Tata Power, India’s largest integrated power company on Wednesday announced that the company’s generation capacity increased by close to 13% in Q1 FY18 as compared to Q1 FY17.
Tata Power’s consolidated profit after tax (PAT) more than doubled in the quarter ended June on the back of strong performance of its coal and renewable energy businesses.
Gujarat will be able to withstand any loss of generation from the three stressed electricity plants of Tata Power, Adani Power and Essar Power that run on imported coal, the managing director of the state’s power utility said.
The Delhi Electricity Regulatory Commission (DERC) will on Thursday hold a public hearing on power tariff increase petitions filed by state distribution companies.
Tata Power Co. Ltd plans to invest around $90 million (close to Rs600 crore) in equity capital in its renewable energy arm Tata Power Renewable Energy Ltd (TPREL) as the company seeks to develop its immediate pipeline of 320 megawatts (MW) of solar assets, two people aware of the development said.
India’s ultra thermal plants, designed to run on foreign coal, may no longer afford to do so economically in the future, says a top financial analyst with a leading US-based institute.
The Gujarat government is scheduled to discuss with lenders on Monday a future course for the Tata and Adani groups’ imported coal-fired power plants that have fallen into dire straits.
Tata Power Delhi Distribution (TPDDL) plans to set up two pilot solar microgrids in Bihar in partnership with the Massachusetts Institute of Technology Center for Energy and Environmental Policy Research, General Electric and Tata Trust.
Tata Power, India’s largest integrated power company, through Adjaristsqali Georgia LLC (AGL) its joint venture with Norway’s Clean Energy Invest AS Norway (Clean Energy) and IFC InfraVentures (IFC), a member of the World Bank Group, today announced the completion of construction of its 187 MW Shuakhevi Hydro Power Project (HPP) at a ceremony in Georgia.
Tata Power today said it has completed construction of a 187 megawatt hydro project in Georgia that cost over USD 420 million.