Tata Power Tuesday reported a consolidated net loss of Rs 114.70 crore for the first quarter ended June 30, 2013, even as the electricity producer raked in higher income.

Problems pertaining to land and coal availability pose a challenge for the power sector, making it difficult to provide electricity at affordable rates, Tata Group Chairman Ratan Tata said on Friday.

With limited scope for private participation in the transmission sector in the country, the country's largest private utility Tata Power is looking at overseas opportunities, a senior company official has said.

Tata Power on Wednesday reported 66 per cent drop in consolidated net profit for the June quarter at Rs 145.93 crore driven down by lower profits from its coal subsidiaries.

However, on a standalone

Facing multiple constraints on the home turf, Tata Power is scouting for opportunities in international markets to maximise returns and minimise risks, the company's chairman Ratan Tata has said.

Tata Power has put on hold all new imported-coal based projects, its chief financial officer said, warning that it would be a challenge for the company to meet its target of a five-fold increase in ge

Mumbai: Ratan Tata-led Tata Power aims to have at least a 25 per cent of its power generation or around 8,000 MW from clean sources by 2017 and will invest around Rs 5,000 crore in wind-energy alone