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Tata Power reinforces its international presence in 4 key regions

09 Mar 2017

Tata Power, India's largest integrated power company continues to strengthen its international footprints. With its robust experience in project operation and execution, the Company is successfully executing several overseas projects. To continue building their international portfolio, Tata Power has prioritised four key regions- Africa, South East Asia, the Middle East, SAARC (India Region). The Company will continue to identify growth areas in these International geographies to further expand its presence and strengthen its portfolio globally.

Commenting on Tata Power's growing international presence, Mr. Anil Sardana, CEO & MD, Tata Power said, ““We have defined four regions for expansion globally namely Southeast Asia; Middle East cum Turkey; and Africa and have invested in resources to constantly update ourselves with the market dynamics in these regions. Tata Power will continue to evaluate various opportunities for providing management and technical advisory services in distribution business including possible partnerships in shortlisted geographies of interest. While the Indian market continues to remain our primary focus of business, we will continue to look for opportunities to investment in projects in these geographies to diversify and expand our portfolio.”

The Company's current international projects are:

Africa region:

  • Zambia: Itezhi Tezhi Power Corporation Limited (ITPC) - 120 MW - The Company has 50% share in Itezhi Tezhi Power Corporation Limited, which implemented the 120 MW Itezhi Tezhi Hydro Project in Zambia. It is a special purpose vehicle to build and operate a 120 MW hydro power plant on the Itezhi Tezhi Dam in Zambia. ITPC is the first Public Private Partnership of its kind in the energy sector in Zambia and has a 25 year US Dollar denominated Power Purchase Agreement with ZESCO. Both units of 60 MW each of the 120 MW plant were commissioned in 2016 and are supplying power to the Zambian national grid to help tide the unprecedented power crisis.
  • South Africa: Cennergi Pty. Ltd. – 230 MW – The Company has a JV with South African major Exxaro and the JV vehicle M/s Cennergi Limited is pursuing a total of 235 MW of wind farms namely 134.4 MW Amakhala Emoyeni Wind Farm & 95.3 MW Tsitsikamma Community Wind Farm. Tata Power announced the commencement of Commercial Operations for its 95 MW Tsitsikamma Community Wind farm (TCWF) Wind Farm Project.
  • Nigeria: The Company is engaged as Technical & Managerial advisors in Distribution venture managing Benin and Eko distribution companies.

Middle East & Turkey Region:

  • Georgia: Adjaristsqali Georgia LLC - 187 MW - The construction work for the Project is in full swing, the tunneling work is progressing ahead of schedule. Site construction activities are ongoing at the various faces on the tunnel, Didachara Dam, Skhalta Dam, Shuakhevi Powerhouse etc. The COD for the 178 MW Shuakhevi PH is planned for June 2017 and 9 MW Skhalta PH for August 2017.
  • Georgia: 1.2.5 Koromkheti HPP - 150 MW - Revised project financial analysis based on the results of geotechnical investigations, optimized project costs. Discussions are ongoing with Government of Georgia (GOG) for amendments to the Build Own Operate (BOO) Agreement and the Transmissions Dispatch Agreement for the Project.

South East Asia Region:

  • Indonesia: The Company continues its association with four Mining companies namely KPC, AGM and BSSR. These blocks are productive and primarily export thermal coal to various clients across the globe.
  • 3x18 MW Thermal project is under development in Indonesia at KPC Sangatha area.
  • Vietnam: Company is developing 1320 MW Long Phu 2 imported coal based thermal power project in Soc Thang district in Vietnam, based on Supercritical Technology, for which feasibility studies have been completed and PPA is being negotiated.

India Neighboring Region

  • Bhutan: Dagachhu Hydro Power Project (DHPC) (2x63 MW): The Project was commissioned in March 2015. The Company owns 26% share in the project with the balance being held by Govt of Bhutan entity, with rights to sell 100% power in India. This is the first project in Bhutan of this kind.
  • Myanmar: Tata Power has signed with Govt of Myanmar to develop 600 MW imported coal based project in South-west Myanmar. FR has been submitted and further discussions are under way.

Tata Power continues to create stakeholder value to strengthen its global presence through greenfield and other viable power projects to be an integrated power company with a growing international process.

About Tata Power:

Tata Power is India’s largest integrated power company with a growing international presence. The Company together with its subsidiaries and jointly controlled entities has an installed gross generation capacity of 10511 MW and a presence in all the segments of the power sector viz. Fuel Security and Logistics, Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading. It has successful public-private partnerships in Generation, Transmission and Distribution in India namely “Tata Power Delhi Distribution Limited" with Delhi Vidyut Board for distribution in North Delhi, 'Powerlinks Transmission Ltd.' with Power Grid Corporation of India Ltd. for evacuation of Power from Tala hydro plant in Bhutan to Delhi and 'Maithon Power Ltd.' with Damodar Valley Corporation for a 1050 MW Mega Power Project at Jharkhand. Tata Power is serving more than 2.6 million distribution consumers in India and has developed the country’s first 4000 MW Ultra Mega Power Project at Mundra (Gujarat) based on super-critical technology. It is also one of the largest renewable energy players in India with a clean energy portfolio of 3042 MW. Its international presence includes strategic investments in Indonesia through a 30% stake in the leading coal company PT Kaltim Prima Coal (KPC), 26% stake in mines at PT Baramulti Suksessarana Tbk ("BSSR"); in Singapore through Trust Energy Resources to securitize coal supply and the shipping of coal for its thermal power generation operations; in South Africa through a joint venture called ‘Cennergi’ to develop projects in sub-Sahara Africa; in Zambia through 50:50 joint venture with ZESCO for 120 MW Hydro which has become operational in 2016; in Georgia through AGL which is a joint venture with Clean Energy, Norway & IFC for development of 185 MW hydro project which is scheduled to be commissioned in 2016;  in Australia through investments in enhanced geothermal and clean coal technologies and in Bhutan through a hydro project in partnership with The Royal Government of Bhutan. With its track record of technology leadership, project execution excellence, world class safety processes, customer care and driving green initiatives, Tata Power is poised for a multi-fold growth and committed to 'lighting up lives' for generations to come”. Visit us at: www.tatapower.com

 


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