Tata Power's power generation up 6.5 pc at 11,663 mn units

Tata Power today said its consolidated power generation grew 6.5 per cent to 11,663 million units in the second quarter of this fiscal compared with the same period last year.
"The company's consolidated generation for the quarter stood at 11,663 MUs. This marks a 6.5 per cent increase in the company's consolidated generation compared with the second quarter of FY15," the company said in a BSE filling today.
According to the statement, together with all its subsidiaries, the company achieved generation sales of 11,376 MUs of power from all its power plants during the said quarter.
It said the company continues to renew its focus on clean and renewable energy generation capacities and restructured its green energy assets as part of its growth focus in the renewable energy space.

The proposed structuring involves carving out of 500 mw of renewable assets of the company to its subsidiary Tata Power Renewable Energy Ltd (TPREL) and its arms, it said, adding that post structuring, the total installed capacity of TPREL will be about 720 mw with additional 250 mw under construction.
Tata Power CEO & MD Anil Sardana said in the statement, "It gives us great pride to be the largest integrated power company in India with significant increase across our operations.