Tata Power

Tata Power's Trombay plant develops technical snag

New Delhi - Private power utility Tata Power on Monday said its Trombay thermal power station had developed a technical problem.

"Tata Power said that a technical snag developed in Unit 7 at Trombay thermal power generating station," the company said in a regulatory filing to the stock exchange.

The gas turbine generator rotor of the Combined Cycle Gas based unit developed an inter-turn short and ground.

However, there is no associated damage to any other equipment, the company said without disclosing whether or not power generation was impacted due to the snag.

MERC grants 25-yr power distribution licence to Tata Power

MERCMumbai: In a major decision, state electricity regulator Maharashtra Electricity Regulatory Commission (MERC) has granted 25 years distribution licence to Tata Power for supplying power in city and suburban areas.

MERC in its order has allowed Tata Power Company (TPC) to supply electricity in Mumbai city, parts of suburban areas including Bandra to Dahisar in Western suburbs; Chunabhatti to Vikhroli and Mankhurd in Eastern suburbs for 25 years.

It has also been granted licence to supply electricity in areas of Mira-Bhayander Municipal Corporation, Chene and Versova which were earlier not a part of its licence area.

Tata Power to double generation capacity 18,000 MW by 2022

Tata-PowerNew Delhi: Electricity producer Tata Power aims to double its generation capacity to 18,000 MW from all sources of energy by 2022.

The company generates power from different fuel sources -- thermal (coal, gas and oil), hydroelectric power, renewable energy (wind and solar Photo-Voltaic).

Its current generation capacity is 8,613 MW.

Tata Power generated 11,866 million units from its thermal stations during the quarter ended June 30, 2014.

Its two projects -- Coastal Gujarat Power Ltd (CGPL) and Maithon Power Ltd (MPL)-- were the top contributors to increased generation.

AAP govt violated laws to conduct CAG audit of discoms: Tata Power to HC

AAP govt violated laws to conduct CAG audit of discoms: Tata Power to HCNew Delhi: Aam Aadmi Party had pre-decided to have CAG audit of private discoms and its government later violated statutory and constitutional provisions to fulfill the poll promise, Tata Power Delhi Distribution Ltd (TPDDL) Tuesday told the Delhi High Court.

"One particular party decided in its election manifesto that it will decrease power tariff and will conduct CAG audit of all three private discoms...

Tata Power eyes assets for acquisition, overseas opportunities

Tata PowerNew Delhi - Pushing ahead with its expansion plans, Tata Power is scouting for investment opportunities in select overseas geographies and eyeing assets available for acquisition due to financial stress in power sector.

Further, the power major is looking at opportunities for providing management and technical advisory services in distribution business.

These plans are part of the leading private utility's strategy to remain as an integrated player across the power value chain, as per Tata Power's latest annual report for 2013-14.

Tata Power can't terminate contracts unilaterally: NTPC

Tata-PowerNew Delhi: Country's largest power producer, NTPC has said that Tata Power's unit can't unilaterally call off pacts with it, and should compensate the state-run firm if it decides to do so.

Tata Power Delhi Distribution Company Ltd (TPDDL) wants to surrender 300 MW electricity it buys from NTPC saying that the fuel costs have gone up.

NTPC supplies around 1,000 MW of power to TPDDL.

Tata Power Solar ups production capacity to 200 MW

Tata-PowerBangalore, May 28 : Tata Power Solar Systems increased its manufacturing capacity to 200 MW from 125 MW to offer solar modules to domestic and overseas markets, a top official said Wednesday.

"The 60 percent capacity expansion will enable us to provide solar modules for increasing the share of renewable energy in the power sector and meet the increase in demand, thanks to pro-active policy steps such as domestic content requirement and anti-dumping duties," Tata Power Solar chief executive Ajay Goel told reporters here.

Tata Power rights issue oversubscribed two times

Tata Power rights issue oversubscribed two timesMumbai, April 21 : Tata Power's rights issue has been oversubscribed by nearly two times, the company said Monday.

The issue, which closed April 15, "has been oversubscribed by 1.96 times, wherein Tata Power collected an amount of Rs. 3,916.41 crore on application", the company said in a statement.

The company had offered up to 33,22,30,130 equity shares of face value of Re. 1 each at a price of Rs. 60 per equity share for an amount aggregating to Rs. 1,993.38 crore on a rights basis to existing shareholders.

Tata Power to raise total generation capacity by 850 MW

Tata-PowerNew Delhi, April 3 : Leading generator and distributor Tata Power Thursday said it is executing projects that would increase the company’s overall generation capacity by nearly 850 MW.

"Tata Power is in the process of executing a number of power plant projects which, upon completion, are expected to increase the company’s overall generation capacity by 849.2 MW," it said in a statement.

Tata Power names Ramesh Subramanyam as CFO

Tata-PowerNew Delhi, April 1 : Leading power generator and distributor Tata Power Tuesday announced that Ramesh N. Subramanyam has been appointed the company's chief financial officer.

"This is consequent to the superannuation of S. Ramakrishnan, Executive Director (Finance), on February 28," Tata Power said in a statement.

