On account of growing unfeasibility towards converting the imported gas/ oil to a coal-fired one, Tata Power is planning to shut down its 500 megawatt (MW) unit at its 1,580 MW Trombay power plant. In light of these plans, ministry of environment and forest is currently reviewing the company’s application seeking clearance for change in fuel, given that the company is finding it unviable to operate a plant on imported oil and generate power at Rs 13-14 per unit. Inorder to use the Unit on a regular basis, the company, back in December 2012, had moved an application for fuel change but to no avail yet.
Tata Power’s Trombay power plant in Mumbai’s eastern suburb has an installed capacity of 1,580MW. A particular unit with a capacity of 500MW in the plant was built in the mid-1980s to be operated either on gas or oil. Since gas is not available, this unit is operated on oil only when there is a sudden spurt in demand. The cost of power generation from diesel varies between Rs.12 and Rs.15 a unit, while coal-fired power costs around Rs 3.50- per unit. The fuel conversion in the plant costs the company around Rs 1,174 crore.
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.
| Company Name | CMP |
|---|---|
| NTPC | 357.90 |
| Tata Power | 375.35 |
| Power Grid Corpn. | 287.60 |
| Adani Power | 226.80 |
| Torrent Power | 1403.70 |
| View more.. | |
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: