Tata Green Power Initiatives – A Drive to

Attain Zero Emissions Through Green Fuel

Environment science project

Your Name
Regd. No.: 123456

SRI SATHYA SAI INSTITUTE OF HIGHER

LEARNING
(Deemed to be University)

Prasanthi Nilayam
March 2023
 SRI SATHYA SAI INSTITUTE OF HIGHER
LEARNING

DECLARATION

The project titled “” was carried out by me as a part of the ENT 201 Environmental Studies
and Human Values Course and has not formed the basis for the award of any degree, diploma
or any other such title by this or any other University.

(Your name)
I [Link]. MES
Regd. No.: 123456

Place: Prasanthi Nilayam

Date: 00/00/2023
1. Sample heading
It gives me immense pleasure to write to you after another eventful year of progress,
transition and transformation. We performed well across all segments, with our conventional
generation, transmission and distribution (T&D) businesses delivering solid results, Odisha
Discoms stabilising and the Renewables business firing on all fronts. Today, we stand strong,
serving more than 12 million consumers through our distribution and new-age businesses.
We continue to be aggressively focused on growing our clean energy portfolio which today
constitutes over one-third of our total generation portfolio and we aim to increase it by more
than 60% over the next five years.

1.1 Sample sub-heading

We are facilitating this clean energy transition through new technology adoption in
collaboration with our customers and partners. With BlackRock and Mubadala investing
₹4000 crores in our Renewables business, we are well positioned to pursue even larger
opportunities in the RE space and continue to retain our leadership position in the new
consumer centric businesses -Rooftop Solar, EV Business, Solar Pumps etc. A year of
standout financial performance That said, FY22 also came with its fair share of challenges,
with headwinds emanating from elevated commodity prices, residual effects and variants of
COVID-19, geopolitical conflicts and erratic weather patterns. However, we were able to

Figure 1: Sample figure

deliver a strong

financial performance, with revenue at ₹42576 crores (up 28% y-o-y), EBITDA at ₹8191
crores (up 3% y-o-y) and PAT at ₹2156 crore (up 50% y-o-y). We also made solid progress
on some of our key issues and continued to strengthen our balance sheet. Leveraging our
robust operating cash flows, we brought down our net debt to underlying EBITDA to 3.92.
Our domestic as well as international credit ratings received an upgrade in FY22, with our
average borrowing cost narrowing 36 bps y-o-y to 6.82%. An all-round progress across
businesses Tata Power’s focus on becoming a consumer-oriented, renewables-led company
continued to deliver sustained results in FY22. Our Solar Utility Scale EPC order book stood
at 3 GW worth ₹12,000 crores. We achieved our highest-ever quarterly revenue in our
rooftop solar business and doubled our revenue from solar pumps on a y-o-y basis. Tata
Power EZ Charge has cumulatively installed 13,000 + home chargers and 2,200+ EV
charging points at the end of the year. On the T&D front, we have been able to consistently
reduce the AT&C losses in the four Odisha Discoms and have stabilised the operations with a
three-pronged growth-reliability-collection model. Transmission availability has been
constantly maintained at or near 100%. The acquisition of two transmission assets through
our Resurgent Platform- NRSS XXXVI Transmission Limited and South-East UP Power
Transmission Limited has further enhanced the portfolio of our transmission business. From a
generation standpoint, availability has been at or near 100% for hydro, wind and solar assets
and over 85% for thermal units (excluding Mundra). A global energy context set by climate
change There is irrefutable evidence that points to the reality of climate change and its
disastrous impact on the planet and its people. Following COP26 and the preceding
conventions, countries across the world are taking measures, with specific commitments
being drawn up for coal phase-out and carbon mitigation.

