Tata Power Plans 28.8 Megawatt Solar Power Plant in India

Tata Power Co. (TPWR), the generation business of India’s largest industrial group, will double its solar power capacity this year to about 60 megawatts after completing its biggest project to date.

The company expects to finish a 28.8-megawatt photovoltaic plant in Satara, Maharashtra state by December that will help it comply with government-mandated renewable energy targets, it said in a statement today on its website.

Tata Power plans to add 50 megawatts of solar capacity every year, according to the statement. It has 30 megawatts in operation, including a 25-megawatt plant in Mithapur, Gujarat state.

To contact the reporter on this story: Natalie Obiko Pearson in Mumbai at npearson7@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.