Tata Power vows to exit coal by 2050

Tata Power says it will use hybrid technologies, floating solar, battery storage, and green hydrogen to scale back its use of thermal power.
Image: Tata Power

From pv magazine India

Praveer Sinha, the CEO and managing director of India’s Tata Power, has unveiled ambitious plans to transform the energy company’s generation portfolio toward “clean and green” sources, in order to reach carbon neutrality before 2050.

Tata Power’s generation mix is dominated by coal-based thermal power capacity, even as it makes impressive gains in expanding its renewables assets. As of March 31, it had a total power generation capacity of 12,808 MW. Thermal accounts for 69% at 8,859 MW, followed by 1,762 MW of solar, 932 MW of wind, 880 MW of hydro and 375 MW of blast-furnace gas waste-heat recovery capacity.

To switch to clean energy, the company will avoid developing new coal-based capacity and will not acquire coal-based stressed assets. Its existing thermal fleet will be retired upon the end of plant life or the expiry of power purchase agreements, Tata Power has said.

As a staging post to net zero, the company intends to have 80% of its generation assets ‘clean and green’ this decade, up from 31% at the end of March, with Tata considering its gas-related waste heat capacity under that definition.

The Mumbai-based electric utility – part of the Tata Group – said it will add 2 GW of solar and hybrid-technology capacity every year to hit 25 GW within this decade, up from 4 GW three months ago. Microgrids will be an important part of the strategy, with Tata having commissioned 161 of them to date.

The company also plans to develop a portfolio of renewables technologies, including hybrid clean energy plants, offshore wind, floating solar, and hydrogen fuel. In addition, it has said that it will strengthen its battery storage partnerships.

Tata Power’s current renewables activity encompasses utility and rooftop solar EPC services, floating solar, microgrids, and hybrid systems. It also makes solar products such as pumps, modules and cells, and reverse-osmosis water purification devices.

Its Tata Power Solar Systems unit is India’s largest utility-scale solar EPC service provider. It has a presence in 11 Indian states and an order book of more than 2.8 GW.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: [email protected].

Written by

Comments

Tata Power wants to break up with coal and investors love it – Investors News
Sep 30, 2021

[…] company had reportedly unveiled its plans to transform the energy company’s generation portfolio toward clean and green […]

India X Cleantech — August 2021 – The Daily Update
Aug 17, 2021

[…] 69% of Tata Power’s generation capacity is based on coal. The company has announced plans to increase the share of clean and renewable energy technology to 80% by 2030. The company also […]

India X Cleantech — August 2021 – Early Bird Alert
Aug 17, 2021

[…] 69% of Tata Power’s generation capacity is based on coal. The company has announced plans to increase the share of clean and renewable energy technology to 80% by 2030. The company also […]

India X Cleantech — August 2021 – Income Stocks Daily
Aug 17, 2021

[…] 69% of Tata Power’s generation capacity is based on coal. The company has announced plans to increase the share of clean and renewable energy technology to 80% by 2030. The company also […]

India X Cleantech — August 2021 – Simply Go Wireless
Aug 17, 2021

[…] 69% of Tata Power’s generation capacity is based on coal. The company has announced plans to increase the share of clean and renewable energy technology to 80% by 2030. The company also […]

India X Cleantech — August 2021 – Internationall News Updates
Aug 17, 2021

[…] 69% of Tata Power’s generation capacity is based on coal. The company has announced plans to increase the share of clean and renewable energy technology to 80% by 2030. The company also […]

India X Cleantech — August 2021 – Informers News
Aug 17, 2021

[…] 69% of Tata Power’s generation capacity is based on coal. The company has announced plans to increase the share of clean and renewable energy technology to 80% by 2030. The company also […]

India X Cleantech — August 2021 – My Trips Advisor
Aug 17, 2021

[…] 69% of Tata Power’s generation capacity is based on coal. The company has announced plans to increase the share of clean and renewable energy technology to 80% by 2030. The company also […]

India X Cleantech — August 2021 – Thrive Daily Digest
Aug 17, 2021

[…] 69% of Tata Power’s generation capacity is based on coal. The company has announced plans to increase the share of clean and renewable energy technology to 80% by 2030. The company also […]

India X Cleantech — August 2021 – Lombard Letter
Aug 17, 2021

[…] 69% of Tata Power’s generation capacity is based on coal. The company has announced plans to increase the share of clean and renewable energy technology to 80% by 2030. The company also […]

India X Cleantech — August 2021 – Brief Briefing
Aug 17, 2021

[…] 69% of Tata Power’s generation capacity is based on coal. The company has announced plans to increase the share of clean and renewable energy technology to 80% by 2030. The company also […]

