Tata Power to invest in Renewable Energy Sector in India

Tata Power will invest in renewable plants in India as it plans to increase its clean energy footprint to 30-40 per cent by 2025.
●    Tata Power currently runs 3,300—megawatt (MW) on non- fossil fuel out of 10,500—MW in operation.
●    The company will increase its renewable energy footprint to 30-40 per cent of the total 20,000—MW capacity it aims to build and operate by 2025.
●    Tata Power has spread its net across emerging economies which offers 14—15 per cent rate of return on investments.
●    These economies include Turkey, Jordan, Egypt, Myanmar, Cambodia, Vietnam, Bhutan, Nepal, Bangladesh and Sri Lanka.
●    In Vietnam, Tata Power has made out a concept design for a 1,320-MW coal-fired plant.
●    Tata Power’s international operations include 235-MW wind farm in South Africa, 120—MW Hydro project in Zambia and 54-MW coal-based plant along with four coal mines in Indonesia.