Tata Power has crossed the 500 MW mark in renewable energy capacity with the commissioning of a solar plant at Palaswadi, Maharashtra.
This is in line with the company’s commitment to have 20-25 per cent contribution in clean energy generated from hydro, solar, wind, geothermal, and waste gas.
Currently, Tata Power has a total operating capacity of 460.6 MW from wind farms and 54 MW from solar energy. In addition, the company has 447 MW of hydro power and 202.5 MW from waste gas-based generation.
With this, the company’s total installed generation capacity stands at 8,585 MW, with 1,170 MW from clean energy sources. It plans to increase its generation capacity from green energy sources alone, based on the projects that are already in advance stage of execution, development.
Anil Sardana, Managing Director, Tata Power, said: “Tata Power is committed to reduce its carbon footprint through renewable energy generation and further diversify its energy portfolio to reduce fuel price risk. The company has aggressive plans of additional generating capacity by 2022 and would target 20-25 per cent contribution from clean and green energy sources.”
Tata Power is one of the largest wind energy generators in the country with an installed capacity of 460.6 MW spread across five states viz. Maharashtra, Gujarat, Tamil Nadu, Karnataka and Rajasthan.
The company is one of the leading solar power companies with a total operational capacity of 54 MW. This includes 28.8 MW plant at Palaswadi, 25 MW plant at Mithapur Project in Gujarat, 3 MW at Mulshi in Maharashtra and some rooftop solar installations.
Tata Power currently has five of its renewable projects registered under the Clean Development Mechanism (CDM) programme by the United Nations Framework Convention on Climate Change (UNFCCC).