"India, Tata, 10,000 MW development"
India's Tata Power challenged the bid battle for bidding to sell about 6,000 MW Singapore Seneko with Japanese groups of Munnbai group and Mitsubishi group. citizenship in the new Singapore, Senoko Power, bidding to sell about 6,000 MW, with Japan's Marubeni Corp. It again printed its name in our brain. In today's article, Tata Power Chairman Mr. Ratan Tata made statement that India's economic growth is along with expanding the Tata Power in the near future.
Tata Power is the India's largest private power company. Though the current scale of Tata owned power generation facilities of 2,278 MW is still small, this largest private companies is expanding its fields to thermal power, hydropower, wind power generation, transmission services with such wide variety of businesses. Total revenues in the year is 42.3 billion Rupees. The company was founded in 1919, and has a long history.
Chairman Ratan Tata said the new power development plan is as in the following. ., The country's first large-scale thermal power project development UMPP, Mundra 4,000MW in Gujarat state has reached the financial closing of 170 billion Rupees and would be operational at the end of the September 2011. It is steadily progressing. Others are the 1050 MW thermal power of Maithon in Jharkhand State and the coastal project of 2,400 MW thermal power in Maharashtra state.
Especially noteworthy is the recent overseas expanding, including the fields of energy resources. They are the Indonesia's coal resources with PT Kaltim Prima Coal (KPC) and PT Arutmin. Also, Tata requiring the domestic coal, Orissa state of Jharkhand state Mandakini Coal Block and Hindalco and Tubed Coal Mines Ltd.
Mr.Ratan Tata, Chairman, gives interesting figures of Tata’s observation for the cost of construction. They are the KW basis, coal-fired - 50,000 to 40,000 rupees (874 to 1,093 dollars), hydropower 60,000 to 65,000 rupees (1,312 to 1,421 dollars), nuclear from 6 to 8 Rupees (1,312 to 1,749 dollars), wind power 60,000 rupees (1,312 dollars), solar 200,000 rupees (4,372 dollars), and gas-fired 28,000 to 38,000 rupees (612 to 831 U.S. dollars). India北辺or trying to, Hydropower is relatively cheap, provably, because of large-scale water power in northern frontier.
