KATHMANDU, Sept 21: Dugar Power Private Limited, a subsidiary of Dugar Group, has joined hands with Tata Power Renewable Energy Ltd. (TPREL), a subsidiary of Tata Power working on renewable energy, to deploy transformative solar technologies to produce a range of on and off-grid energy solutions.
This tie up heralds TPREL’s strategic entry into Nepal’s rapidly evolving renewable energy sector and sets the stage for a quantum leap in accelerating Nepal’s shift toward sustainable energy. This alliance is expected to empower Dugar Power to achieve a significant milestone in integrating cutting-edge sustainable energy solutions within Nepal.
The agreement is designed to cater to Nepal’s diverse energy requirements, offering scalable solutions from 1KW to MW levels. This opens up new horizons for TPREL to diversify its offerings, including supply cells and modules, Engineering, Procurement and Construction (EPC), as well as Operations and Maintenance (O & M) in Nepal.
Ashish Khanna, CEO of TPREL, said, the partnership with Dugar Power is a strategic alliance engineered to redefine Nepal’s energy landscape. “We are optimistic that this tie up will create an enabling ecosystem for sustainable energy transition in the region,” a press statement issued by Dugar Power on Thursday quoted Khanna as saying.
Abhishek Dugar, MD of Dugar Power Private Limited said the partnership is a testament to their unwavering commitment to propel Nepal toward a sustainable energy future.
TPREL is one of the leading players in the renewable energy sector, having globally shipped over 3GW of cells and modules. The company has powered some of the biggest industry and utility-scale international projects like 3.411 MWp in the Netherlands and 3.376 MWp in the USA, among others.
Dugar Power complements this with its specialized expertise in Nepal’s renewable energy landscape. Together, they form a synergistic alliance with the capability to transform energy solutions in Nepal, reads a press release issued by the company.