Tata Power Registers More Than 61% Increase in Generation Capacity
OREANDA-NEWS. Tata Power, India's largest integrated power utility, today announced generating 22,738 MUs of power collectively from all its power plants in H1 of the financial year 2013-14 as compared to 14,029 MUs in the same period of the previous year. This marks a 61 percent increase in generation, with the total power generation capacity of Tata Power standing at 8,521MW from various fuel sources - 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 for H1 FY14. 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 energy. The company continues to pursue avenues to add 'clean and renewable energy' generation capacities to increase the renewable energy portfolio. The total generation from clean energy sources amounted to 1,439 MUs for H1 FY14.
Commenting on the performance, Anil Sardana, managing director, Tata Power, 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 sources.”
The company also has businesses of generation - both conventional and non-conventional - transmission, distribution, trading, fuel and logistics, which pans across Mumbai, Delhi, North and Eastern regions.
Tata Power is committed to maintaining a 20-25 percent share of its generation mix through non-greenhouse gas sources. Due to large capacity addition through CGPL, the non-GHG capacity percentage has reduced as compared to last year. With the support of leading technological innovations, excellence in project execution, world-class safety processes, customer care and green initiatives, the company has succeeded in establishing a strong foothold across the country and overseas.