Tata Power growth at 24.84 per cent, Rs 5915 Cr company now

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Kolkata, Jun 23 (UNI) The Tata Power Co Ltd, India's largest integrated private power company, today announced a profit after tax (PAT) growth of 24.84 per cent at Rs 869.90 crore for FY 2007-8 as against Rs 696.80 crore for previous year.

The company reported revenues at Rs 5915.91 crore in FY 2007-08 as compared to Rs 4715.32 crore in the previous year.

The company's consolidated revenue rose by 68.18% at Rs 10,890.86 crore as compared to Rs 6475.64 crore in the previous year.

The consolidated PAT for the year at Rs.1055.07 crore, a rise by 38.90% as against Rs. 759.61 crore for the previous year.

The increase in the operating revenue has been mainly on account of inclusion of the company's share in the Indonesian Coal companies.

The company reported 3.72% growth in its annual sales at 14,959 MUs in FY08 against 14,422 MUs and highest annual generation at 14717 MUs (Previous high at 14269 MUs in FY07). Trombay thermal power station recorded the highest ever generation of 10002 MUs crossing 10000 mark for the first time with a PLF of 85.61% for FY08 (Previous Record of 9511 MU in FY05 at PLF of 81.63%).

Jojobera thermal power station also recorded highest ever generation at 2862 MU in FY08 (Previous highest was at 2731 MU in FY 07).

The company has charted out growth plans for addition of 10,000 MW of generation capacity in the next five years and the projects were in various phases of implementation.


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