Even as solar and wind power tariffs are yet to settle at sustainable levels Tata Power is looking to scale up its renewable energy capacity five-fold in the next two years.
“Tata Power is looking to scale up its renewable energy capacity in the next two years. We can grow this business three-four times in the next five years, as we have the capability and the know how for both hardware (solar panels) and software. We can be a game changer in this,” Praveer Sinha, MD and CEO, Tata Power told BusinessLine.
Currently, Tata Power has around 3,417 MW in clean energy capacity and has committed to invest $1 billion in renewables.
