(Photo Caption: Ms Cindy Lim, CEO, Keppel Infrastructure Division; Dr. Praveer Sinha, CEO & MD, Tata Power (in blue shirt) and Mr Sanjay Dutt, MD & CEO, Tata Realty and Infrastructure Ltd (extreme right) at the announcement of the deployment of Cooling-as-a-Service Solution at Intellion Park, Chennai.
Mumbai/Chennai, April 29, 2026: Tata Power Trading Company Limited (TPTCL), a wholly owned subsidiary of Tata Power, in collaboration with Keppel Limited’s Infrastructure Division (Keppel), has partnered with Infopark Properties Limited (IPL), a unit of Tata Realty and Infrastructure Limited (TRIL), to deploy a large-scale CaaS solution at Intellion Park in Chennai.
Intellion Park spans 25.27 acres, comprising both special economic zones (SEZs) and non-SEZs, and is strategically located in Taramani’s IT corridor. With a total installed capacity of 12,100 TR (tonnes of refrigeration), the project is scheduled to go live in October 2026 under a 15-year contract. Engineered with high-efficiency equipment, intelligent controls, and optimised lifecycle operations, the solution is expected to reduce the facility’s overall energy consumption by ~20%.
At the core of the solution is an AI- and ML-driven Operations Nerve Centre (ONC), patented by Keppel, which enables real-time monitoring, predictive analytics, and dynamic performance optimisation to enhance efficiency, reliability, and sustainability across the facility.
Intellion Park sources green power from Tata Power, and the addition of CaaS further strengthens its integrated, low-carbon energy ecosystem. Over time, the partnership is expected to extend to the broader heating, ventilation and air conditioning system, including the low-side air-handling systems, unlocking additional efficiency gains, improving occupant comfort, and enabling a more holistic approach to energy optimisation.
Tata Power, along with consortium partner Keppel, provides innovative, reliable, and low-carbon Cooling-as-a-Service solutions which are scalable, premium, and future-ready. These grow with the clean energy needs, require no upfront investment, and integrate with emerging technologies to deliver seamless, sustainable, and cost-efficient cooling.
Commenting on the partnership, Dr. Praveer Sinha, CEO & MD, Tata Power, said: “Anchored in the India Cooling Action Plan, India’s commercial real estate sector is a fast-growing source of energy demand, driven by rising cooling needs. In this context, optimal cooling solutions are a critical lever, especially as the country continues to record peak power demand year after year. Tata Power is leveraging its expertise and innovative models such as Cooling-as-a-Service to deliver efficient, low-carbon cooling at scale. Its partnership with Keppel and TRIL at Intellion Park demonstrates how integrated solutions combining clean energy and advanced cooling can accelerate decarbonisation, enhance efficiency, and deliver long-term value. The company is well positioned to scale these capabilities further through Utilities-as-a-Service and Energy-as-a-Service offerings for real estate, data centres, GCCs, and other C&I customers.”
As TRIL advances its ambition to expand its portfolio to approximately 30 million sq. ft. over the next five years, with a focus on its net-zero goals by 2045, Tata Power and Keppel are well-positioned to support this journey through their complementary and integrated energy capabilities.
Mr. Sanjay Dutt, MD & CEO, Tata Realty and Infrastructure Limited, added: “This agreement marks a fundamental shift in how we design, operate, and sustain modern commercial assets - from ownership-led infrastructure to a performance-driven, service-led model where outcomes define success. By bringing together Tata Power's operational discipline, Keppel's global leadership in Cooling-as-a-Service, and Tata Realty's long-term asset stewardship, we are creating a platform that blends local execution with global technical excellence. This is not just a cooling contract - it is a blueprint for how forward-looking organizations collaborate to deliver better operational outcomes, superior user experience, and long-term environmental value.”
Beyond Intellion Park, Tata Power and Keppel have jointly secured additional Cooling-as-a-Service projects and are building on a robust pipeline of opportunities. These span commercial real estate and specialised industrial facilities including data centres and advanced manufacturing as well as district cooling systems for master-planned cities and large mixed-use developments such as airports.
Ms Cindy Lim, CEO of Keppel’s Infrastructure Division, said: “Cooling is no longer a standalone utility and is becoming core to how the built environment and commercial assets are designed, operated, and decarbonised. Through Cooling-as-a-Service, Keppel brings together engineering excellence and lifecycle operations to deliver efficient, reliable, and more sustainable cooling. Our proprietary AI- and ML-enabled Operations Nerve Centre will continuously optimise Intellion Park’s energy performance in real time, thus enhancing energy efficiency, system resilience, and cost outcomes.Together with Tata Power and Tata Realty, we are establishing a scalable model to deploy Cooling-as-a-Service at scale to meet rapidly growing demand, including across the Tata Group’s portfolio as it advances towards its net-zero ambitions.”
According to the International Energy Agency, India is expected to become the world’s largest consumer of space cooling by 2050. In this context, future-facing solutions such as Cooling-as-a-Service will play a critical role in supporting India’s energy transition and sustainability goals.
About Tata Power:
The Tata Power Company Limited, a leading integrated power company and a part of the Tata Group, India's largest multinational business conglomerate, owns a diversified portfolio of 16.3 GW. This portfolio spans the entire power value chain, from renewable and conventional energy generation to transmission, distribution, trading, storage solutions, and solar cell and module manufacturing. As a pioneer in India's clean energy transition, Tata Power has 7.5 GW of clean energy generation, constituting 46% of its total capacity. Committed to achieving Net Zero by 2045, Tata Power has successfully partnered with public and private entities across India's generation, transmission, and distribution sectors, serving ~13 million customers nationwide.
About Tata Realty and Infrastructure Limited (TRIL)
Tata Realty and Infrastructure Limited (Tata Realty), a leading institutional real estate developer in India, is a fully owned subsidiary of Tata Sons Private Limited. Keeping with the Tata philosophy of leadership in sectors of national economic significance, TATA Realty and Infrastructure Limited was set up to identify the most promising opportunities for growth in the Indian real estate and infrastructure arena.
TATA Realty and infrastructure limited is currently focused on long-term infrastructure projects of national significance, as well as mixed-use projects in the real estate sector. They design, build, and manage smart, secure, sustainable, and socially conscious spaces across residential and commercial projects.
The commercial portfolio, “Intellion” office parks in key Indian cities, boasts over 9.4 million sq. ft. of developed space, 10.2 million sq. ft. under development from the current landbank. Further, TATA Realty plans to augment to 27 million sq. ft. by 2030. It houses a diverse clientele exceeding ~102 tenants, including Fortune 500 companies and multinational corporations. Committed to green building practices, most of the buildings are Gold or Platinum Green Building Certified (IGBC/LEED). Additionally, all campuses achieved WELL ratings from the International WELL Building Institute (IWBI), ensuring healthy workplaces. Notably, the Intellion Park, Chennai, is India's first IFC EDGE Net Zero carbon campus. Beyond functionality, the office parks offer inspiring art, wellness & fitness facilities, entertainment options, and exceptional culinary experiences, creating a vibrant and sustainable future. For more information, visit https://tatarealty.in/ or https://www.intellion.in/
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About Keppel
Keppel Ltd. (SGX:BN4) is a global asset manager and operator with strong expertise in sustainability-related solutions spanning the areas of infrastructure, real estate and connectivity. Headquartered in Singapore, Keppel operates in more than 20 countries worldwide, providing critical infrastructure and services for renewables, clean energy, decarbonisation, sustainable urban renewal and digital connectivity. Keppel creates value for investors and stakeholders through its quality investment platforms and diverse asset portfolios, including private funds and listed real estate and business trusts.
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