BluSmart Partners with Tata Power to Achieve 100% Renewable Energy
Feb 22, 2024: BluSmart, a prominent eMobility ride-hailing service, has taken a significant stride towards decarbonizing mobility by entering a groundbreaking multi-year Power Purchase Agreement (PPA) with Tata Power Trading Company Ltd. This collaboration underscores BluSmart’s commitment to sourcing green power and contributing to India’s net-zero ambitions.
The PPA entails sourcing 30 MW of green energy from Tata Power’s expansive 200 MW Solar PV power plant in Bikaner district, Rajasthan. Leveraging Tata Power’s expertise in the power trading industry, BluSmart aims to completely eliminate Scope 2 emissions from its EV charging infrastructure, becoming India’s first mobility player to transition to a zero-emissions company.
BluSmart, known for its born-electric technology stack, operates a fleet of nearly 6,000 EVs and has completed over 12 million all-electric trips, covering 400 million all-electric kilometers and saving 30 million kilograms of CO2 since its inception. The company also owns and operates 4,000 EV chargers across 35 charging superhubs in Delhi NCR and Bangalore.
Punit Goyal, Co-founder of BluSmart, expressed enthusiasm about the partnership, stating, “This significant partnership with Tata Power Trading Company bears testament to our commitment to address the impact of global climate change and achieve ‘zero-emissions’ status. We are excited to power our EV charging infrastructure with 100% clean electricity, furthering our mission to decarbonize mobility at scale.”
Tarun Katiyar, CEO of Tata Power Trading Company Ltd., emphasized their commitment to supporting clean energy adoption, stating, “Our partnership with BluSmart will help decarbonize mobility in the country. We are committed to supporting multiple industries in achieving their renewable energy goals through our sustainable, innovative, and affordable energy solutions.”
BluSmart’s move towards 100% renewable energy aligns with global efforts to limit global warming to 1.5°C. With this partnership, BluSmart is poised to lead the way towards sustainable transportation, paving the path for a cleaner, greener future.