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News Brief | June 2011

Tata Power commissions 3 MW solar power plant in Maha

Tata Power announced the commercial operation (COD) of its 3 MW photovoltaic (PV) based, grid-connected solar power plant at Mulshi in Maharashtra. This is the first and largest solar photovoltaic (PV) power plant in Maharashtra and one of the largest in the country. The plant spread over 12 acres of land is situated near Pune. The company had set up its first solar power plant of 100 KW in 1996 at Walwhan in Lonavla.

Speaking on the occasion, Anil Sardana, Managing Director, Tata Power, said, "This addition reinforces the company's sustainability agenda and the commitment of setting up generation capabilities through renewable sources. MERC is one of the regulators to have adopted renewable power obligations (RPO) and our customers in Mumbai will be a few of the revered world citizens supporting green power in their portfolio of consumption."

Meanwhile, the company for the financial year ended 2011, reported a profit after tax (PAT) of Rs 941.49 crore as against Rs 938.76 crore for the previous year. Net profit after statutory appropriations increased by Rs 22.36 crore (2 per cent) to Rs 970.01 crore as against Rs 947.65 crore in the previous year. S Ramakrishnan, ED Finance, Tata Power, said that plans were on to add 2,800 MW in the current year.

Contact: Tata Power
Tel: (022) 6665 8282
Web: www.tatapower.com
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