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Tata Power
Type Public
Traded as BSE500400
BSE SENSEX Constituent
Industry Electric utility
Founded 1911
Founder(s) Dorabji Tata
Headquarters Mumbai, Maharastra, India
Key people Cyrus Pallonji Mistry
(Chairman)
Products electrical power
natural gas
Services Electricity generation and distribution
natural gas exploration, production, transportation and distribution
Revenue IncreaseINR194.5076 billion (US$3.6 billion) (2011)[1]
Net income Increase INR21.4753 billion (US$390 million)(2009-2010)[1]
Employees 3,809 (2010)
Parent Tata Group
Website www.tatapower.com

Tata Power (BSE500400) is an Indian electric utility company based in Mumbai, Maharastra, India.[2] with an installed generation capacity of over 7700 MW.[3] On the 22 March 2011 it has announced partnership with Sunengy, to build India's first floating solar plant.[4]

Contents

History [edit]

The firm started as the Tata Hydroelectric Power Supply Company in 1911, which amalgamated with the Andhra Valley Power Supply Company in 1916; it commissioned India’s first[citation needed] large hydro-electric project in 1915 in Bhivpuri and Khopoli, Karjat. Today the company is India’s largest[citation needed] private sector electricity generating company with an installed generation capacity of over 7700 MW. It has a presence in thermal, hydro, solar and wind areas of fuel & logistics, power generation, transmission, distribution and retail.

Operations [edit]

The thermal power stations of the company are located at Trombay in Mumbai, Mundra in Gujarat, Jojobera and Maithon in Jharkhand, Haldia in West Bengal and Belgaum in Karnataka. The hydro stations are located in the Western Ghats of Maharashtra and the wind farms in Ahmednagar, Supa, Khanke, Brahmanwel, Gadag, Samana and Visapur.[citation needed]. The company installed India’s first 500 MW unit at Trombay, the first 150 MW pumped storage unit at Bhira, and a flue gas desulphurization plant for pollution control at Trombay. It has generation capacities in the States of Jharkhand and Karnataka , and a distribution company in Delhi, servicing over three million consumers spread over 510 km2 in the North Delhi area. The peak load in this area is about 1,259 MW, with energy consumption of over 6,900 MUs.[citation needed] TATA Power announced on 24 July 2012, commissioning of the second unit of 525 MW capacity of the Maithon mega thermal project in Dhanbad. The first unit of identical capacity was commissioned in September 2011. [5]

International operations [edit]

The company has executed overseas projects in the Middle East, Africa and South East Asia including the Jebel Ali ‘G’ station (4 x 100 MW + desalination plant) in Dubai, Al-Khobar II (5 x 150 MW + desalination plant) and Jeddah III (4 x 64 MW + desalination plant) in Saudi Arabia, Shuwaikh (5 x 50 MW) in Kuwait, EHV substations in UAE and Algeria, and power plant operation and maintenance contracts in Iran and Saudi Arabia.

Strategic Electronics Division [edit]

The firm's Strategic Electronics Division (SED) has engaged in defence systems and engineering for over four decades. It works with the MoD and laboratories to provide products and solutions for the defence requirements of the country.

It has already cleared the Joint Receipt Inspection (JRI) for the first two lots of Pinaka launchers and command posts; the third and fourth lots have successfully undergone factory acceptance tests.[citation needed] It has recorded significant success in the offsets opportunity with five orders worth about INR130 million from IAI, Israel. Phased deliveries have already started.[citation needed] Phase II of Bengaluru factory upgrade is underway.[citation needed]

Future projects [edit]

Tata Power has entered into a 51:49 joint venture with PowerGrid Corporation of India for the 1200 km Tala transmission project, India’s first transmission project executed with public-private partnership financing.[6]

The company has won a contract for building 4000 MW power plant at Mundra. For the first time in India[citation needed], a 4000MW power plant is being built in one single large construction project; all earlier large projects have involved stage construction.[7]

The company has also entered into a 74:26 joint venture with Damodar Valley Corporation for building a 1050 MW coal based thermal power plant at Maithon in Dhanbad district of Jharkhand, into a 74:26 joint venture with Tata Steel Limited for setting up of power plants to meet the captive requirements of Tata Steel. It has commissioned 120MW power plant in Jojobera in 2009 and in the process of commissioning another 120 MW.[7]

Tata Power has announced its partnership with Sunengy an Australian firm to build India's first floating solar plant based on Liquid Solar Array technology.[8]

See also [edit]

External links [edit]

References [edit]


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1357 news items

 
4-traders (press release)
Mon, 20 May 2013 22:50:15 -0700

Tata Power, India's largest integrated power utility, has continuously endeavoured to spread the message of resource conservation. In continuation with this philosophy, Tata Power's Jojobera team installed a Rain Water Harvesting structure in the ...

Business Standard

Bloomberg
Wed, 15 May 2013 21:10:35 -0700

Tata Power Co. (TPWR), the utility business of India's largest business group, is considering an initial public offering of its clean-energy unit next financial year. The utility plans to increase wind and solar power capacity at Tata Power Renewable ...
 
indiablooms
Mon, 20 May 2013 02:59:24 -0700

Pune, May 20 (IBNS) Tata Power, India's largest integrated power company, in partnership with Tata Power Community Development Trust and Bosch, provided solar power to Thokarvadi and Kadak Rai villages in Maval Taluka of Maharashtra's Pune district.
 
Zee News
Wed, 15 May 2013 04:15:22 -0700

Jamshedpur: A fire broke out in the coal conveyor system of Tata Power's Jojobera power station here Wednesday morning but did not affect generation or injure anybody. Company sources said the fire broke out at around 8.45 am in the coal handling plant ...

Moneycontrol.com

Moneycontrol.com
Tue, 14 May 2013 23:04:36 -0700

In 2011, the Maharashtra Electricity Regulatory Commission (MERC) allowed recovery of cross subsidy surcharge from high-end customers who have shifted to Tata Power's distribution services. MERC's directive was in response to RInfra's allegations that ...
 
Financial Express
Thu, 16 May 2013 16:59:10 -0700

Tata Power plans to scale back major investments, over the next two years, as it looks to reduce debt, a company official told FE. In the last five years, Tata Power has invested heavily to expand power generation, but has been hit by a change in laws ...
 
Civil Georgia
Mon, 13 May 2013 05:28:05 -0700

Tata Power, India's largest integrated private power utility, Norway-based Clean Energy Invest AS and IFC InfraVentures signed an agreement last week to develop hydro power projects in Georgia's Black Sea region of Adjara with an aggregate capacity of ...

Moneycontrol.com

Moneycontrol.com
Mon, 13 May 2013 23:26:03 -0700

Short Tata Power Company: Sukhani. One can short Tata Power Company, says Sudarshan Sukhani of s2analytics.com. At Rs 93, the stock is on the verge of a breakdown and if it breaks down, the eventual intermediate target could be Rs 75, he adds.
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