Tata Power's generation capacity up by close to 9% in Q1 FY17 from Q1 FY16; Achieved generation of 11,122 MUs
Posted by: Clara Fernandes at 8/24/2016 03:32:00 am
Installed generation capacity stood at 9432 MW
National, 24th August, 2016: Tata Power, India’s largest integrated power company, today announced that the Company’s generation capacity increased by close to 9 per cent in Q1 FY17 as compared to Q1 FY16. The Company, together with all its subsidiaries and jointly controlled entities, has an installed generation capacity of 9432 MW (as of August, 2016) as compared to 8669 MW in FY16 mainly due to commissioning of 44 MW Lahori wind farm project in Madhya Pradesh and Cennergi (Pty) achieving commercial operations of both its 134 MW Amakhala Emoyeni and 95 MW Tsitsikamma Wind Farms. The Company generates power from various fuel sources such as thermal (coal, gas and oil), hydroelectric power, renewable energy (wind and solar) and waste heat recovery, thereby, reinforcing its position as the largest integrated power company in India. The Company has a significant presence in the clean energy space with a gross installed capacity of 1996 MW.
Overall in Q1 FY17, Company continued its robust operations with Maithon Power station generating 1845 MUs. Standalone generation for the quarter stood at 3163 MUs. Trombay Thermal Power generated 1789 MUs. Jojobera Thermal Power Station generated 698 MUs and Haldia reported generation of 184 MUs. Industrial Energy Limited reported generation of 546 MUs and TPREL, the renewable energy arm of Tata Power, generated 144 MUs in Q1 that includes clean and green energy sources (Wind & Solar). Total consolidated generation stood at 11,122 MUs.
Commenting on this development, Mr. Anil Sardana, CEO and Managing Director, Tata Power, said, "Tata Power has and will continue to be a part of India’s growth story. We have, in this quarter, spread our footprint across the country, also commissioned plants in international geographies with a special focus on the renewables. We are confident that in the next few years we will have greater contribution towards the Government and consumers’ vision of ‘Power for All’.”
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. Tata Power continues to be on the lookout for feasible organic and inorganic projects, both greenfield and brownfield, in India and abroad.
About Tata Power:
Tata Power is India’s largest integrated power company with a growing international presence. The Company together with its subsidiaries and jointly controlled entities has an installed gross generation capacity of 9432 MW and a presence in all the segments of the power sector viz. Fuel Security and Logistics, Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading. It has successful public-private partnerships in Generation, Transmission and Distribution in India namely “Tata Power Delhi Distribution Limited" with Delhi Vidyut Board for distribution in North Delhi, 'Powerlinks Transmission Ltd.' with Power Grid Corporation of India Ltd. for evacuation of Power from Tala hydro plant in Bhutan to Delhi and 'Maithon Power Ltd.' with Damodar Valley Corporation for a 1050 MW Mega Power Project at Jharkhand. Tata Power is serving more than 2.6 million distribution consumers in India and has developed the country’s first 4000 MW Ultra Mega Power Project at Mundra (Gujarat) based on super-critical technology. It is also one of the largest renewable energy players in India with a clean energy portfolio of 1996 MW. Its international presence includes strategic investments in Indonesia through a 30% stake in the leading coal company PT Kaltim Prima Coal (KPC), 26% stake in mines at PT Baramulti Suksessarana Tbk ("BSSR"); in Singapore through Trust Energy Resources to securitize coal supply and the shipping of coal for its thermal power generation operations; in South Africa through a joint venture called ‘Cennergi’ to develop projects in sub-Sahara Africa; in Zambia through 50:50 joint venture with ZESCO for 120 MW Hydro which has become operational in 2016; in Georgia through AGL which is a joint venture with Clean Energy, Norway & IFC for development of 185 MW hydro project which is scheduled to be commissioned in 2016; in Australia through investments in enhanced geothermal and clean coal technologies and in Bhutan through a hydro project in partnership with The Royal Government of Bhutan. With its track record of technology leadership, project execution excellence, world class safety processes, customer care and driving green initiatives, Tata Power is poised for a multi-fold growth and committed to 'lighting up lives' for generations to come”. Visit us at: www.tatapower.com