Tag Archives: Tata Power

Tata Power developing 160 MW wind projects in India

Augmenting its renewable energy portfolio, Tata Power is developing wind projects having total generation capacity of over 160 MW in the country.

The private power producer already has an installed wind energy generation capacity of 398 MW with projects across Maharashtra, Rajasthan, Gujarat, Tamil Nadu and Karnataka.

“Tata Power is developing wind power projects of over 160 MW in India,” Tata Power Managing Director Anil Sardana said in a statement today.

Besides wind, the company has presence in solar power generation and is also implementing hydro projects.

Meanwhile, the company saw its electricity generation from wind projects rose 43 per cent to 813 Million Units in the year ended March 2013. The same stood at 569 MUs in the previous twelve months.

This growth is mainly attributed to the Agaswadi wind farms which had an increased generation of 85 MUs and Poolavadi with 140 MUs, according to the statement.

“We are proud to have increased our wind generation capacity by a record of 43 per cent, which proves our commitment towards to generating 20-25 per cent of our total generation capacity from clean energy sources,” Sardana said.

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Tata Power Solar completes 10 MW solar power plant in Karnataka, India

Tata Power Solar has successfully commissioned a 10 MW solar PV plant in Karnataka, India – just four months after initially breaking ground on the project.

The plant comprises 48,000 crystalline modules and is spread over a 52-acre site on non-agricultural land in the Karnataka state of India. It has an estimated annual output of 18 million kWH, and is owned by Jindal Aluminium Ltd (JAL), a Chitradurga-based company that specializes in the manufacture of aluminium products.

JAL first turned to renewable energy last year when it commissioned a 12.04 MW wind farm. This solar plant is the company’s inaugural foray into the PV market and marks a strong signal of intent for the state – which is currently beset by a huge power deficit – to turn towards renewable power.

“Jindal Aluminium strongly believes in the role of renewable energy to solve the energy deficit in Karnataka and hence adopted solar as one of the solutions,” said JAL company secretary, Ajay Aggarwal. “We are glad to partner with Tata Power Solar for setting up this grid-connected solar power plant. The project was not only completed within a scheduled time frame but was also professionally executed with high quality.

“With the high energy performance ratio achieved in its initial phase of operation, our association with Tata would only grow stronger in our future projects.”

Karnataka’s energy deficit currently stands at 17.8%, according to India’s Central Electricity Authority (CEA). The state has been set a target by energy regulators to source 0.25% of its power requirements from solar energy for next year. Although a modest target, it is indicative of the growing appetite for solar power in the state, and India as a whole.

Read more: http://www.pv-magazine.com/news/details/beitrag/tata-power-solar-completes-10-mw-solar-power-plant-in-karnataka–india_100013190/#ixzz2ibs5UcZc

Tata Power Signs SPA To Acquire 39.2 MW Wind Farm In Gujarat

India’s largest integrated power company Tata Power Co. Ltd. said its subsidiary Tata Power Renewable Energy Ltd. (TPREL) had signed a Share Purchase agreement (SPA) for acquisition of 100 percent shareholding in AES Saurashtra Windfarms Pvt. Ltd. (ASW), a subsidiary of AES Corporation based out of the US.

The acquisition is subject to certain conditions, which are expected to be addressed in a few months time, the company said.

ASW owns and operates a 39.2 MW wind farm near Dwarka in Jamnagar district of Gujarat. The project which is fully operational since January 2012 has executed a Power Purchase Agreement with Gujarat Urja Vikas Nigam Ltd. for sale of the electricity at a tariff of Rs.3.56/kWh for the duration of the project. The project is registered with United Nations Framework Convention on Climate Change (UNFCCC) as a Clean Development Mechanism (CDM) project and is eligible to receive CERs. The project is also registered under the Generation Based Incentive scheme of MNRE.

With this acquisition, Tata Power’s total generation capacity will increase to 8,560 MW and its Wind Operational Generation capacity to 437 MW with WTGs located across five states Maharashtra, Rajasthan, Gujarat, Tamil Nadu and Karnataka, which are the leading states in promoting wind power generation in India.

