Tata Power needs 21 mln tonnes of coal by 2014
New Delhi, Apr 24 (UNI) Tata Power, the country's largest private sector power utility with an installed generation capacity of over 2,300 MW, today said it will require 21 million tonnes of coal by 2014 to run all its projects which is expected to be met through imports.
''We have the projects such as Mundra UMPP, Coastal Maharashtra and Trombay in hand...these will require 21 million tonnes of coal by 2014,'' Tata Power Managing Director Prasad R Menon told reporters here on the sidelines of the signing of financial agreements of 4,000 MW Mundra UMPP here.
He added that the Mundra UMPP will alone require 11 million tonnes of coal, of which 10 million tonnes of coal will be imported from Indonesia.
Tata Power is believed to make another overseas acquisition of a coal mine to minimise the risk from the supply from Indonesia-based mines.
Commenting on it, Mr Menon said, ''the firm is contantly looking and evaluating various opportunities.'' However, he did not divulge further details.
Tata Power is implementing the 4,000 mw UMMP at Mundra, which will be operational by 2012, through a special purpose vehicle Coastal Gujarat Power.
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