Tata Power’s renewable business capacity crossed 2,000 MW and non-fossil fuel portfolio stood at 3,144 MW, in Q1 FY18, a 92% increase from the corresponding quarter last year. Another 500 MW of capacity is under construction by Tata Power Renewable Energy (TPREL), a wholly-owned subsidiary of the company. The operating renewable portfolio of TPREL has grown to 1457.2 MW, comprising 530.2 MW wind and 927 MW solar respectively.
The company’s renewable portfolio in India has registered a healthy consolidated PAT of f 142.18 crore in Q1 of FY18, a 329% increase from Q1FY17.
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.
