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Tata Power reiterates its commitment to renewable energy generation
Source: IRIS | 16 Dec, 2014, 03.15PM
Rating: NAN / 5 stars.
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Tata Power, India's largest integrated power company today announced the successful commissioning of the final 8 MW of the 32 MW wind farm at Girijashankarwadi in Maharashtra. The wind farm uses the 2 MW wind turbine from Kenersys India. With this commissioning, Tata Power’s total wind generation capacity stands at 470.6 MW, with wind farms located across five states-Maharashtra, Rajasthan, Gujarat, Tamil Nadu and Karnataka.

Tata Power has developed this project through its 100% subsidiary, Tata Power Renewable Energy (TPREL). TPREL also has a further 300 MW of wind capacity under development and construction in the states of Maharashtra, Gujarat and Rajasthan.

The wind farm is expected to generate approximately 62 MUs per year which will be procured by Tata Power-Distribution towards fulfillment of its Renewable Purchase Obligations (RPO). With this commissioning, Tata Power's total generation capacity stands at 8623 MW.

Anil Sardana, managing director, Tata Power stated, ''We are delighted to announce the commissioning of our wind project at Girijashankarwadi. Wind energy is an important part of our renewable energy portfolio and we aim to add 150-200 MW annually. We are committed to reducing our carbon footprint through the generation of 20- 25 % of our total capacity through clean and renewable energy sources. We would like to thank the Government of Maharashtra, the local community and authorities and all our stakeholders for the support extended in setting up this wind power project at Girijashankarwadi.''

Shares of the company declined Rs 3.9, or 4.63%, to trade at Rs 80.30. The total volume of shares traded was 485,030 at the BSE (3.04 p.m., Tuesday).

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