Tuesday, May 28, 2013

Tata Power to add up to 250 MW renewable energy every year

Tata Power today said it plans to add up to 250 mw of renewable energy every year. "Our solar and wind energy assets are performing well and we are committed to reducing our carbon footprint through clean and renewable energy generation. We plan to add 30-50 MW of solar power and 150-200 MW of wind energy in India every year," company's Managing Director Anil Sardana said in a statement.
The company has set itself a target of having 20-25 percent of its generation portfolio from clean energy by 2020. Currently, it's total generation through clean sources in India such as hydro, wind and solar stands at 873 MW.
"So far, Tata Power has invested Rs 2,393 crore in solar and wind energy," he said. The company has a total operational capacity of over 28 MW in solar, which includes 25 MW Mithapur Project(Gujarat), 3 MW at Mulshi (Maharashtra) and some rooftop solar installations.
In wind, it has an installed capacity of 397 MW spread across five states of Maharashtra, Gujarat, Tamil Nadu, Karnataka and Rajasthan. The company, along with its consortium partners Origin Energy, Australia and PT Supraco, Indonesia is also developing a 240 MW geothermal project in Indonesia.
Beside, its joint venture firm Cennergi in South Africa JV has been shortlisted as a preferred bidder for two wind projects of 234 MW including Amakhala 139 MW and Tsitsikamma 95 MW projects. Tata Power has so far generated 49.83 million units from solar projects, while generation from wind projects has touched 796 MUs till March 31.