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Tata Power provides update on performance of renewable business

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Capital Market

Renewable capacity cross 2000 MW; Green portfolio cross 3000 MW

Tata Power announced that its Renewable business registered a healthy profit while surpassing the 2000 MW operating capacity mark with another about 500 MW under construction. In keeping with its commitment to generate 30% to 40% power by 2025 through renewable sources of energy, the company added 1350 MW of renewable capacity during the year thereby making it largest green portfolio company in India.

Tata Power's non-fossil fuel based green generation portfolio (comprising of hydro, waste gas, solar and wind) crossed the 3000 mark and stands at 3141 MW.

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First Published: May 23 2017 | 11:21 AM IST

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