Tata Power's Generation increases 5.5% to 13,113 MUs in Q1FY19

Image
Capital Market
Last Updated : Aug 01 2018 | 5:16 PM IST
Tata Power announced that the Company's generation capacity increased by 5.5% to 13,113 MUs in Q1 FY19 as compared 12,429 MUs in Q1 FY18. The Company, together with all its subsidiaries and jointly controlled entities, has an installed generation capacity of 10,857 MW (as of August 2018).

In line with its commitment to generate 30% to 40% power from non- fossil fuel sources by 2025, the Company is progressively increasing its renewable energy installations in India. With the commissioning of 100 MW renewable project in Anantapur, Andhra Pradesh, Tata Power has significantly increased its presence in the renewable energy space with a gross installed capacity of 2,449 MW and non fossil fuel capacity of 3,517 MW.

Overall in Q1FY19, the Company continued its robust operations with the consolidated generation standing at 13,113 MUs and standalone generation at 3,135 MUs.

Coastal Gujarat Power Limited generating 5,908 MUs in the quarter. Maithon Power station generated 1,944 MUs, Trombay Thermal Power generated 1,738 MUs. Jojobera Thermal Power Station generated 629 MUs and Haldia reported generation of 166 MUs. Industrial Energy reported generation of 764 MUs and TPREL, the renewable energy arm of Tata Power, generated 362 MUs in Q1 that includes clean and green energy sources - wind and solar. WREL reported generation of 491 MUs.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 01 2018 | 5:02 PM IST

Next Story