Mumbai, Feb. 21 -- According to the press release, "BluSmart announces a groundbreaking multi-year power purchase agreement (PPA) with Tata Power Trading Company, a wholly-owned subsidiary of Tata Power, to source green power."

BluSmart is India's largest born-electric, full-stack and fully integrated EV ride hailing service and EV charging infrastructure network. It has crossed $55 million in the annual revenue run-rate and is growing at more than 100% YoY.

This strategic collaboration marks a significant step towards BluSmart's commitment to decarbonize mobility at scale and bolster India's net-zero ambitions, said the company.

Under the PPA, 30 MW capacity will be sourced by TPTCL from the company's expansive 200 MW solar photovolta...