Subramanyam, who was CFO and company secretary of Coastal Gujarat Power Ltd., the Tata Power subsidiary operating the 4,000 MW ultra mega power project at Mundra, Gujarat, took charge as CFO on Monday. He joined the company in 2007. (IANS)

Tata Power accuses CLP of misrepresenting Jhajjar project’s commercial operation date

Tata Power accuses CLP of misrepresenting Jhajjar project’s commercial operation dateTata Power Co has dragged CLP India to the Central Electricity Regulatory Commission (CERC), alleging that the latter has misrepresented the date of commercial operation of its Jhajjar power project.

In its petition before the CERC, the Tata group firm described CLP India's claim that its Jhajjar plant has started commercial operation is 'illegal', which caused financial losses.

Tata Power to sell its 30% stake in PT Arutmin

Tata Power Co Ltd, the power generation & distribution company of the Tata Power Group, has agreed to offload its 30 per cent stake in coal miner PT Arutmin Indonesia to Bakrie Group for $500 million.

Tata Power said on Friday that it had signed an agreement through its wholly owned units to sell its stake its stake in PT Arutmin to Indonesia's Bakrie Group. However, it didn't specify the wholly owned units.

The private-sector power producer also announced that proceeds from the stake sale will be used to cut debt.

Tata Power temporarily shuts Mundra plant

Tata PowerPrivate-sector power producer Tata Power Co. has confirmed that its 4,000 MW western India plant, which recently suffered a fire accident, has been temporarily shut.

The Mundra plant's conveyor gallery suffered fire at 4.30 am on 14th of November when it was generating 3,040 MW of electricity from four units. The plant's No. 2 unit had already been under shut down for the examination of generator at the time of the accidental fire.

Tata Power subsidiary to acquire wind farm in Gujarat

Tata Power subsidiary to acquire wind farm in GujaratTata Power, the energy arm of salt to software conglomerate Tata Group, on Tuesday announced its decision to buy a 39.2 MW wind farm in Gujarat from American energy-producer AES Corp.

The company said that its subsidiary Tata Power Renewable Energy Ltd. (TPREL) had signed a share purchase agreement with AES Corp to acquire 100 per cent stake in Jamnagar-based AES Saurashtra Windfarms Private Limited.

Tata Power buys 39 MW wind energy farm in Gujarat

Tata-PowerNew Delhi, Oct 8 : Tata Power has inked a deal to acquire AES Saurashtra Windfarms, a subsidiary of US-based AES Corp, which owns a 39.2 MW wind energy farm in Gujarat, Tata Power said Tuesday.

The purchase was made through the Tata Power subsidiary, Tata Power Renewable Energy, for an undisclosed amount.

"The project (wind energy farm) which is fully operational since January 2012 has executed a power purchase agreement with GUVNL (Gujarat Urja Vikas Nigam Ltd) for sale of the electricity at a tariff of Rs. 3.56/kWh for the duration of the project," Tata Power said.

Tata Power begins work on 400MW hydel project in Georgia

Tata-PowerNew Delhi, Oct 3 : Tata Power Thursday announced it has begun construction work for the first phase of its joint venture 400 MW hydro-power project in Georgia.

In a press release here, the company said the ground-breaking ceremony for construction of the first phase of 185 MW of the Shuakhevi hydropower project was recently performed by Georgian Prime Minister Bidzina Ivanishvili.

The project would be jointly developed by Tata Power along with Clean Energy Invest AS, Norway (Clean Energy) and IFC InfraVentures (IFC).

The power generated by the plant is projected for sale primarily to Turkey, Tata Power said.

IBM to deliver smart grid solution to Tata Power Delhi Distribution

IBM to deliver smart grid solution to Tata Power Delhi DistributionNew Delhi, Oct 3 : Software giant IBM Thursday said it has been selected by Tata Power Delhi Distribution Ltd. (TPDD) to conceptualise, design and deliver an advanced smart grid solution that will collect and analyze real-time information from smart meters and data from the communication and management infrastructure.

This will enable TPDD to better manage energy output and further reduce outages, IBM said in a release here.

Coal Min issues show cause notices to several companies including JSPL, Tata Power

Coal Min issues show cause notices to several companies including JSPL, Tata PowerCoal ministry has issued show cause notices Jindal Steel & Power Ltd (JSPL), Jindal Photo, Monnet Ispat and Tata Power over their failure to develop coal blocks allotted to them in the stipulated time.

The ministry said in a statement that the companies made no significant progress towards development of Mandakini and Ramachandi Promotion CTL coal blocks.

The recommendation for issuing show cause notice for delay in the development of the coal bocks was made by Inter-Ministerial Group (IMG).

Tata Power’s initiative saved 8 lakh power units in Delhi

Tata Power’s initiative saved 8 lakh power units in DelhiA Tata Power's movement headed by school children aimed at saving eliminating wastages of electricity and spreading awareness about energy and resource conservation called, `Club Enerji' has been highly successful.

The campaign is claimed to have touched upon around 1,26,675 citizens and helped save 7,93,585 units of energy in the national capital, Delhi. The initiative included activities include rallies, street plays and public addresses aimed at spreading awareness during festivals such as Diwali, Ganesh Chaturthi, Navratra, etc.

Tata Power commissions 5th unit of Mundra UMPP

Tata Power commissions 5th unit of Mundra UMPP Tata Power-arm Coastal Gujarat Power Limited (CGPL) on Monday commissioned the fifth and last 800MW unit of the ultra mega power plant at Mundra in Gujarat.

The first unit of the 4,000MW plant was commissioned in March last year. The project, which is India's maiden ultra mega power project (UMPP), has been completed in a record time of one year.




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