In keeping with its commitment to generate 30-40% power by 2025 through renewable sources of energy
The company also reported capacity increase by 16 per cent in FY17 as compared to FY16.
Consolidated exceptional loss towards contractual obligations amounted to Rs 651 crore
Chandrasekhar discharged his responsibilities at executive positions from over 40 firms
Tata Power in view of higher coal prices is credit negative, but does not impact its Ba3 rating
Private player Tata Power today said electricity generation from all its plants collectively crossed 51,000 Million Units (MUs) in 2016-17. It also reported significant increaseof 15.2 per cent in output, with its total power generation capacity at10,577 MWfrom various fuel sources such as thermal, hydroelectric power, renewable energy (wind and solar PV) and waste heat recovery. According to a statement by the company, it also has a significant presence in the clean energy space with a gross installed capacity of 3,141 MW. In 2016-17, Tata Power's total customer base crossed the 2.6 million mark, as Mumbai Distribution's consumer base crossed 6,70,000 customers with over 1 lakh consumers on Tata Power's wires. The AT&C losses at Delhi (TPDDL) are expected to be 8.60 per cent last fiscal, one of the lowest in the country, as against DERC target of 10.50 per cent, it said. Training & Certification of employees and contract workmen was carried out in collaboration with Tata
Land losers of Tata Power's 1000 Mw coal-based power project originally supposed to come up at Naraj near Cuttack, are bracing for an agitation on the lines of their counterparts in Singur (West Bengal) who had demanded return of land lost for the Tata Motors' Nano project.With Tata Power relocating its project and later purportedly shelving it, the land losers are left with no livelihood option. People in five villages- Mundali, Talagarh, Naraj-Marthapur, Ramdaspur and Nuagaon had lost 1200 acres of agricultural land for the project that never took off. The one-time compensation paid by the company for their surrendered lands is no solace for the people who are now battling for survival.The land losers have staged a protest banner titled 'Sidheswar Anchalika Surakhya Committee', demanding return of their lands. The committee has sought the intervention of Prime Minister Narendra Modi to rescue them from the plight."The farmers who had lost their lands urge upon you to defuse this ...
The project will benefit 255 persons in Baliapal village with uninterrupted power
Looks at three options to raise Rs 3,500 crore to reduce its Rs 42,000-crore debt
Natarajan Chandrasekaran is the Chairman designate of Tata Sons Limited
The total income decreased to Rs 6604.59 crore from Rs 7324.25 crore in the same period last fiscal
The company's efforts of setting up a coal-fired power station in Odisha have been stalled
The stock was up 4% at Rs 75.95 on the BSE in intra-day trade
The sale consideration for PT Arutmin has been revised to $246.64 million from the earlier value of $390 million
Market capitalisation of the company has jumped by Rs 459 crore to Rs 19,987.21 crore
The project has been secured through bidding in the open category under the Jawaharlal Nehru National Solar Mission
Tata Power currently runs 3,300-megawatt on non-fossil fuel out of 10,500-MW in operation
Newly appointed independent directors reinforce its intent to attract high quality talent and expertise
The TPDDL has a consumer base of 15.5 lakh which includes consumers in the commercial categor
To raise an initial capital of up to $850 mn, platform to fund power projects in India