Tata to invest Rs 5,000 cr in wind energy

Nov 21, 2010 12:00 AM

Tata Power that aims to produce at least 25 % of its total power generation from clean sources by 2017, will invest around Rs 5,000 crore in wind-energy alone, said a top company official.
"We have set ourselves a target to achieve 25 % of our total generation from clean sources by 2017. These will comprise wind, solar, hydro, geo-thermal and gas. In wind-power alone, we will be investing around Rs 5,000 crore," Tata Power's Executive Director-Strategy and Business Development, Banmali Agrawala said. The company target amounts to around 8,000 MW of power to be generated from renewable energy resources.

Tata Power, which at present has a little over 200 MW of wind capacity, plans to give thrust on wind-energy, as "it is the most commercially viable and established form of renewable energy," he said.

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