Tata Power’s generation capacity up by 24% in FY14

Tata Power, India's largest integrated power company, today said it generated 45,210 MUs (million units) of power collectively from all its power plants in 2013- 2014, compared to 34,683 MUs in the previous fiscal - a rise of  24 per cent.

The total power generation capacity of Tata Power is now at 8613 MW from various fuel sources such as thermal (coal, gas and oil), hydroelectric power, renewable energy (wind and solar PV) and waste heat recovery.

"Surpassing the set benchmark of the previous fiscal, Coastal Gujarat Power Limited (CGPL) and Maithon Power Limited (MPL) have contributed substantially to the Company's increase in generation capacity," Tata power said in a statement.

By 2022, Tata Power aims to boost the generation capacity of CGPL and MPL to 18000 MW and 4000 MW of distribution respectively.

The companyhas a gross installed capacity of 1206 MW. It has a total operating capacity of 461 MW from wind farms and 54 MW in solar. In addition, it has 447 of hydro and 240 MW from waste gas-based generation.

Anil Sardana, managing director, Tata Power, says, ''We are in the process of executing a number of power projects and aim to generate 18,000 MW by 2022 as well as additional 4000 MW of management of distribution networks. We are delighted that we have crossed the 45,000 MUs benchmark of power generation which marks a milestone in the history of the company.''

Tata Power has eight projects under execution encompassing solar, wind, hydro and gas based projects in India and overseas. These projects, upon completion, are expected to increase the company's overall generation capacity by 849.2 MW. Of this 849.2MW, 646.7 MW will be generated from green energy sources.