Speaking on achieving this milestone, Tata Power Managing Director Anil Sardana said, “Tata Power is committed to generating 20-25 percent of its total generation capacity from clean energy sources and is proud to have signed this SPA to acquire 39.2 MW operational wind farm. The project is a clean energy project, which will enhance and increase company’s clean energy footprint. This our second acquisition of an operating wind asset and we are in constant look out for similar opportunities in respect of wind and solar plants. This is yet another stop towards the company’s commitment to sustainability.”

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Mumbai: Regulator rejects Tata Power’s demand, no hike in bills

The Maharashtra Electricity Regulatory Commission (MERC) has turned down Tata Power’s demand for permission to use a 40-megawatt generation unit at Lodhivali in Khopoli for standby power for Mumbai.

This decision is likely to spare consumers higher electricity bills as a result of buying power at a higher rate to ensure uninterrupted supply.

In addition to the existing system, which ensures extra supply of 500MW for the city in case of outages, Tata Power had asked to be allowed to use a 40MW standby support exclusively for itself and island city supplier BEST, to which it sells electricity.

The company had said that this standby was essential to avoid load-shedding in Mumbai in case any of the contracted generating units fail to supply adequate quantum of power to meet the city’s growing needs.

To ensure uninterrupted power supply in case of emergency, state company Mahavitaran is contracted to supply up to 500MW to all companies. Other than this, Tata and BEST are contracted to get 2,000MW daily.

Reliance gets another 800MW to 1,000MW to the city.

The Lodhivali unit could be brought on line quickly and could generate its maximum output in about 15 minutes, the firm said.

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IBM and Tata Power Delhi Distribution Collaborate to Accelerate Smart Grid Deployment in India

 Smart solution to boost operational efficiency, reduce technical and commercial losses, manage demand and enhance customer satisfaction

IBM (NYSE: IBM) today announced that it has been selected by Tata Power Delhi Distribution to conceptualize, design and deliver an Advanced Smart Grid solution that will collect and analyze real-time information from smart meters and data from the communication and management infrastructure. This will enable Tata Power Delhi Distribution to better manage energy output and further reduce outages.

As a joint venture between Tata Power and the Delhi Government, Tata Power Delhi Distribution sought a solution that would enhance the reliability and efficiency of energy distribution across the Northern and North western part of Delhi. Additionally, the solution would also help empower its over 1.3 million electric consumers to manage their own energy usage.

“TPDDL is committed to accelerate the smart grid deployment which will give customers more visibility and control in managing their energy usage and transform the electric network into a robust, secure and intelligent system. This is an important milestone for the energy distribution in India as we intensify our efforts to empower consumers and provide them choices of usage of their electrical appliances and manage their load efficiently.” said Praveer Sinha, Chief Executive Officer and Executive Director, Tata Power Delhi Distribution.

In India, aggregated technical and commercial losses that occur due to electricity transmission and energy theft are estimated at about 26.4 per cent on a national average. The Government of India has launched the Restructured-Accelerated Power Development and Reforms Program (R-APDRP) with the aim to reduce these losses in the country and to improve the power distribution sector of state utilities, during 11th Five-Year Plan period, 2007-2012. The Five-Year Plans are centralized and integrated national economic programs.

As a part of its smart grid initiative, Tata Power Delhi Distribution will collaborate with IBM to develop an advanced metering infrastructure and demand response pilot program that will automate and regulate supply of electricity to consumers in sync with the fluctuating demand.

This project will help add a layer of digital intelligence to the grid and ensure reliability when the demand rises exponentially and the supply falls due to heavy consumption. In addition, this will provide customer service improvements including new digital meters, enhanced self-service options and access to a customer portal to manage energy use.

“In the near future, utilities will look to integrate insights into their traditional grid operation solutions and also into customer, energy management and environmental domains,” said Rahul Sharma, Executive Director and Partner, Global Business Services, IBM India & South Asia. “The advanced meter management solution builds real-time intelligence into the system, integrating information into business and operations systems quickly and easily.”

