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Climate Change

Tata Power to boost renewable energy portfolio sixfold by 2030

Indian electricity producer CEO sees market in irrigation pumps, EV stations

Praveer Sinha, Tata Power's CEO and managing director, is betting big on renewable energy in India. (Source photos by screenshot from Tata Power's website and the company) 

NEW DELHI -- Looking to scale up its green energy portfolio from 4 gigawatts at present to 25 GW by 2030, Indian electricity producer Tata Power is betting heavily on the "huge potential" that the South Asian nation of over 1.3 billion people offers in the field of renewable energy.

"For a country like India, renewable is a very good source" of energy, Praveer Sinha, Tata Power's CEO and managing director, told Nikkei Asia in an exclusive interview, pointing out that most parts of the country have a lot of sunshine throughout the year unlike, for example, Europe, which has a lot of cloudy days and snowfall. "So for us, this is a very important opportunity to leverage and see how we can increase our generation through renewable sources."

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