From Zee Biz

To fuel its ambitious growth plans, Tata Power is focusing on overseas opportunities spread across four regions including South East Asia and SAARC.

Besides, Tata Power, which aims to have 18,000 MW generation capacity by 2022, is exploring business opportunities in the African and Middle East regions.

Currently, the private power utility has an installed generation capacity of 8,560 MW while projects having capacity of nearly 850 MW are under execution.

“The company has ambitious plans to keep fuelling its multi-fold growth across the power value chain. The company aims to generate 18,000 MW by 2022 as well as additional 4,000 MW of management of distribution networks,” Tata Power Managing Director Anil Sardana.

According to him, the company has prioritised four key regions for international play.

“These include African region, South East Asian region; Middle East region and SAARC (South Asian Association for Regional Cooperation) region.

The company has deployed resources in these regional geographies to understand the market dynamics and scout for opportunities, he noted.

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