In the next three years, Tata Power is exploring various options to raise around Rs 5,000 crore in the next three years. Tata Power has an installed generation capacity of over 8,500 MW. The company has also embarked on ambitious expansion plans, including setting up projects in Vietnam and Georgia. For raising funds, the power utility has said that it is studying all possible options.
Tag: Tata Power
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Tatas wind power projects
Tata Power is setting up 160 MW wind projects throughout the country. Tata Power already has an installed wind energy generation capacity of 398 MW with projects across Maharashtra, Rajasthan, Gujarat, Tamil Nadu and Karnataka. From wind projects, the company saw its electricity generation rose 43 per cent to 813 million units in the year ended March 2013 from 569 million units in the previous year.
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Rajasthan to have worlds largest solar plant
Worlds largest solar plant has been planned in Rajasthan to generate 4,000 MW near the Sambhar lake. The solar plants first phase is estimated to be completed by 2016. It is planned to sell electricity from the solar plant at Rs 5.50 per unit. According to a government statement, the proposed solar projects capacity is about three times Indias total solar power capacity.
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Tata seeks waivers from Mundra UMPP lenders
Hit by higher price of imported coal and lower tariff realisation, Tata Power has sought 'certain waivers' from lenders to ensure further disbursements of loans to the 4,000 MW Mundra plant
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Tata registers wind energy plant in Karnataka
Tata Power has registered its 50.4 MW wind energy plant at Gadag in north Karnataka. As the project has been set up under the clean development mechanism (CDM) programme of the United Nations Framework Convention on Climate Change (UNFCCC),
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Tata to add 1,600 MW
By adding two more units to its 4,000 MW Mundra ultra mega power project (UMPP) in Gujarat, Tata Power Company is to expand the project's capacity to 5,600 MW.
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Tata Power suggests steps to boost power sector
Tata Power Managing Director Anil Sardana urges government to take policy measures to enable the power sector grow at 12 per cent every year. He said the power sector must grow at 12 per cent every fiscal in order to support a GDP growth of 7-8 per cent
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Tata Power to modernise Trombay thermal plant
Tata Power has proposed modernisation of its 500 MW Unit 6 at Trombay Thermal Power Station. The plan includes addition of coal firing equipment and installation of pollution control equipment
to make the unit work on coal, oil and gas, wherein all three fuels can be combined in any percentage.
This is being done to control spiralling oil cost, the company said. The proposed modernisation will improve utilisation of full capacity of 500 MW. It will also reduce fuel cost and help lower tariffs
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Felicitating industry leaders
Over the last fiveyears there has been increased private sector participation in infrastructure via Public Private Partnerships (PPP), and as an objective but active participant in documenting this growth, Infrastructure Today established the InfrasÂtructure Today Awards in collaboration with KPMG. It is our endeavour to applaud and recognise partners in the nationÂ’s growth through partnerships, a mode that has caught the fancy of the nationÂ’s policymakers, owÂners and developers.
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A powerful visionary
Anil Sardana is the Managing Director of Tata Power since February 2011. Beginning August 2007 till January 31, 2011, he was the Managing Director of Tata Teleservices (TTSL) and Tata Teleservices (Maharashtra). Prior to August 2007, he worked in Tata Power for more than five years.