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Tata Power looking for more hydro projects

The The company is already developing hydro projects in India, Nepal and Bhutan

Press Trust of India  |  New Delhi 

is actively looking at opportunities to develop as part of efforts to boost its renewable energy portfolio which is expected to make up about one-fourth of its overall generation capacity by 2020.

The country's largest private power producer is already developing in India, and Bhutan.

"The company is also looking at other opportunities (in hydro power) to bid in the near future," Managing Director Anil Sardana told PTI.

At present, has a hydro power generation capacity of 447 MW in Maharashtra.

and Norway-based SN Power's joint venture is developing an 880 MW hydro project in Tamakoshy, The entity has also bagged the 240 MW Dugar hydro electric project in Himachal Pradesh.

Further, is implementing the 114 MW Dagachhu hydro project in Bhutan.

"has aggressive plans of generating 26,000 MW by 2020 and intends to have a 20-25 per cent contribution from 'clean power sources' which will include a mix of hydro, solar, wind, geothermal and waste gas generation," Sardana said.

Currently, the company has an installed generation capacity of 7,700 MW.

In the renewable energy segment, besides hydro, is working on various solar, wind, geothermal and waste gases-based power projects.

It has an operational capacity of 375 MW in wind energy and 28 MW in solar power.

Recently, along with its consortium partners -- Australia's Origin Energy and PT Supraco Indonesia -- won the bid for 240 MW geothermal project in Indonesia which is under development.

also set up various plants at Haldia and Jamshedpur, based on the blast furnace and coke oven gases -- which are waste gases from steel making process.

"The company is also in the process of evaluating different business models for distributed power generation and supply to the rural areas," Sardana said.

First Published: Wed, January 23 2013. 16:23 IST