Tata Power and JLL India have signed a Memorandum of Understanding (MoU) to promote green energy initiatives in the real estate industry. As part of the collaboration, both companies will assess potential opportunities to expand Tata Power’s green energy solutions across the client portfolios of JLL India. Along with JLL India, Tata Power will assist in transforming the current offices of companies in India into green energy power centres.
Tata Power will use open access solutions to deliver high-quality, dependable, and reasonably priced renewable energy. Additionally, all of the properties will be equipped with seamless and user-friendly smart metering and billing solutions. These smart metres will include data analytics that track real-time consumption as well as consumption forecasting, assisting users in making the most efficient use of energy.
Tata Power will also install solar rooftops which will help in reducing energy costs. The company will also offer IoT-based, voice- and app-controlled automation-based energy management solutions to support a smart lifestyle.