As part of its efforts to boost its renewable energy portfolio Tata Power is actively looking at opportunities to develop hydro projects. Tata Power's renewable energy is expected to make up about one-fourth of its overall generation capacity by 2020. The country's largest private power producer is already developing hydro projects in India, Nepal and Bhutan.
Tata Power Managing Director Anil Sardana told a leading news agency that at present, Tata Power has a hydro power generation capacity of 447 mw in Maharashtra. Tata Power and Norway-based SN Power's joint venture is developing an 880 mw hydro project in Tamakoshy, Nepal. The entity has also bagged the 240 mw Dugar hydro electric project in Himachal Pradesh.
The company is implementing a 114 mw Dagachhu hydro project in Bhutan. Tata Power has aggressive plans of generating 26,000 mw by 2020 and intends to have a 20-25 per cent contribution from 'clean power sources' which will include a mix of hydro, solar, wind, geothermal and waste gas generation, Sardana said.
Currently, the company has an installed generation capacity of 7,700 mw. In the renewable energy segment, besides hydro, Tata Power is working on various solar, wind, geothermal and waste gases-based power projects.
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