Tata Power Company Ltd.

Tata Power Company Ltd is likely to have a little over 1,300 MW capacity ready for generation in the next two months. The construction of the first 525-MW unit of Maithon Power Ltd (MPL) would be completed next week. MPL is a 74:26 joint venture between Tata Power and Damodar Valley Corporation (DVC). The project is located on the border of Bengal and Jharkhand.

The project was due to be commissioned in the current quarter. The entire 1,050-MW ( 2 X 525 MW) project is expected to be on stream in July-August 2011.DVC will get 300 MW as its share from the project, followed by state utilities of West Bengal (150 MW) and Punjab (300 MW).

The implementation of the first 800-MW unit of Mundra ultra mega power plant (UMPP) is progressing ahead of schedule and the construction of the generation unit may be over in May 2011.The 4,000-MW (5 X 800 MW) project is being implemented by Coastal Gujarat Power Ltd, Tata Power's wholly owned subsidiary. Tata Power and its joint ventures currently have a combined generation capacity of approximately 2,800 MW.