Tata to invest Rs 5,000 cr in wind energy

Tata Power that aims to produce at least 25 per cent of its total power generation from clean sources by 2017,will invest around Rs 5,000 crore in wind-energy alone,said a top company official.

“We have set ourselves a target to achieve 25 per cent of our total generation from clean sources by 2017. These will comprise wind,solar,hydro,geo-thermal and gas. In wind-power alone,we will be investing around Rs 5,000 crore,” Tata Power’s Executive Director-Strategy and Business Development,Banmali Agrawala said.

The company target amounts to around 8,000 MW of power to be generated from renewable energy resources.

Tata Power,which at present has a little over 200 MW of wind capacity,plans to give thrust on wind-energy,as “it is the most commercially viable and established form of renewable energy,” he said.