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Mistry launches Tata Power centenary celebrations

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Press Trust of India Mumbai
Last Updated : Feb 11 2015 | 8:05 PM IST
Tata Group chairman Cyrus Mistry today launched the centenary celebrations of Tata Power and announced investments for generating a capacity for 450 MW of hydel power from this year and commissioning of 120 MW this year itself.
The country's largest integrated power company began its operations on February 9, 1915, by commissioning the country's first large hydroelectric project with a capacity of 12 MW at Khopoli near Mumbai.
"Tata Power commissioned its first hydro unit of 12 mw in 1915. Symbolically, in its 100th year, Tata Power commits to commission 120 mw of new hydro power project during 100th year itself," the company said in statement.
The company also announced fresh investment to create a 450 mw hydel capacity in the honour of the group founder Jamshetji N Tata who was a strong votary of clean and cheap power, which the late leader considered as one of the basic ingredients for economic progress of a city, a state or a country.
"In this centenary year, the company commits to develop 450 mw of clean power through hydel (same as its current existing capacity of 450 mw of hydel in Maharashtra) as its contribution to facilitate clean power for the nation. The company aims to commission 120 mw Hydel plant this year."
The company has also come out with a new logo to depict its 100 years of serving the nation with 'Invisible Goodness.'
It also dedicated Tata Power Skill Development Institute and commits to train 2,00,000 skilled workforce by 2025 apart from committing to save Rs 100 crore through young students from its initiative Club Enerji, which is a national programme on energy and resource conservation.

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First Published: Feb 11 2015 | 8:05 PM IST

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