India X Cleantech — August 2021 – Greenly Power
Aug 17, 2021

[…] Currently, 69% of Tata Power’s generation capacity is based on coal. The company has announced plans to increase the share of clean and renewable energy technology to 80% by 2030. The company also […]

India X Cleantech – August 2021 – Membership Content – CleanTechnica Pro
Aug 17, 2021

[…] Currently, 69% of Tata Power’s generation capacity is based on coal. The company has announced plans to increase the share of clean and renewable energy technology to 80% by 2030. The company also […]

Tata Power Throws Its Weight Behind Renewable Energy – Clean Future
Jul 13, 2021

[…] company has announced plans to increase the share of clean and renewable energy technology to 80% by 2030. The company also […]

India’s Tata Power To Focus On Renewable Energy, Add 15 Gigawatts Of Capacity – Travel Minders
Jul 11, 2021

[…] largest thermal power plant at Mundra with 4 gigawatts capacity. The company has announced plans to increase the share of clean and renewable energy technology to 80% by 2030. The company also […]

India’s Tata Power To Focus On Renewable Energy, Add 15 Gigawatts Of Capacity – Informers News
Jul 11, 2021

[…] largest thermal power plant at Mundra with 4 gigawatts capacity. The company has announced plans to increase the share of clean and renewable energy technology to 80% by 2030. The company also […]

India’s Tata Power To Focus On Renewable Energy, Add 15 Gigawatts Of Capacity – Free Stuff Guru
Jul 11, 2021

[…] largest thermal power plant at Mundra with 4 gigawatts capacity. The company has announced plans to increase the share of clean and renewable energy technology to 80% by 2030. The company also […]

India’s Tata Power To Focus On Renewable Energy, Add 15 Gigawatts Of Capacity – Thrive Daily Digest
Jul 11, 2021

[…] largest thermal power plant at Mundra with 4 gigawatts capacity. The company has announced plans to increase the share of clean and renewable energy technology to 80% by 2030. The company also […]

India’s Tata Power To Focus On Renewable Energy, Add 15 Gigawatts Of Capacity – Brief Briefing
Jul 11, 2021

[…] largest thermal power plant at Mundra with 4 gigawatts capacity. The company has announced plans to increase the share of clean and renewable energy technology to 80% by 2030. The company also […]

India’s Tata Power To Focus On Renewable Energy, Add 15 Gigawatts Of Capacity – greenenergyvids.com
Jul 10, 2021

[…] largest thermal power plant at Mundra with 4 gigawatts capacity. The company has announced plans to increase the share of clean and renewable energy technology to 80% by 2030. The company also […]

India’s Tata Power To Focus On Renewable Energy, Add 15 Gigawatts Of Capacity – Simply Go Wireless
Jul 09, 2021

[…] largest thermal power plant at Mundra with 4 gigawatts capacity. The company has announced plans to increase the share of clean and renewable energy technology to 80% by 2030. The company also […]

India's Tata Power To Focus On Renewable Energy, Add 15 Gigawatts Of Capacity –
Jul 09, 2021

[…] largest thermal power plant at Mundra with 4 gigawatts capacity. The company has announced plans to increase the share of clean and renewable energy technology to 80% by 2030. The company also […]

India’s Tata Power To Focus On Renewable Energy, Add 15 Gigawatts Of Capacity – greenlypower
Jul 09, 2021

[…] largest thermal power plant at Mundra with 4 gigawatts capacity. The company has announced plans to increase the share of clean and renewable energy technology to 80% by 2030. The company also […]

India's Tata Power To Focus On Renewable Energy, Add 15 Gigawatts Of Capacity | Business, Energy, Science and Technology News
Jul 09, 2021

[…] largest thermal power plant at Mundra with 4 gigawatts capacity. The company has announced plans to increase the share of clean and renewable energy technology to 80% by 2030. The company also […]

India’s Tata Power To Focus On Renewable Energy, Add 15 Gigawatts Of Capacity – drawn.newsweepstakes.xyz
Jul 09, 2021

[…] largest thermal power plant at Mundra with 4 gigawatts capacity. The company has announced plans to increase the share of clean and renewable energy technology to 80% by 2030. The company also […]

India’s Tata Power To Focus On Renewable Energy, Add 15 Gigawatts Of Capacity |
Jul 09, 2021

[…] largest thermal power plant at Mundra with 4 gigawatts capacity. The company has announced plans to increase the share of clean and renewable energy technology to 80% by 2030. The company also […]