It was commissioned seven months ahead of schedule, at a cost much lower than the original estimate, by the Nuclear Power Corporation of India.

The personnel operating the power plant live in a residential complex called T. A. P. S. Township.

[citation needed] MIDC has proposed a gas-fired power station for captive use at Tarapur Industrial Area.

MIDC has decided to explore the concept of group captive power plant (GCPP) as proposed in the Electricity Act of 2003.

Tarapur has a literacy rate of 91% for both males and females,[citation needed] much higher than the national average of 72%.

Well known is the Tarapur beach with a dilapidated fort which was in a ruined state in 1862, part of the north wall having fallen.

The Tarapur Fort, with wells and gardens within, was given in inam (a grant of real estate) by the Peshwa to Vikaji Mehrji, for a hundred years, and is still held by his heirs, and is currently in custody of Chorge family.