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Business Economy


Tata Powers generation capacity rises by 5 pc in FY16

New Delhi, May 24 (UNI) Power major Tata Powers today said that its generation capacity rose by five per cent in 2015-16 as against the same period year ago.
The company, together with all its subsidiaries and jointly-controlled entities, has an installed generation capacity of 9,184 MW as of May 2016 as against 8,750 MW in the year-ago period from various fuel sources such as thermal, hydroelectric power, renewable energy and waste heat recovery, said the company in a statement.
The company's vision is to generate 30-40 per cent of the company's total generation capacity from non-fossil fuel sources by 2025,it added.
The consolidated generation through all its subsidiaries stands at 47,016 million units (MU) in 2015-16.
The stand-alone generation stood at 12,075 MU in Financial Year 2016.
Overall,in the period of 2015-16, Tata Power's wholly-owned subsidiary Coastal Gujarat Power limited (CGPL), reported a total generation of 25,680 MUs while the maithon plant reported 7,172 MUs.
"We have in this quarter spread our footprint across the country and we are confident that in the next few years, we will have greater contribution towards the government and consumers' vision," said Ashok Sethi Vice president,Tata Power in a statement.
Tata Power Renewable Energy Limited (TPREL), the renewable energy arm of Tata Power, generated 340 MU that includes clean and green energy sources hydro, wind and solar. Total generation from clean sources
was 3,785 MU.
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