IBM will support Tata Power Delhi Distribution to create system architecture, ensure adherence to international smart grid standards, optimize business process and incorporate dynamic business analytics function to offer actionable insights. In addition, Tata Power Delhi Distribution will leverage IBM expertise to integrate new advanced metering, meter data management, and demand response systems with existing applications including customer and geographic information systems.

An Advanced Infrastructure based demand response is a complex exercise and has not been done in India before, and this engagement is the first step in creating an end-to-end intelligent utility system to manage generation short fall by peak shaving of actual load. Peak shaving is a technique that is used to reduce electrical power consumption during periods of maximum demand on the power utility and enable consumer to redistribute loads to different period of the day, thus saving substantial amounts of money due to peaking charges.

When complete, the multi-phased engagement is expected to enhance the relationship between Tata Power Delhi Distribution and it’s consumers thereby enabling more efficient consumption of electricity

IBM is involved in more than 150 Smart Grid engagements in mature and emerging markets.

Tata Power to develop 28.8 MW solar power project

 Tata Power Company (TPC), through its wholly-owned subsidiary Tata Power Renewable Energy Limited (TPREL), is developing one of its largest photovoltaic based solar power plants with an installed capacity of 28.8 MW in the Satara district in Maharashtra. 

The plant will be spread over 130 acres of land. The latest state of the art technology in photovoltaic based solar generation will be utilized for the plant, a spokesperson said. 

Tata Power-Distribution, the distribution arm of Tata Power, has signed a power purchase agreement (PPA) for 25 years in order to purchase power from this solar plant, thereby meeting its solar renewable purchase obligations. 

The power generated will be routed through Maharashtra State Electricity Transmission Limited (MSETCL)’s network. Speaking on the initiative, TPC managing director Anil Sardana said, “Tata Power is committed to generating 20-25 % of its total generation capacity from clean energy sources and is proud to be developing one of the largest solar projects in the country. TPC strives to reduce its carbon footprint.”

Source: TOI

Tata Power signs an MoU with EESL for energy conservation

Tata Power, India’s largest integrated power utility, has signed an operating memorandum of understanding (MOU) with Energy Efficiency Services Ltd (EESL), a joint venture of Public Sector Units under the Ministry of Power, to carry out collaborative activities and partnerships in the field of Energy Efficiency and Demand Side Management (DSM).

The MoU commences from August 26, 2013 and will remain in force till August 25, 2016. The MOU provides overarching framework and strategy for collaborative activities and partnership for energy efficiency and conservation. This initiative is to implement energy efficiency projects for large Heating, Ventilation and Air-conditioning (HVAC) consumers and also to promote the replacement of R22 based chillers with new environment friendly and energy efficient chillers. EESL is mandated by GOI to be the lead implementing arm of the government to create and sustain markets for energy efficiency. EESL acts as a super ESCO and to help in financing and developing large energy efficiency projects. Possible GEF grant to replace chillers using R22 technologies would form a part of a suite of projects that will be planned. The proposed activity will target high-end HVAC users to demonstrate efficiency implementation.

“We are proud to announce our association with EESL and look forward to working with them on driving energy conservation and efficiency to our customers. The concept of energy efficiency and demand side management are integral to Tata Power’s commitment on Sustainability,” Anil Sardana, Managing Director, Tata Power stated. He further added, “The Company is doing its utmost in offering consumers bouquet of choices by way of various energy saving schemes and opportunities to provoke a culture of conservation of scarce resource including energy. Following this association, Tata Power will approach consumers duly supported by EESL and facilitate successful energy efficiency projects.”

On September 16, 2013, EESL and Tata Power had arranged a focused group discussion with high-end HVAC consumers in Mumbai where the consumers expressed that EESL & Tata Power together would add lot of value to carry out large energy efficiency projects at their premises.

