Tata Power to invest Rs18,000 crore to raise capacity by 4,500 MW

Our Corporate Bureau
30 May 2006

The company is planning a 1,000 MW coastal coal-fired thermal plant in the state of Maharashtra. Requests have been made to the government for land acquisition and other facilities. The plant would use imported coal.

Tata Power has acquired a 74-per cent stake in Maithon Power, which is implementing the Maithon right bank thermal project, from Damodar Valley Corporation. The power plant would have a generating capacity of 1,000 MW.

Expansion of 250 MW is being planned at the company''s existing unit at Trombay, which is expected to be implemented in 28 months. All necessary approvals have been received and site development work is underway. As a short-term measure, Tata Power is installing diesel-generating sets with a capacity of 100 MW at Trombay. The diesel sets would be commissioned within a year.

Besides the above, the company is also implementing a captive power plant for Tata Steel at Jamshedpur. The 120-MW unit would go on stream in 26 months.

Tata Power has also bid for projects in Bangladesh and South Africa. The company has proposed a 1,000-MW gas fired power plant in Bangladesh, which is awaiting final clearance. In South Africa, the company is bidding for a 290-380 MW combined cycle project along with local partners.

To meet fuel requirements, the company is seeking to acquire coal mines in the states of Jharkhand, Orissa and Andhra Pradesh.