Tata Power has announced that 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 as compared to Q2 FY15.
Together with all its subsidiaries, the company achieved generation sales of 11,376 MUs of power from all its power plants during Q2.
The company continues to renew its focus on ‘clean and renewable energy’ generation capacities and restructured its renewable 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 subsidiaries.
Post structuring, the total installed capacity of TPREl will be about 720 MW with additional 250 MW under construction.
Commenting on the achievement, Anil Sardana, CEO & managing director, Tata Power said, “It gives us great pride to be the largest integrated power company in India with significant increase across our operations. As we celebrate Tata Power’s centenary year, we are committed to nation building and will continue to lighten up lives in the coming years.”
The company, together with its subsidiaries and jointly controlled entities has an installed gross generation capacity of [8669] MW in India, wherein 1383 MW comes from clean and green energy sources.
This comprises of Hydro of 576 MW, Solar of 56 MW, Wind of 511 MW and 240 MW from Waste Gas based generation.