With India looking at solar playing a major role in the country's energy mix, an emerging sticking point is the imbalance between usage of imported v/s domestic PV panels for local projects.
Tata Power's generation crosses 51,000 MUs in FY17
Tata Power, India's largest integrated power company, announced that the company's generation crossed 51,000 Million Units (MUs) of power for the first time, collectively from all its power plants in the year 2016-2017.
Tata Power’s Generation Capacity up by 8 per cent
Tata Power, announced that the company’s generation capacity increased by more than 8 per cent in Q3 FY17 as compared to Q3 FY16. The company, together with all its subsidiaries and jointly controlled entities, has a gross generation capacity of 10,496 MW and a presence in all the segments of the power sector viz.
Tata Power announces consolidated profit of Rs 336 crore in Q2 FY17
Tata Power announced its results for the quarter ended September 30, 2016. The company’s consolidated Q2 FY17 Total income from operations (net) for the quarter stood at Rs 7,209 crore as compared to Rs 7,666 crore in the corresponding quarter last year mainly due to lower revenue at standalone level due to lower fuel cost and lower power purchase, lower MUs traded at TPTCL.
Bijal Ashokbhai Shah, IAS, Managing Director, Uttar Gujarat Vij Company Limited, aged 49, holds a BE degree in Civil Engineering from LD College of Engineering, Ahmedabad and an additional degree in Law.
Tata Power arm acquires Welspun Renewables Energy Private Limited
Tata Power announced that 100 per cent subsidiary Tata Power Renewable Energy Limited (TPREL), has completed acquisition of 100 per cent shareholding in Welspun Renewables Energy Private Limited and its subsidiaries. This represents the largest transaction in the renewables space in India.
Tata Power´s African JV achieves commercial operations of its 134 MW wind farm
Tata Power, has announced that Cennergi (Pty) Ltd, it´s 50:50 joint venture with Exxaro Resources in South Africa, has achieved commercial operations for its 134 MW Amakhala Emoyeni Wind Farm Project. Cennergi was selected as the preferred bidder for two wind projects under the second window of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) by the South African government