Tata Power plans to add 646.7 MW from clean energy sources.

Tata Power, one of India's largest private power companies, plans to increase its renewable energy capacity by about 71% to cut carbon emissions and reduce risks from fluctuating fuel prices.

The utility is adding 646.7 megawatts of renewable energy capacity, Tata Power said in a statement.

The company has a gross installed capacity of 912 MW from clean energy sources, of which 447 MW comes from hydro power and 465 MW comes from renewable sources such as wind and solar power. Its total installed gross generation capacity in the country is about 8,560 MW.

'Our clean and renewable energy projects will allow us to reduce the overall carbon footprint and further diversify our energy portfolio to reduce fuel price risk. We intend to continue to improve our operational efficiency across all our businesses in the coming years,' Anil Sardana, Managing Director of Tata Power, said in the statement.

BS