Tata Power, India's largest private power utility, has plans to add 200 megawatts of capacity in the current fiscal year.

The company hopes to bring under construction projects on stream, which includes 120 MW unit at Jojobera, a 30 MW unit Haldia, and also around 50 MW of wind power by 2009-10.

A company official, who is familiar with latest development, has informed that the company has completed 23% of work at a 4,000 MW facility at Mundra in the western state of Gujarat, and the first unit (at Mundra) is expected to commence its operation by September 2011.

In recently announced results, Tata Power has reported a net profit of Rs 922.20 crore for the year ended March 31, 2009, a growth of 6 per cent compared to Rs 869.90 crore in the previous year.   

Ahead of positive results, the board of directors of the company has declared a dividend of Rs 11.50 per share as compared to Rs 10.50 per share last year.