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November 27, 2013

Tata Power announces 61% increase in power generation...

 

Tata Power announces 61% increase in power generation...

Tata Power on Wednesday announced generating 22,738 MUs of power collectively from all its power plants in first half of the financial year 2013-14 as compared to 14,029 MUs in the same period of the previous year.


This marks a 61% increase in generation, with the total power generation capacity of Tata Power standing at 8521 MW from various fuel source: thermal (coal, gas and oil), hydroelectric power, renewable energy (wind and solar PV) and waste heat recovery, reinforcing its position as the largest integrated power company in India.


Breaking the previous records in generation performance, its subsidiaries CGPL and MPL have continued to contribute significantly to the increase in generation capacity, with 11,574 MUs and 2,930 MUs respectively.

With a strong business presence across the power value chain the company is also one of the largest renewable energy players in the country with significant capacity in wind and solar. The total generation from clean energy sources amounted to 1439 MU, officials said.

Tata Power managing director Anil Sardana, in a statement to media, said, "Tata Power always strives to achieve new heights and benchmarks through excellence in business performance. It marks a significant milestone in the history of the company by setting an example for the Indian power sector. It gives us great pride to be the largest integrated power company in India with significant focus on renewable energy source."

Officials said that Tata Power was committed to maintaining a 20-25% share of its generation mix through non- greenhouse gas sources. Due to large capacity addition through CGPL, the non-GHG capacity percentage had reduced as compared to last year.

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