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Tata Power’s arm to set up 28.8 MW photovoltaic-based solar project in Maharashtra

22 Jul 2013 Evaluate

Country’s largest private electricity producer Tata Power’s wholly-owned subsidiary Tata Power Renewable Energy (TPREL) is in process of setting up 28.8 MW photovoltaic-based solar project in Satara district of Maharashtra. The company has an installed solar power generation capacity of more than 30 MW, including 25 MW project at Mithapur, Gujarat, and a 3 MW plant at Mulshi, Maharashtra and it aims to add 50 MW solar power capacity every year. 

Currently, four of its renewable projects are registered under the Clean Development Mechanism (CDM) programme of the United Nations Framework Convention on Climate Change.

Tata Power is India's largest integrated power company with a significant international presence. The Company has an installed generation capacity of 8521 MW in India and a presence in all the segments of the power sector viz. Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.

Peers
Company Name CMP
NTPC 327.00
Tata Power 361.00
Adani Power 202.35
Power Grid Corpn. 263.50
Adani Energy Solut. 1350.00
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