Tata Power's generation capacity stands at 9036 MW, generates 11934 MUs in Q3FY16
The company also reported significant increase in generation, with the total power generation capacity of Tata Power in India standing at 9036 MW from various fuel sources such as thermal, hydroelectric power, renewable energy (wind and solar PV) and waste heat recovery, thereby reinforcing its position as the largest integrated power company in India.
Surpassing the set benchmark of the previous fiscal, Coastal Gujarat Power Limited (CGPL) and Maithon Power Limited (MPL) have contributed 6497 MUs and 1917 MUs in Q3 FY16. By 2022, Tata Power aims to boost the generation capacity to 18000 MW, and its distribution to 4000 MW.
The company also has a significant presence in the clean energy space with a gross installed capacity of 1383 MW. Today, Tata Power has a total operating capacity of 511 MW from Wind farms and 60 MW in Solar Generation. In addition, the Company has 573 MW of hydro and 240 MW from waste gas-based generation.
Commenting on this development, Anil Sardana, Managing Director, Tata Power, stated, “India is a developing economy and energy security is the backbone for any economy to grow. Tata Power will ensure that it continues to add to the generation capacity of the power sector of India and prove to be a national asset to the country. We are extremely proud of this development & hope to achieve many more milestones.”
Tata Power recently announced that the Company has commissioned two units of 60 MW each of its 120 MW Itezhi Tezhi hydro Power Project in Zambia, in which Tata Power has a 50 percent stake. The synchronisation of both the units was completed in January, 2016.
The company also announced the synchronisation of the 67.5 MW Unit 1 of its 3 x 67.5 MW IEL (Industrial Energy Limited) Kalinganagar project.
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