Tatas may invest Rs 13k cr on wind, solar power by 2017

Aiming to produce 25 per cent power from green sources by 2017, Tata Power

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plans to increase its wind and solar energy generation capacity to 2,000 MW and 250 MW respectively, which could entail an investment of over Rs 13,000 crore.

"The company is looking for viable locations in Gujarat, Maharashtra, Karnataka and Tamil Nadu. By 2017, it expects to generate 2,000 MW of wind energy," Tata Power Executive Director Banmali Agrawala said in Tata Review, an in-house magazine.

Tata Power has two wind power generation projects each in Maharashtra and Gujarat and one in Karnataka with a cumulative capacity of 195 MW. An additional 100-MW plant is under construction in Gujarat.

The company, the largest private sector thermal power generator in the country, also plans to its increase solar energy capacity to 250 MW by 2017.

According to industry thumb-rule, a company requires to invest Rs 6 crore and Rs 10 crore for generating a mega watt of wind and solar power, respectively.

The total installed capacity of Tata Power is 2,971 MW, of which 1,838 MW is coal-based. It is executing projects totalling 5,470 MW that includes the 4,000 MW ultra mega power project (UMPP) at Mundra in Gujarat. The first 800-MW unit of the UMPP is likely to go on stream by the end of 2012.

The thermal power stations of the company are located at Trombay in Mumbai, Jojobera in Jamshedpur and Belgaum in Karnataka. Its hydel power stations are located at Raigad and a wind farm at Ahmednagar in Maharashtra.

Tata Power would also develop 2,000 MW hydel projects in India and Nepal and has tied up with Norway-based S N Power for the same. It has 447 MW hydro-power generation capacity now.

The total installed power generation capacity of the country stands at above 1,50,000 MW at present.

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