CGPL generates 23,928 MUs and Maithon Power Ltd (MPL) generates 6,328 MUs in FY14
Tata Power, India’s largest integrated power company, recently announced generating 23,928 MUs at Coastal Gujarat Power Limited (CGPL) and 6328 MUs at Maithon Power Limited (MPL). In FY14, CGPL generated 23,928 MUs as compared to 12,440 MUs in FY13, whereas MPL recorded 6,328 MUs as compared to 4,588 MUs in FY13. Both CGPL and MPL generation capacities in FY14 increased by 92 per cent and 38 per cent as compared to FY13 respectively.
For the Quarter ended 31st March 2014, generation of CGPL increased from 6,039 MUs in Q4 FY13 as compared 6,800 MUs in Q4 FY14 whereas Maithon Power Plant generation capacity increased from 1,514 MUs in Q4 FY13 as compared to 1, 653 MUs in Q4 FY14. Both CGPL and MPL generation capacity in Q4 FY14 increased by 13 per cent and 9 per cent respectively.
With a strong business presence across the power value chain the company has an installed gross generation capacity of 8560 MW. The Company is also one of the largest renewable energy players in the country with significant capacity in wind and solar. The Company has continued to demonstrate robust operations with a substantial contribution by the CGPL and MPL through achieving full operations. The Company aims to generate 18000 MW and 4000 MW of distribution and secure 50 MTPA of fuel resources by 2022.
CGPL is the wholly owned subsidiary of Tata Power and has successfully developed India's first operational 4000 MW Mundra UMPP currently catering to 2 per cent of India's total power needs. The project is among world's largest Greenfield Thermal Generation Project and is most efficient and fully operational thermal power plant of the country today. CGPL supplies power to five states namely Gujarat, Rajasthan, Haryana, Punjab and Maharashtra in the country.
MPL, the 74:26 Joint Venture between Tata Power and Damodar Valley Corporation (DVC) has a total capacity of 1050 MW. It is the first successful public-private partnership in green field generation project in the country.
Speaking on the development Mr. Anil Sardana, Managing Director, Tata Power, stated, “We at Tata Power aim to generate 18000 MW by 2022. All our generating units have performed well. It gives us great pride to be the largest integrated power company in India. We will continue in our endeavors to further strengthen our operations and optimally utilise our resources to achieve the set targets”.
Tata Power Mundra UMPP was completed in a record time of 1 year from the date of commissioning of the first 800 MW Unit in March 2012. An 800 MW supercritical and environment friendly boiler technology has been also deployed at the plant. The boiler technology enables saving fuel and cut down the greenhouse gas emissions as compared to regular coal-fired power stations.
MPL has signed the Power Purchase Agreements and power evacuation arrangement has been put in place by Power Grid Corporation of India Limited. In addition to supplying power to DVC, power from MPL will be exported to power deficit northern states of India.
SOURCE: Tata Power