ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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TATA ELECTRIC-New Projects

New Projects COLLECTIVELY called Tata Electric Companies (TEC), the three companies - Tata Power. Andhra Valley Power, and Tata Hydro-Electric function as one company. Although separate legal and accounting entities, the three companies collectively own and operate a generating system with an installed capacity of 444 row of hydro and 1,350 mw of thermal power plants, and share the revenue and expenditure in the ratio of 5:3:2. It is the largest private utility in the country and plays a major role in power generation, transmission and distribution in Maharashtra. BSES is Tata Electric Company's single largest customer Tata Electric signed a power purchase agreement (PPA) with group steel major Tata Iron ft Steel Company (Tisco) for the sale of power from its 67.5 mw Jojobera power plant. The tariff is comparable to the prevailing tariff in the state and the PPA will be valid for 15 years. The plant which has a load factor of 68.5 per cent is coal fired. TEC has been guaranteed a 16 per cent rate of return as per Central Electricity Authority guidelines. The 150 mw Bhira pumped storage unit was successfully commissioned in the generation mode. This will add to TECs peaking capacity and also enable it to generate additional energy in the monsoons by utilising water which would otherwise have spilled over.

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