May 28, 2013 - Tata Power is committed to generating 20-25% of its total generation capacity from clean energy sources. In line with its philosophy, Tata Power plans to add 30-50MW of solar power and 150-200MW of wind energy in India every year. Tata Power's total investment in solar and wind energy so far is Rs. 2393 crore.
The total generation from the solar has touched 49.83 MUs and from wind projects has touched 796 MU's till 31st March 2013. Tata Power's generation through clean sources in India such as hydro, wind and solar today stands at 873MW.
The Company has a total operational capacity of 28MW+. This includes 25MW Mithapur Project, Gujarat, 3MW at Mulshi, Maharashtra, and some rooftop solar installations.
Tata Power's Mithapur project has been developed through its 100% subsidiary, 'Tata Power Renewable Energy Limited' that has signed a Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Limited. The Mithapur solar power plant uses the modular, proven, and widely deployed Crystalline Silicon Photo-Voltaic Technology to maximize power generation. The project helps in reducing an annual average of 37,696 tons of Carbon Dioxide, by producing 39,597MWh per year (average) equivalent amount of clean energy. The Company is also developing a 28.8MW of solar plant near Satara in Maharashtra.
It has three of its renewable energy projects registered under the Clean Development Mechanism (CDM) programme of the United Nations Framework Convention on Climate Change (UNFCCC). These projects include 50.4MW wind power project at Samana, 50.4MW wind project at Khandke, Maharashtra, and 25MW solar project at Mithapur, Gujarat. Another wind farm project is at an advanced stage of approval with UNFCCC.
Speaking on Tata Power's commitment to clean and green energy, Mr Anil Sardana, Managing Director, Tata Power said, "Our solar and wind energy assets are performing well and we are committed to reducing our carbon footprint through "clean and renewable energy" generation. Our aim is to have 20-25% of our generation portfolio from clean energy."
In the international space, the Company's renewable energy projects under development are - a 240MW geothermal project in Indonesia being developed with consortium partners- Origin Energy, Australia and PT Supraco, Indonesia and South Africa JV with Exxaro called Cennergi which has been shortlisted as a preferred bidder for two wind projects of 234MW - Amakhala 139MW and Tsitsikamma 95MW projects.