Tata Power, country's largest power producer is actively targeting overseas opportunities especially in Africa, Middle East, Turkey and South East Asia. The company has taken this decision with no tangible business opportunities in India. The domestic power sector is facing multiple woes, including acute fuel scarcity and poor financial health of electricity distribution companies (discoms).
The private power producer has prioritized seven countries, which includes South Africa and other Sub-Saharan Africa countries, Indonesia, Vietnam, Turkey and Middle-East. Currently, it is working on projects in Indonesia, Bhutan, South Africa, Nepal and Australia, among others.
Tata Power is India's largest integrated private sector power utility with an installed generation capacity of 5297 MW and a presence in all the segments of the power sector viz. generation (thermal, hydro, solar and wind), transmission, distribution and trading.
