Tata Power's renewable energy portfolio reaches 3060 MW

Image
Press Trust of India Mumbai
Last Updated : Jan 17 2017 | 5:22 PM IST
Tata Power today said its total generation from renewable energy sources has reached 3060 RPT 3060 MW this fiscal year.
The company's non-fossil fuel portfolio comprises 693 MW of hydro, 918 RPT 918 MW of solar, 1074 MW of wind, and 375 MW of waste gas based generation.
"Taking a step further towards building a greener portfolio last year, Tata Power revised its share of non-fossil fuel based capacity up to 35-40 per cent by 2025," the company said in a statement issued here.
The company has renewable energy projects in states like Maharashtra, Gujarat, Madhya Pradesh, and Rajasthan and is currentlt in the process of implementing nearly 500 MW of renewable power projects at various locations.
In FY16, Tata Power Renewable Energy (TPREL), a wholly owned subsidiary of Tata Power, completed the acquisition of Welspun Renewables Energy Private (WREPL) to become the largest renewable energy company in India.
WREPL has one of the largest operating solar portfolios in India spread across ten states. It has about 1008 RPT 1008 MW of renewable power projects comprising about 862 RPT 862 MW solar and about 146 RPT 146 MW of wind power projects.
"Crossing the 3000 RPT 3000 MW mark is one of the many key milestones in our endeavor to generate 35-40 per cent of Tata Power's total generation capacity from clean energy sources. This mammoth leap is well in line with our aim to enhance and increase our non-fossil fuel capacity, and maintaining our value of sustainable growth," its CEO and Managing Director Anil Sardana said.

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: Jan 17 2017 | 5:22 PM IST

Next Story