Tata Power join hands with 75F Smart Innovations for energy-efficiency solutions

13 Oct 2022 , 09:19 AM

Tata Power Trading Company Limited (TPTCL), a wholly owned subsidiary of Tata Power, one of India’s largest integrated power companies and 75F Smart Innovations India Private Limited (75F Smart Innovations India) have signed an agreement to jointly promote building automation and energy-efficiency solutions in the commercial building space across industry verticals like IT/ITeS, BFSI Hospitality, Healthcare, Education, Government and Retail.

The association will greatly help businesses to optimize their energy consumption and usage.

With this collaboration, TPTCL and 75F Smart Innovations India shall jointly offer solutions in the space of Heating, Ventilation, and Air Conditioning (HVAC) optimization and smart building automation powered by cutting edge technologies like IoT, cloud and AI/ML.

These solutions shall help commercial buildings with centrally air-conditioned spaces attain assured savings on their HVAC energy consumption, which typically constitutes 50% or more of total building energy consumption, along with intelligent automation, analytics, and actionable insights regarding their facility and portfolio data.

TPTCL holds a Category-I Trading License and is engaged in the business of energy sourcing, trading, and energy efficiency services. TPTCL is also a Grade-1 ESCO certified by the Bureau of Energy Efficiency (BEE).

75F Smart Innovations India provides a full-stack IoT-based Building Management System that includes sensors, zone controllers, master controllers, an integrated Building Intelligence Solution (BIS) and sophisticated portfolio analytics. 75F Smart Innovations India’s’ vertically integrated hardware and software work out of the box to improve comfort and indoor air quality while significantly reducing building energy consumption.

At around 9:18 AM, Tata Power Company Ltd is currently trading flat at Rs217.95 per share on the BSE.

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