Tag: Tata Power

Tata Power’s generation capacity rises 13% in Q1 FY18

Tata Power’s generation capacity rises 13% in Q1 FY18

16/08/2017 16:35

Tata Power, India’s largest integrated power company, on Wednesday said that the company’s generation capacity increased by close to 13 per cent in Q1 FY18 as compared to Q1 FY17.

“The company, together with all its subsidiaries and jointly controlled entities, has an installed generation capacity of 10,466 MW (as of August 2017),” said Tata Power Company in a filing to the Bombay Stock Exchange.

With the commissioning of these projects, Tata Power has significantly increased its presence in the clean energy space with a gross installed capacity of 3,144 MW, it said in the filing.

Overall in Q1 FY18, company continued its robust operations with Maithon Power station generating 1952 MU. Standalone generation for the quarter stood at 3277MU. Trombay Thermal Power generated 1719 MU. Jojobera Thermal Power Station generated 768 MU and Haldia reported generation of 203 MU. Industrial Energy reported generation of 664 MU and TPREL, the renewable energy arm of Tata Power, generated 250 MU in Q1 that includes clean and green energy sources. Total consolidated generation stood at 12405 MU, it added.

Commenting on this development, Anil Sardana, CEO and MD, Tata Power, said, “Tata Power has and will continue to be a part of India’s growth story. With the support of leading technological innovations, excellence in project execution, world class safety processes, customer care, and green initiatives, the company has succeeded in establishing a strong foothold across the country and in select geographies towards creating stakeholder value. We are confident we will continue to significantly contribute towards the vision of ‘Power for All’.”

Tata Power saves 9.5 lakh MUs of energy in Delhi

Tata Power saves 9.5 lakh MUs of energy in Delhi

22/06/2016 13:02

Leading power company, Tata Power has said that its nationwide resource and energy conservation movement Club Enerji, has been relentlessly spreading awareness about resource conservation across the country, through its theme of national building.

Continuing with its momentum, in 2015-16, Tata Power Club Enerji sensitised around 2.2 lakh citizens in Delhi through primary contact programme and secondary sensitisation and saved around 9.5 lakh MUs in the city of Delhi.

Tata Power’s ‘Energy Conservation Programme’ introduced in more than 25 schools in the city, aims at creating maximum impact by educating and creating awareness amongst citizens on the effective management and conservation of energy in our everyday life. Tata Power’s Club Enerji movement in New Delhi currently has 4,266 Energy Champions and 2,645 Energy Ambassadors across schools.

The Club Enerji initiative has been contributing extensively towards a brighter and greener tomorrow by undertaking several successful initiatives. In 2015-16 the programme also launched an online module of the Club Enerji programme wherein the users would simply need to register for a detailed access to it. As part of its initiatives, Club Enerji recently organised activities for the school students like nature trails and visits to Tata Power Mahseer hatchery in Lonavala to increase awareness on its conservation projects and also provide practical knowledge about the environment.

Meanwhile, shares of the company were trading at Rs 73.70 apiece, up 0.41 per cent from the previous close at 13:03 hours on BSE.

Tata Power SED inks MOU with Cranfield University

Tata Power SED inks MOU with Cranfield University

28/03/2016 16:40

Tata Power’s Strategic Engineering Division (Tata Power SED) and Cranfield University have signed a memorandum of understanding (MoU) to develop the relationship between the two organisation.

“The MoU sets out the intent of the organisations to explore the possibility of entering into a strategic partnership through research and development (R&D) and academic study in the areas of defence-related engineering and emerging technologies,” the company said in a filing to the Bombay Stock Exchange.

Commenting on the development, Tata Power SED, CEO, Rahul Chaudhry, said, “Tata Power SED has been committed to the cause of ‘Make in India’ since over four decades. With the present Government giving the necessary emphasis on the defence sector, we would like to extend the ‘Make in India’ definition to ‘Create in India’ for which we would like to leverage the experience and expertise of Cranfield University in defining standards and implementing them in our processes for design and development of critical Defence Systems and sub-systems for the country.”

Meanwhile, shares of the company closed trading at Rs 60.95 apiece, down 2.71 per cent from the previous close on BSE.

Tata Power named as 2016 world’s most ethical company

Tata Power named as 2016 world’s most ethical company

11/03/2016 16:28

Country’s largest integrated power company Tata Power Company Ltd on Friday said that it has been recognized by the Ethisphere Institute as 2016 world’s most ethical company for third year in succession.

In a filing to the Bombay Stock Exchange, the company said, “It has been recognized by the Ethisphere Institute, the global leader in defining and advancing the standards of ethical business practices, as a 2016 World’s Most Ethical Company.”

The World’s Most Ethical Companies designation recognizes organizations that have had a material impact on the way business is conducted by fostering a culture of ethics and transparency at every level of the company.

Being a third consecutive year honoree underscores the company’s commitment to leading ethical business standards and practices ensuring long-term value to key stakeholders including customers, employees, suppliers, regulators and investors.

The company is one of the only four companies in the Energy and Utilities (Electric) sector honoured this year.

Meanwhile, shares of the company closed at Rs 58.80 apiece, down 0.08 per cent, from previous close on BSE.