The Mumbai-based utility company, which recently commissioned the first unit of the 126-megawatt Dagachhu Hydro Power Corp in Bhutan, has a total hydro-generation capacity of 513 mw. It plans to further acquire hydro projects to build its portfolio.
"We have a dedicated team that looks for opportunities in renewable energy projects and clean technology development," said Tata Power managing director Anil Sardana. He pointed out that the north-east region still had over 93% untapped potential.
The company's overall power generation capacity is now at 8,684 mw, and targets hiking this to 26,000 mw by 2020.
Sardana said, "While India is endowed with significant hydroelectric potential, and ranks fifth in the world in terms of usable potential, the share of hydro projects in India's power basket has dropped from 40%
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