Sunday, December 17, 2017

Powerzone

Project push

 

Tata Power has drawn up plans to up generation capacity from multiple sources

 


Tata Power, one of India’s largest private-sector power generators, has announced plans to execute a number of power plant projects, which, upon completion will increase its overall generation capacity by 849.2 MW. The company has a gross installed capacity of approximately 8,560 MW through thermal, green energy and waste gases of which, as on February 28, 2014, 7,647 MW came from thermal power sources and 912 MW from green energy sources. Tata Power currently has eight projects under execution under solar, wind, hydro and gas based projects in India and overseas which are as follows:

 

 

Wind Projects:

 

Tata Power has entered into Power Purchase Agreement with Tata Power Renewable Energy Limited (TPREL) for purchase of wind energy from the 32MW wind energy project located at Ambheri, in the Satara district in Maharashtra. The project is currently under execution and is expected to be commissioned in FY2014.The company entered into a PPA with TPREL on January 16, 2014 for purchase of wind energy from the 49.5 MW wind energy project being developed by TPREL for generating and selling renewable electrical energy to the beneficiary entities. The PPA shall commence from June 01, 2014 and remain effective up to May 31, 2027. This project currently under execution and is expected to be commissioned in FY2015.  Among the two wind projects it has undertaken abroad are 94.8 MW Tsitsikamma and the 134.4 MW Amakhala Emoyeni in South Africa through a joint venture company called Cennergi (Pty) Limited. Both projects are expected to be commissioned in FY2017.

 

 

Solar Projects:

 

Tata Power has entered into a PPA with TPREL for purchase of solar energy from the 25 MW AC Solar Plant located at Palaswadi, Maharashtra. The PPA has been entered into for a term of 25 years commencing from March 31, 2014. The project is currently under execution.

 

 

Hydro Projects:

 

In the hydro segment the company is involved in a joint venture for the 126 MW Dagachhu Hydroelectric Power Project in Bhutan. Dagachhu Hydro Power Corporation Limited has entered into a PPA with Tata Power Trading Company Limited whereby TPTCL shall purchase and import power generated at the Dagachhu project into India. This PPA is valid for a period of 25 years from the date of commissioning of the project. Tata Power is also a joint venture partner in Adjaristsqali Georgia LLC which is developing hydroelectric projects in Southwest Georgia. 

 

 

Gas based Projects:

 

The Kalinganagar Project is a 202.5 MW cogeneration plant located at Kalinganagar Industrial Complex at Duburi, Odisha, being set up by Industrial Energy Limited. Tata Steel Limited and IEL entered into a MOU on August 30, 2011for the establishment of the captive power plant for a period of 48 months. Civil work for this project is currently in progress and the project is expected to be fully commissioned in FY2015. A PPA between IEL and Tata Steel Limited is under negotiation.

 

Anil Sardana, Managing Director, Tata Power is led to say, “As one of the largest private sector power generators in India, we have a strong track record of successfully implementing large and complex projects across the power sector. Today, we are an established power generation group with a strong track record and extensive industry experience. This has helped us to identify new opportunities and to plan expansions across our generation assets. We believe that our presence across the value chain provides us with advantages over competitors as the Indian electricity market continues to privatise, liberalise and evolve.”




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