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Monday, May 15, 2017

‘We foresee opportunity in water treatment and smart cities’

‘We foresee opportunity in water treatment and smart cities’

Tata Cleantech Capital Limited (TCCL), a joint venture between Tata Capital Limited and International Finance Corporation (IFC), has been significant in helping the country’s renewable energy sector achieve the 175 GWgoal set for 2022. It has thus far funded projects with a cumulative output of over 3.44 GW. This has translated into savings of approximately 150 million tonnes of CO2 emissions over its 25 years lifespan.

Manish Chourasia, MD and CEO of Tata Cleantech Capital Limited, in an interaction with BusinessLine, outlines the company’s future plans. Excerpts:

What role do you see Tata Cleantech Capital playing in the rapidly growing renewable energy sector?

As a company TCCL offers end-to-end business solutions in the clean tech space, offering consultancy, funding and host of other solutions while bringing in the Tata group synergies. The company identifies, evaluates and funds energy projects in wind, solar, small hydro, biomass and in energy efficiency infrastructure, buildings and industry.

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