Keppel and Tata Power team up to offer Cooling-as-a-Service in India
Keppel already secured its first CaaS contract in the country.
Keppel Limited and Tata Power Trading Company (TPTCL) have joined forces to offer Cooling-as-a-Service (CaaS) solutions across India.
Keppel said India is a promising market, citing data from the International Energy Agency.
The agency projects that by 2050, India will lead global space cooling consumption, accounting for 28% of electricity demand and 45% of peak load.
Keppel recently secured its first CaaS contract in India from Nucleus Office Parks, Blackstone’s office platform.