Tata Power said it generated more four times as much power from renewable sources like solar and wind in the financial year ended March, compared to the year before.
This was achieved partly due to an acquisition.
During the year, its renewable arm Tata Power Renewable Energy Limited completed the acquisition of WREPL which had 1,140 MW of renewable energy capacity.
It said the company generated 1.44 billion units of electricity that from renewable energy sources in the year compared to 329 million units in FY16.
For India as a whole, the rise is about 75% for solar and about 51% for wind. During the year, the total solar energy production in India is estimated at about 13 bln units — or about 1% of India’s total production of around 1,280 bln units for the country as a whole. Read More…
Credit By: Ultra News
Latest posts by Ultra News (see all)
- Tata Power Renewable Generation Up Four Times Last Year – August 29, 2017
- JSW Steel To Build Rs 2,100 Cr Pipeline To Import Iron Ore From Eastern India – June 29, 2017
- Larsen & Toubro Wins Aurangabad, MMRDA Orders Worth Rs 2,552 Cr – June 27, 2017