Tata Power, 75F Smart Innovations to promote energy efficiency solutions
Tata Power said that its fully-owned subsidiary Tata Power Trading Company Limited (TPTCL) has entered into a partnership with 75F Smart Innovations India to co-promote building automation and energy efficiency solutions in the commercial building segment.
The two parties will target industry verticals such as IT/ITeS, healthcare, BFSI hospitality, education, retail, and government.
75F Smart Innovations India is engaged in designing and manufacturing Internet of Things (IoT)-based building management system.
The company utilizes IoT, machine learning, and cloud computing for data-driven, proactive building intelligence and controls for the optimization of heating, ventilation, and air conditioning (HVAC), and lighting.
75F Smart Innovations’ building management system comes with sensors, master controllers, zone controllers, an integrated building intelligence solution (BIS) and portfolio analytics.
According to Tata Power, the partnership with 75F Smart Innovations India will help businesses streamline the consumption of energy.
Tata Power Trading Company Limited, 75F Smart Innovations India to promote building automation and energy efficiency solutions. Photo courtesy of Tata Power.
Sanjay Banga — Tata Power T&D President said: “Collaborating with 75F unfolds avenues for TPTCL for greater adoption & propagation of energy efficiency initiatives. Implementation of smart technology will enable a smooth transition to sustainable alternatives for commercial building segment.”
Tata Power Trading Company is involved in energy sourcing, trading, as well as energy efficiency services.
Owing to the growth in economic activity, consumption of power in commercial set ups has increased to a great extent, said Tata Power. The company added that employing solutions for energy conservation can considerably help cut down costs and generate energy savings for businesses and building owners.
Gaurav Burman — 75F Smart Innovations India APAC President said: “Across 1.8 billion sq. mts of commercial real estate in India, there is an estimated energy savings potential of 7 billion KWh, without replacing any equipment at all!
“With climate change staring us in the face, commercial energy costs are among the top 10 highest in the world, the customer need is there, the technology solution is there & with Tata Power Trading-75F’s innovative go-to-market model, we believe the means are also there, to make a change.”