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Tata Power’s JV synchronizes Shuakhevi HPP in record time

22 Aug 2017 Evaluate

Tata Power’s joint venture (JV) -- Adjaristsciali Georgia LLC (AGL) has synchronized its 186 MW Shuakhevi Hydro Power Project (HPP) in record time. AGL is in joint venture with Norway's Clean Energy Invest AS Norway (Clean Energy) and IFC InfraVentures (IFC), a member of the World Bank group.

Further, the company has commenced stabilization procedures to ensure smooth operations. The construction of the plant started in the fall of 2013 and has been synchronized on the 1nd and 2nd of August 2017, in a record time of less than four years.

Tata Power is India’s largest integrated power company with a growing international presence. The company together with its subsidiaries and jointly controlled entities has presence in all the segments of the power sector viz. Fuel Security and Logistics, Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.

Peers
Company Name CMP
NTPC 324.00
Tata Power 374.80
Adani Power 209.00
Power Grid Corpn. 270.00
Adani Energy Solut. 1415.00
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