2. Sample Heading
 Figure 2: Sample figure

Large nations/blocs such as the US and the EU have committed to net zero targets by 2050,
China and Russia by 2060 and India by 2070. This global transition provides a huge
opportunity for energy companies to lead the decarbonisation agenda by enabling renewable
energy installations at scale with solar and wind leading the pack and through deployment of
novel technologies. Installed renewable power capacity has grown by over 9% in CY21, and
as per the IEA, 32% of the global electricity demand will be met via microgrids. It gives me
immense pleasure to write to you after another eventful year of progress, transition and
transformation. We performed well across all segments, with our conventional generation,
transmission and distribution (T&D) businesses delivering solid results, Odisha Discoms
stabilising and the Renewables business firing on all fronts. Today, we stand strong, serving
more than 12 million consumers through our distribution and new-age businesses. We
continue to be aggressively focused on growing our clean energy portfolio which today
constitutes over one-third of our total generation portfolio and we aim to increase it by more
than 60% over the next five years. We are facilitating this clean energy transition through
new technology adoption in collaboration with our customers and partners. With BlackRock
and Mubadala investing ₹4000 crores in our Renewables business, we are well positioned to
pursue even larger opportunities in the RE space and continue to retain our leadership
position in the new consumer centric businesses -Rooftop Solar, EV Business, Solar Pumps
etc. A year of standout financial performance That said, FY22 also came with its fair share of
challenges, with headwinds emanating from elevated commodity prices, residual effects and
variants of COVID-19, geopolitical conflicts and erratic weather patterns. However, we were
able to deliver a strong financial performance, with revenue at ₹42576 crores (up 28% y-o-
y), EBITDA at ₹8191 crore (up 3% y-o-y) and PAT at ₹2156 crore (up 50% y-o-y). We also
made solid progress on some of our key issues and continued to strengthen our balance sheet.
Leveraging our robust operating cash flows, we brought down our net debt to underlying
EBITDA to 3.92. Our domestic as well as international credit ratings received an upgrade in
FY22, with our average borrowing cost narrowing 36 bps y-o-y to 6.82%. An all-round
progress across businesses Tata Power’s focus on becoming a consumer-oriented,
renewables-led company continued to deliver sustained results in FY22. Our Solar Utility
Scale EPC order book stood at 3 GW worth ₹1000 crore. We achieved our highest-ever
quarterly revenue in our rooftop solar business and doubled our revenue from solar pumps on
a y-o-y basis. Tata Power EZ Charge has cumulatively installed 13,000 + home chargers and
2,200+ EV charging points at the end of the year. On the T&D front, we have been able to
consistently reduce the AT&C losses in the four Odisha Discoms and have stabilised the
operations with a three-pronged growth-reliability-collection model. Transmission
availability has been constantly maintained at or near 100%. The acquisition of two
transmission assets through our Resurgent Platform- NRSS XXXVI Transmission Limited
and South-East UP Power Transmission Limited has further enhanced the portfolio of our
transmission business. From a generation standpoint, availability has been at or near 100%
for hydro, wind and solar assets and over 85% for thermal units (excluding Mundra). A
global energy context set by climate change There is irrefutable evidence that points to the
reality of climate change and its disastrous impact on the planet and its people. Following
COP26 and the preceding conventions, countries across the world are taking measures, with
specific commitments being drawn up for coal phase-out and carbon mitigation. Large
nations/blocs such as the US and the EU have committed to net zero targets by 2050, China
and Russia by 2060 and India by 2070. This global transition provides a huge opportunity for
energy companies to lead the decarbonisation agenda by enabling renewable energy
installations at scale with solar and wind leading the pack and through deployment of novel
technologies. Installed renewable power capacity has grown by over 9% in CY21, and as per
the IEA, 32% of the global electricity demand will be met via renewable sources by 2024. An
all-round progress across businesses Tata Power’s focus on becoming a consumer-oriented,
renewables-led company continued to deliver sustained results in FY22. Our Solar Utility
Scale EPC order book stood at 3 GW worth 12,000 crores. We achieved our highest-ever
quarterly revenue in our rooftop solar business and doubled our revenue from solar pumps on
a y-o-y basis. Tata Power EZ Charge has cumulatively installed 13,000 + home chargers and
2,200+ EV charging points at the end of the year. On the T&D front, we have been able.
e AT&C losses in the four Odisha Discoms and have stabilised the operations with a three-
pronged growth-reliability-collection model. That said, FY22 also came with its fair share of
challenges, with headwinds emanating from elevated commodity prices, residual effects and .

Figure 3: Sample figure

References

1. [Link]
2. [Link]
3. [Link]
4. [Link]