Tata Power's Generation crosses 51,000 MUs for the first time in FY17
Tata Power, India's largest integrated power company, announced that the Company's generation crossed 51,000 Million Units (MUs) of power for the first time, collectively from all its power plants in the year 2016-2017. The Company also reported a significant increase in generation of 15.2%, with the total power generation capacity of Tata Power in India standing at 10,577 MW from various fuel sources such as thermal, hydroelectric power, renewable energy (wind and solar PV) and waste heat recovery, thereby reinforcing its position as the largest integrated power company in India.
The Company also has a significant presence in the clean energy space with a gross installed capacity of 3,141 MW. In FY '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. For more than a decade now, Tata Power has been offering affordable power tariff across most consumer categories and the remarkable increase in the company's customer base is evidence of the same. AT&C losses at Delhi (TPDDL) are expected to be 8.60% for FY17, one of the lowest in the country, as against DERC target of 10.50%.
Training & Certification of employees and contract workmen was carried out in collaboration with Tata Power Skill Development Institute (TPSDI). The Tata Power Skill Development Institute (TPSDI) is an endeavour from the Tata Power Company to empower youth and others with employable skills, especially in the Power and allied sectors, and to address the skill gap challenge faced by the Indian Power Sector. TPSDI imparted training for more than 77,866 man-days to 10,822 workmen across its 4 centres and also offered 26 courses to over 460 batches in FY17 and was awarded CBIP award 2016 for capacity building and training.
Club Enerji, Tata Power's nationwide movement, has been ceaselessly working towards spreading the message of being responsible citizens by conservation of energy and resources across the country and instilling civic and moral values, with a strategic focus on nation building. In FY17, this club has sensitised over 2.3 million people and garnered a saving of 2.9 million units and sensitised over 280 schools during the year.
Commenting on this achievement, Mr. Anil Sardana, Managing Director, Tata Power, stated, "Tata Power is committed to providing energy security to the nation through its generation assets and best-in-class transmission and distribution services. The increase in share of our renewables generation is very satisfying and is also towards contributing to the national target of shifting towards cleaner generation. We are extremely proud of this achievement & hope to achieve many more milestones."
With the support of leading technological innovations, excellence in project execution, world class safety processes, customer care, and green initiatives, the Company has succeeded in establishing a strong foothold across the country and overseas.
About Tata Power
Tata Power is India's largest integrated power company with a growing international presence. The Company together with its subsidiaries and jointly controlled entities has an installed gross generation capacity of 10577 MW and a presence in all the segments of the power sector viz. Fuel Security and Logistics, Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading. It has successful public-private partnerships in Generation, Transmission and Distribution in India namely "Tata Power Delhi Distribution 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. Tata Power is serving more than 2.6 million distribution consumers in India and has developed the country's first 4000 MW Ultra Mega Power Project at Mundra (Gujarat) based on super-critical technology. It is also one of the largest renewable energy players in India with a clean energy portfolio of 3141 MW. Its international presence includes strategic investments in Indonesia through a 30% stake in the leading coal company PT Kaltim Prima Coal (KPC), 26% stake in mines at PT Baramulti Suksessarana Tbk ("BSSR"); in Singapore through Trust Energy Resources to securitize coal supply and the shipping of coal for its thermal power generation operations; in South Africa through a joint venture called Cennergi' to develop projects in sub-Sahara Africa; in Zambia through 50:50 joint venture with ZESCO for 120 MW Hydro which has become operational in 2016; in Georgia through AGL which is a joint venture with Clean Energy, Norway & IFC for development of 185 MW hydro project which is scheduled to be commissioned in 2016; in Australia through investments in enhanced geothermal and clean coal technologies and in Bhutan through a hydro project in partnership with The Royal Government of Bhutan. With its track record of technology leadership, project execution excellence, world class safety processes, customer care and driving green initiatives, Tata Power is poised for a multi-fold growth and committed to 'lighting up lives' for generations to come".