Tata Power’s Generation crosses 51,000 MUs for the first time in FY17
Tata Power, India’s largest integrated power company, announced that the Company’s generation crossed 51,000 Million Units (MUs) of power for the first time, collectively from all its power plants in the year 2016-2017. The Company also reported a significant increase in generation of 15.2%, with the total power generation capacity of Tata Power in India standing at 10,577 MW from various fuel sources such as thermal, hydroelectric power, renewable energy (wind and solar PV) and waste heat recovery, thereby reinforcing its position as the largest integrated power company in India.
The Company also has a significant presence in the clean energy space with a gross installed capacity of 3,141 MW. In FY ’17, Tata Power’s total customer base crossed the 2.6 million mark, as Mumbai Distribution’s consumer base crossed 6,70,000 customers with over 1 lakh consumers on Tata Power’s wires. For more than a decade now, Tata Power has been offering affordable power tariff across most consumer categories and the remarkable increase in the company’s customer base is evidence of the same. AT&C losses at Delhi (TPDDL) are expected to be 8.60% for FY17, one of the lowest in the country, as against DERC target of 10.50%.