Tata Power synchronises 250 MW eighth unit at Trombay
30 March 2009
Tata Power Company Limited, India's largest integrated private power company, today announced the synchronisation of the 250 MW Unit 8 with the grid and rest of the generation units at the Trombay thermal power plant in Chembur, Mumbai.
The 250 MW unit No 8 will operate on imported coal and will enhance the current installed capacity of 1350 MW at Trombay thermal power station. The commissioning of the unit will be undertaken shortly and will help bridge the gap between the ever increasing demand and supply of power, the company said in a release.
''The announcement is a significant step towards augmenting power supply. We thank the various agencies involved in the project, including the government of Maharashtra and the centre, in helping us achieve this milestone. We look forward to continued support of the Maharashtra government in facilitating this as also our further plans for other power generation opportunities in Maharashtra,'' Prasad R. Menon, managing director, The Tata Power Company Limited, said.
Tata Power is India's largest private sector power utility with an installed generation capacity of over 2300 MW and a presence in all the segments of the power sector, viz generation (thermal, hydro, solar and wind), transmission, distribution and trading.
The company has successful public-private partnerships in generation, transmission and distribution - `North Delhi Power Limited' with Delhi Vidyut Board for distribution in North Delhi, 'Powerlinks Transmission Ltd.' with Power Grid Corporation of India Ltd for evacuation of power from Tala hydro plant in Bhutan to Delhi and 'Maithon Power Ltd' with Damodar Valley Corporation for a 1050 MW mega power project at Jharkhand. It has acquired 30 per cent stake in coal companies in Indonesia and is developing the first 4000 MW ultra mega power project at Mundra (Gujarat) based on super-critical technology.
Tata Power reported a 25.18 per cent rise in quarterly revenues, at Rs1,776.87 crore. Sales rose 2.68 per cent at 3,711 million units. Profit after tax stood at Rs 115.08 crore (not comparable with previous year due to change in the accounting method).
For April-December 2008-09, Tata Power reported a 34.58 per cent jump in revenues at Rs5,761.88 crore and profit after tax of Rs567.56 crore (though not comparable).
The company also signed an MoU with Gujarat government to explore the possibility of setting up of geothermal and solar power plant in the state. It also signed a joint venture agreement with Indian Oil Corporation (IOC) to set up a coal based power plant in Orissa.
Tata Power, meanwhile, commissioned 21.6 MW of additional wind capacity in Gujarat and Karnataka as well as the second unit of 45 MW at Haldia.