Mumbai: Tata Power Trading Co Ltd (TPTCL), a wholly owned subsidiary of Tata Power, and 75F Smart Innovations India Pvt Ltd have agreed to jointly promote building automation and energy-efficiency solutions in the commercial building space across industry verticals.
The association will greatly help businesses optimize their energy consumption and usage.
With this collaboration, TPTCL and 75F shall jointly offer solutions in the space of HVAC (heating, ventilation, and air conditioning) 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 percent or more of total building energy consumption, along with intelligent automation, analytics, and actionable insights regarding their facility and portfolio data.
Tata Power Trading Company 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 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’s vertically integrated hardware and software work out of the box to improve comfort and indoor air quality while significantly reducing building energy consumption.
Deepinder Singh, Founder and CEO, 75F Inc USA, stated that he was looking forward to greater penetration across India with the Tata Power Trading collaboration.
“We seek to solve the growing challenges of energy wastage and the need for automation across the world. Toward this end, we’re delighted to associate with a globally renowned company like Tata Power Trading, on a joint mission to deliver on a triple bottom line: making people more productive, companies more profitable, and the planet more sustainable.”
Sanjay Banga, President, T&D, Tata Power, 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 the commercial building segment.”