this is not a mandatory regulatory disclosure, so it may have limited immediate market impact.