Saurabh Kumar, Managing Director of EESL said, “The partnership with Tata Power is the first of its kind that EESL has inked with a Distribution & Power company. This will not only lead to mainstreaming of energy efficiency in the service area of Tata Power, but would also serve as a model for other DISCOMs as well.”

(Press Release)


Tata Power seeks diversion of surplus coal from Mandakini mine

Tata Power, the country’s largest private electricity generator, has sought approval for a plan to divert surplus coal from one plant to another. Tata Power is seeking to divert coal from its Mandakini captive mine in Odisha to a 1,050 MW Maithon project in Jharkhand, which it operates in partnership with Damodar Valley Corporation, the utility said in a letter to Planning Commission (Member) B K Chaturvedi. “Surplus coal from Mandakini coal mine can be allotted to our Maithon thermal power project as it faces coal shortage, otherwise Maithon will have to resort to imports,” it said. The company said the Mandakini coal block in Angul district of Odisha is scheduled to start production before the associated 660 MW Naraj Marthapur plant is commissioned. “The Mandakini captive coal block has been jointly allotted to us along with Monnet Ispat & Energy and Jindal PhotoBSE 11.76 % with equal share in coal output,” the company said.
Tata Power said that it would prefer that the surplus coal from Mandakini be diverted to the Maithon plant as a stop-gap arrangement.

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Gujarat may accept hike in tariff for power from Mundra plant

Gujarat on Tuesday indicated it is open to Tata Power Co. Ltd increasing tariff on electricity generated from its plant at Mundra, but other states are yet to confirm their willingness to pay more.

This comes in the backdrop of a panel headed by Deepak Parekh recommending an increase in tariff.
“We will try to accommodate (Tata Power’s request to increase the tariff). There is large capital at stake,” Gujarat’s energy minister Saurabh Patel said in New Delhi on a visit to attend the seventh conference of state power ministers. “This may involve everyone including banks and states taking a haircut.”
Tata Power had approached the Central Electricity Regulatory Commission (CERC) to consider allowing an increase in tariff for electricity generated from its 4,000 megawatt (MW) ultra mega power project (UMPP) at Mundra in Gujarat after customers refused to pay higher charges. It sought the increase to compensate for the rising price of the imported coal it depends on to fuel the plant.
The power sector regulator in April offered to allow Tata Power a variable compensatory tariff till the fuel situation stabilized, as well as a bailout package in a repeat of its earlier judgement on a similar petition by Adani Power Ltd for a tariff hike. It appointed the Deepak Parekh committee to suggest revised tariff for both the companies. “Our interaction with stakeholders suggest that the Committee formed to suggest a ‘compensatory tariff’ for Mundra UMPP project, based on the CERC’s judgment in April, has effectively suggested the pass-through of entire fuel cost (Rs.0.59/kwh for FY14),” Credit Suisse India Research said in a 10 September report on Tata Power. Tata Power’s special purpose vehicle, Coastal Gujarat Power Ltd (CGPL), had signed agreements to sell electricity generated from the Mundra plant to Gujarat, Maharashtra, Haryana, Punjab and Rajasthan at Rs.2.26 per unit.
Source: Livemint.com

S&P downgrades Tata Power, raises concerns over debt repayment ability

Rating agency Standard & Poor’s has downgraded Tata Power Company Ltd’s long term corporate credit rating on concerns over muted cash flows, and has raised concerns over is ability to repay debt of $670 million due in the next 18 months.

“We assess Tata Power’s liquidity as less-than-adequate as our criteria define the term. Tata Power’s weak consolidated cash flows are likely to weaken its ability to pay maturing debt over the next 18 months,” S&P said in a statement.

Tata Power has debt totalling $670 million maturing in phases in April 2014, July 2014, November 2014, and April 2015. “We believe the company might undertake measures to meet its funding requirements,” the rating agency said.

S&P lowered Tata Power’s rating to ‘B+’ from ‘BB-’, and said it has a “negative” outlook on the company. The rating agency also lowered rating of Tata Power’s outstanding senior unsecured notes due 2017 to ‘B+’ from ‘BB-’.


Source: ET



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