Tata Power raises renewable energy capacity to 1,170MW

NEW DELHI: Tata Power, the country’s biggest electricity generator in the private sector, on Monday said its renewable energy capacity has risen to 1,170MW with the commissioning of its 28.8MW solar plant at Palaswadi in Maharashtra.

The company has an operating capacity of 460.6MW from wind farms and 54MW of solar generation.

Tata Power has been working in different areas of renewable power generation, both grid connected and distributed generation, it said in a statement.

"Tata Power is committed to reduce its carbon footprint through 'clean and renewable energy' generation and further diversify its energy portfolio to reduce fuel price risk," managing director Anil Sardana said. "The company has aggressive plans of additional generating capacity by 2022 and would target 20-25% contribution from clean and green energy sources."

Tata Power is one of the biggest wind energy generators in the country. Its 460.6MW of installed capacity is spread across Maharashtra, Gujarat, Tamil Nadu, Karnataka and Rajasthan.

It is also one of the leading solar power generators in India with an operational capacity of 54 MW. Besides Palaswadi, the company has solar plants at Mithapur in Gujarat (25MW), Mulshi in Maharashtra (3MW) and some rooftop solar installations.

Tata Power has five of its renewable projects registered under the Clean Development Mechanism programme of the United Nations Framework Convention on Climate Change.

Shares of Tata Power were up 2.53 per cent at Rs 113.60 on the Bombay Stock Exchange at 3.45pm.