
• YTD Q3 FY09 Revenues up by 34.58 % at Rs 5761.88 Crores and PAT at Rs 567.56 Crores (though not comparable)
• Completed Synchronization of 250 MW Unit 8 expansion project at Trombay
• Signed an MoU with Gujarat Government to explore the possibility of setting up of Geothermal and Solar power plant in the State of Gujarat
• Signed Joint Venture agreement with Indian Oil Corporation (IOC) to set up a coal based power plant in Orissa
• Commissioned 21.6 MW of additional wind capacity in Gujarat and Karnataka
• Commissioned the second Unit of 45 MW at Haldia
Mumbai, 29th January 2009: The Tata Power Company Ltd, India’s largest integrated private power company, financial results for the quarter ended December 31, 2008.
Commenting on the Company’s performance, Mr. Prasad R. Menon, Managing Director, Tata Power, said:
“Our current operations continue to be robust and our revenues have been higher in all the power businesses. All our generating assets at Trombay, Hydros, Jojobera and Belgaum have performed well and our major projects under implementation are on track. Financial closure has been achieved for both of our major projects at Mundra
and Maithon and construction work at both sites is proceeding well. We have synchronized the 250 MW Unit at Trombay generating facility which will address the growing need and enhance the current installed capacity of 1350 MW. The Haldia and Power House 6 projects are close to completion, with two units commissioned already
at Haldia.” more...
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