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Tata Power Renewable Energy Ltd (TPREL), Tata Power’s wholly-owned subsidiary, has commissioned 36 MW wind capacity of a 100 MW wind farm (under construction) at Nimbagallu in Andhra Pradesh, and a 49 MW solar plant at Kayathar, Tamil Nadu, under Welspun Renewable Energy Pvt Ltd (WREPL).
With these, the operating renewable energy capacity of TPREL goes up to 1,876 MW, comprising 841 MW wind, 915 MW solar, and 120 MW waste heat recovery capacity as of today.
In FY16, Tata Power Renewable Energy increased its operational capacity by 1169 MW.
TPREL completed the acquisition of WREPL last year to become the largest renewable energy company in India.
In 2016, TPREL won 320 MW of solar bids, which are under development and will be commissioned in 2017.
The company has also added 304 MW wind capacity in 2016, which are under development and construction in Gujarat, Andhra Pradesh, Madhya Pradesh and Karnataka.
Rahul Shah, CEO & Executive Director, Tata Power Renewable Energy Ltd, said, “With the commissioning of these two projects, TPREL continues to fortify its position of being the largest renewable energy company in the country. Our strategic approach is in line with Tata Power’s aim to expand its clean energy portfolio up to 35-40 per cent by 2025. We continue to seek to grow our portfolio in India and in select international markets through organic and inorganic opportunities.”
TPREL’s strategy emphasises the development of clean energy generation from non-fossil fuel and renewable energy sources to balance the carbon emissions from fossil-fuel-based generation capacity while contributing towards the energy security of the country.
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