Tata Power has increased its generation capacity by more than 8% in Q3 FY17 as compared to Q3 FY16. The company, together with all its subsidiaries and jointly controlled entities, has a gross generation capacity of 10,496 MW and a presence in all the segments of the power sector viz. Fuel Security and Logistics, Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading. The standalone generation stood at 13,022 MUs in Q3 FY17 as against 12,032 MUs during the same quarter of FY16.
Tata Power has reported 38.30% rise in its consolidated net profit at Rs 599.20 crore for the quarter ended December 31, 2016, as compared to Rs 433.25 crore for the same quarter in the previous year. However, total income of the company decreased by 9.83% at Rs 6604.59 crore for the quarter under review as compared Rs 7324.25 crore for the corresponding quarter previous year.