Heavy front-ended investment of RTS has been the single biggest challenge holding back its deeper penetration, particularly in rural and semi-urban parts of the country, Sinha said. In a bid to achieve the ambitious targets of 40 GW cumulative capacity from Rooftop Solar (RTS) Projects by 2022, the government has provided its consent for the […]
During the quarter, its consolidated revenue rose by 16 percent at Rs 7,571 crore as compared to Rs 6,506 crore last year. Country’s one of the leading integrated power company, Tata Power’s renewable energy business showed impressive growth during the October-December quarter of FY19 as its consolidated EBITDA grew by 9 per cent to Rs […]
The solution is expected to save upto Rs 50,000 annually for 25 years. Boosting the solar portfolio, Tata Power’s solar arm has recently launched its complete residential rooftop solution in Gandhinagar, Gujarat. The solution is expected to save up to Rs 50,000 annually for 25 years. The company had launched its rooftop solar services back […]
The award acknowledged the company’s unique and extraordinary contribution in CSR thereby recognizing its role in fueling inclusive growth and the implementation of innovative practices in community development and empowerment. Country’s one of the leading utility Tata Power has won the “3rd ICSI CSR Excellence Award” for the year 2018 in the Medium Category for […]
Further, this transaction is the result of stressed asset resolution process initiated by the lenders through a competitive bidding process. Renascent Power Ventures, arm of Resurgent Power, signed a Share Purchase Agreement (SPA) with a consortium of lenders led by State Bank of India (SBI) to acquire 75.01 percent stake in Prayagraj Power Generation Company […]
Tata Power, India’s largest integrated private power utility took center stage at the recently held International Convention on Quality Control Circles (ICQCC) 2018 by bagging three GOLD awards in Innovation & Quality Control Circles. The three Quality Circle teams a) Utkarsha from Trombay b) Prerana from Distribution c) Tejas from Jojobera were bestowed with the most prestigious GOLD award for their […]
Tata Power, India’s largest integrated power utility hosted the 2nd Annual Distribution Utility Meet, 2018 today in Mumbai. The event was inaugurated by Mr. Arvind Singh, Principal Secretary – Energy, Government of Maharashtra in the presence of Mr. Praveer Sinha, CEO & MD, Tata Power and Mr. Reji Kumar Pillai, President, India Smart Grid Forum (ISGF). […]
Reports 19% Increase in Renewables Ebitda at Rs 631 crore Reports strong all-round performance in H1 FY19. Consolidated underlying business EBITDA stood at Rs 2,668 crore for the quarter due to strong operating performance of all businesses Q2 FY19 Consolidated PAT was up 85% at Rs 393 crore as compared to Rs 213 crore in previous year mainly due […]
It has won the Gold and Silver for its work in the conservation of Mahseer fish under the ‘Best Sustainable Green Initiative’ and its campaign to end open defecation in Jamshedpur under the ‘Best Corporate Community Partnership’ sub-categories respectively. Country’s one of the leading integrated power utility Tata Power has won two awards at the ‘7th ACEF Asian Leadership Awards’ for its impactful work in the areas […]
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