Tata Power, India's largest integrated power company, today announced that the Company’s generation, for the first time,has crossed 52,000 Million Units (MU), collectively from all its power plants in FY17. The company also reported capacity increase by 16%per cent in FY17 as compared to FY16. The Company, together with all its subsidiaries and jointly controlled entities, has an installed generation capacity of 10,613 MW (as of May 2017) as compared to 9,180MW in FY16 from various fuel sources such as thermal (coal, gas and oil), hydroelectric power, renewable energy (wind and solar PV) and waste heat recovery.
The Company continued its robust operations in FY17 and the Company’s consolidated generation through all its subsidiaries stood at 52,512MU as compared to 47,347MU in FY16.
Generation from significant stations for the quarterwere as follows.Mundra reported generation of 27,460 MU, while Maithon plant reported 7,357 MU. Trombay Thermal Power Station generated 6,394 MU, Jojobera Thermal Power Station generated 2,833 MU and Haldiareported generation of 779 MU. Industrial Energy Limited reported generation of 2,457 MU, TPREL generated 556 MU through clean sources of energy (Solar & Wind) and WREPL generated 884 MU.
Commenting on this development, Mr. Ashok Sethi, COO & ED, Tata Power, stated, “Tata Power has and will continue to serve the nation earnestly and will continue to be part of India’s growth story. We are confident that in the next few years we will have greater contribution towards the Government and consumers’ vision of a power sufficient nation. Towards this end, we are constantly growing, evolving, and evaluating suitable options to spread our footprint in different geographies in a sustainable way.The Company aims to pursue a well charted growth strategy by demonstrating a high level of commitment towards cleaner sources of generation thus increasing the share of non-fossil fuel based generation output to 35- 40% by 2025.”
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.
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