Tata Power has received all the required statutory clearance to go ahead with the 1600 MW thermal power project being developed at Dherand near Alibaug in coastal Maharashtra.
As per he company, the project is in advance stages of land acquisition. The PPA is being pursued and 30% domestic coal linkage as per policy is also being awaited.
In the second quarter of FY14, the Company reported revenue growth of 14% driven by operations of all the units of Mundra and Maithon.
The quarterly results showed that the company has performed well despite a volatile macro environment. Sales volume for the quarter stood at 3762 MUs and the overall Generation was 3404 MUs. Mundra reported generation of 5425 MUs as compared to 1540 MUs in corresponding quarter last year.
Maithon plant reported 1211 MUs as compared to 1196 MUs. Trombay Thermal Power Station generated 1670 MUs while hydro power stations generated 478 MUs. Jojobera thermal power station generated 747 MUs and Haldia reported generation of 223 MUs.
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