Tata Power has reached a total energy generation capacity of 15.73 GW, while it has a 9.94 GW capacity under construction, the company said in its annual report released on Wednesday. The company is betting big on renewable energy, and it has added 1 GW of renewable energy capacity.
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Here are 4 key highlights from the company’s annual report.
Tata Power: Capacity expansion
Tata Power’s total energy capacity increased by 6.9 percent in a year. Last year, the total power generation capacity of the company was 14,707 MW, which has increased to 15,733 MW.
The company’s operational transmission line capacity increased to 4,633 Ckm from 4,626 Ckm. Furthermore, the distribution customer base of the company has increased to 12.8 million from 12.5 million in a year.
Tata Power: Renewable energy push in FY25
Tata Power is pushing its renewable energy production capacity. In a single year, the company has added 1 GW of renewable energy capacity. The company’s total renewable energy capacity has reached 6873 MW.
Of the total capacity of Tata Power, 44 per cent comes from clean energy sources. It includes 1.03 GW of wind energy, 4.5 GW of solar energy, and 880 MW of hydro energy.
Tata Power: Big deals in FY25
Tata Power commissioned a 4.3 GW cell and a 4.3 GW module manufacturing facility in Tirunelveli, Tamil Nadu. The company also signed an MoU with the Asian Development Bank for $ 4.25 billion to finance clean and green energy projects.
Furthermore, it has partnered with Bhutan’s Druk Green Power Corporation to develop 5 GW of clean and green energy projects.
Tata Power: Employee addition
In terms of new hiring, Tata Power’s total employee count reached 23,668 in FY25. The company said that its total employee training hours stood at 7.33 lakh hours. The company spent Rs 77.97 crore as part of its Corporate Social Responsibility programs
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