Tata Power to add 849.2 MW generation capacity
Tata Power, the country's largest private-sector power generator, today said it is in the process of completing projects having a total generation capacity of 849.2 MW, which would take its overall capacity to more than 9,000 MW.
''Tata Power is in the process of executing a number of power plant projects, which, upon completion, are expected to increase the company's overall generation capacity to 849.2 MW,'' the company said in a statement.
Currently, the company has a gross installed capacity of about 8,560 MW through thermal, green energy and waste gases of which 7,647 MW comes from thermal power sources and 912 MW from green energy sources, it said. The company siad it has eight projects under execution in solar, wind, hydro and gas based projects in India including two wind energy plants in South Africa.
The 94.8 MW Tsitsikamma and 134.4 MW Amakhala Emoyeni wind projects in South Africa are expected to be commissioned in fiscal year 2017, it said. Both projects are being developed by Cennergi (Pty) Ltd -- a 50:50 joint venture between Tata Power and Exxaro Resources.
''Today, we are an established power generation group with a strong track record and extensive industry experience. This has helped us to identify new opportunities and plan expansions across our generation assets,'' Tata Power Managing Director Anil Sardana said.
He said the company has a strong track record of successfully implementing large and complex projects across the power sector.
The company said it has entered into a PPA with TPREL for purchase of solar energy from the 25 MW AC Solar Plant located at Palaswadi, Maharashtra.
The PPA has been entered into for a term of 25 years commencing from March 31, 2014. The project is currently under execution, it added.
(Posted on 03-04-2014)