Mumbai: Tata Power recently crossed the milestone of 500MW renewable energy capacity with the commissioning of solar plant at Palaswadi in Maharashtra.
"This achievement is in line with the company's commitment to have a 20-25 per cent contribution in energy generated from clean power sources that includes a mix of hydro, solar, wind, geothermal, and waste gas generation,'' said an official.
Tata Power has a total operating capacity of 460.6MW from wind farms and 54MW in solar generation. In addition the Company has 447 of hydro and 202.5MW from waste gas based generation.
The company has aggressive plans to increase its generation capacity from green energy sources alone, based on projects that are already in advance stage of execution. It has a dedicated team that looks for opportunities in the renewable energy space and development of clean technology, officials said.
"The Company has been working in different areas of renewable power generation - both grid connected as well as distributed generation,'' the officials added.
Tata Power managing director Anil Sardana said: "We are committed to reduce carbon footprint through "clean and renewable energy" generation and further diversify energy portfolio to reduce fuel price risk. The Company has aggressive plans of additional generating capacity by 2022."
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