Tata Power's generation crosses 52,000 mn units in FY17

Tata Power today said total generation from all its power plants crossed 52,000 million units last fiscal.

Its consolidated generation through all subsidiaries stood at 52,512 million units (MUs) in 2016-17 as compared to 47,347 MUs in the previous fiscal.

The company also reported capacity increase by 16 per cent in the financial year 2016-17 as compared to 2015-16 fiscal, Tata Power said in a statement.

The company's COO and ED Ashok Sethi said, "Tata Power has and will continue to serve the nation earnestly and will continue to be part of India's growth story."

"We are confident that in the next few years we will have greater contribution towards the government and consumers' vision of a power sufficient nation. Towards this end, we are constantly growing, evolving, and evaluating suitable options to spread our footprint in different geographies in a sustainable way," Sethi said.
 

The company aims to pursue a well charted growth strategy by demonstrating a high level of commitment towards cleaner sources of generation thus increasing the share of non-fossil fuel based generation output to 35-40 per cent by 2025, Sethi added.

With the support of leading technological innovations, excellence in project execution, world class safety processes, customer care, and green initiatives, the company has succeeded in establishing a strong foothold across the country and overseas.

Tata Power continues to be on the lookout for feasible organic and inorganic projects, both greenfield and brownfield, in India and abroad.

The company has an installed generation capacity of 10,613 MW (as of May 2017) as compared to 9,180 MW in 2015-16 fiscal from various fuel sources such as thermal (coal, gas and oil), hydroelectric power, renewable energy (wind and solar PV) and waste heat recovery.

Mundra reported generation of 27,460 MU, while Maithon plant reported 7,357 MU. Trombay Thermal Power Station generated 6,394 MU, Jojobera Thermal Power Station generated 2,833 MU and Haldia reported generation of 779 MU. Industrial Energy Limited reported generation of 2,457 MU, TPREL generated 556 MU through clean sources of energy (solar and wind) and WREPL generated 884 MU.