Tata Power Registers Consolidated Generation Of 10,946 MUs In Q2 FY15

CGPL and MPL registers 5722 MUs and 1577 MUs respectively

Tata Power, India’s largest integrated power company, recently announced that the Company’s generation stood at 10,946 MUs collectively from all its power plants in Q2 FY15.

Tata Power’s subsidiaries CGPL and MPL have significantly contributed to the increase in generation capacity, with 5722 MUs and 1577 MUs respectively in Q2 FY15. The Company continues to pursue avenues to add ‘clean and renewable energy generation capacities to increase renewable energy portfolio. The total generation from Hydro 398 MUs, Wind 282 MUs and Solar 1 MUs for Q2 FY 15.

Commenting on the achievement, Mr. Anil Sardana, Managing Director and CEO – Tata Power said, “Tata Power aims to achieve generation capacity of 18,000MW by 2022 and continues to strive to achieve new heights and benchmarks through excellence in business performance. In line with our commitment towards clean and green energy, we aim to have 20-25% of our project from renewable energy sources, which is with the vision of the new government to promote more of clean energy in India’s energy mix. It gives us great pride to be the largest integrated power company in India with significant increase across our operations. We will continue to work towards achieving key milestones in the coming years.”

Growth Plans:

Projects under Implementation:

• Kalinganagar, Odisha CPP 1 - 202.5 MW (3 x 67.5 MW): The project is being executed through Industrial Energy Limited (IEL), a JV of the Company (74 per cent) with Tata Steel Limited (26 per cent) for its steel plant in Kalinganagar, Odisha. The project is in an advanced stage of execution.

Renewable Energy Projects:

Wind Power

• Out of the total capacity of 32 MW, the Company added 24 MW at its Visapur wind farms (16 WTGs-32 MW) in Maharashtra in Q4-FY14. During this quarter, work on balance 4 WTGs (8 MW) is under progress. Out of balance 4 WTGs, 3 WTGs have been erected. Land acquisition is yet to be completed.
• 49.5 MW Wind Pethshivpur Project, Kolhapur is expected to be commissioned during FY15

Solar Power

• Palaswadi 28.8 MW (DC) solar project: MSETCL line outage for power evacuation connectivity given in staggered manner in April & May 2014. Plant has been commissioned.

International Projects:

• Dagachhu Hydroelectric Power Project, Bhutan: The 126 MW Dagachhu project is being implemented in Bhutan by Dagachhu Hydro Power Corporation Limited [a JV of the Company]. All major works in Power House Cavern have been completed. Steel lining and Concrete lining in Head Race Tunnel and interconnecting pipelines between the two tunnels are in progress. Surge shaft and Tail Race Tunnel are completed. Weir and desilter have been completed. E&M works in completed and dry tests have been done successfully. Project is expected to be commissioned in FY15.
• Cennergi Projects, South Africa: The Company’s JV in South Africa, Cennergi (Proprietary) Limited, achieved financial closure of the 134 MW Amakhala Emoyeni Wind Farm and the 95 MW Tsitsikamma Community Wind Farm in May 2013 and June 2013 respectively. Currently, engineering and planning activities are in progress.
• Georgia Hydro Project: In June 2013, the Company acquired 40 per cent shares in Adjaristsqali Netherlands BV, which is implementing hydro projects in Georgia through its 100% subsidiary, Adjaristsqali Georgia LLC. The construction of 185 MW Shuakhevi Hydro Project has commenced with all major contracts having been awarded. Activities to achieve the financial closure are at an advanced stage. The development of 150 MW Koromkheti Hydro Project has also commenced.

Projects under Development:

• Dugar Hydro Electricity JV Project: Remobilization has been completed to carry out further investigations at site. Detailed Project Report is expected to be completed by December 2014.
• 1600 MW Coastal Maharashtra Project: All statutory clearances required to start the project implementation are in place. The project is in advanced stages of land acquisition.
• 1980 MW Tiruldih Power Project, Jharkhand: The land acquisition is in progress