Sanjeev Churiwala joins Tata Power as the new Chief Financial Officer with effect from 1st January, 2022. Ramesh Subramanyam, the erstwhile CFO is moving into a new role within the Tata Group, the company said. A Chartered Accountant by qualification, Churiwala has over 27 years of corporate experience spanning across the financial services sector including…
TVS Motor Company, a global manufacturer of two-wheelers and three-wheelers, announced it has entered into a strategic partnership with Tata Power. As part of the MoU, the two companies agreed to drive the comprehensive implementation of Electric Vehicle Charging Infrastructure (EVCI) across India and deploy solar power technologies at TVS Motor locations, the statement said.…
The Tata Power Company announced it has completed the sale of its Defense business on 31st October, 2020 to Tata Advanced Systems Limited, a wholly owned subsidiary of Tata Sons Pvt. Ltd, the company said in its press release. The sale was completed as per a Scheme of Arrangement, which was approved by National Company…
Singapore-based Trust Energy Resources Pte Ltd (TERPL), a wholly owned subsidiary of the Tata Power, announced that it has completed the sale of its three ships viz. MV Trust Agility, MV Trust Integrity and MV Trust Amity to Oldendorff Carriers GmbH & Co. KG, Germany for a consideration of USD 212.76 million. TERPL will now…
Tata Power, India’s largest integrated power company, announced that Tata Power Renewable Energy Limited (TPREL), the Company’s wholly owned subsidiary, has received a Letter of Award from Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) to develop a 100 MW solar project in Maharashtra. The energy will be supplied to MSEDCL under a Power Purchase Agreement…
Tata Power, India’s largest integrated power company, announced that Tata Power Renewable Energy Limited, the Company’s wholly owned subsidiary, has received a Letter of Award from Gujarat Urja Vikas Nigam Limited (GUVNL) on 12th June 2020 to develop a 120 MW solar project in Gujarat. “The energy will be supplied to GUVNL under a Power…
Tata Power has been conferred with the honourable Global, “Edison Award” for its “Club Enerji #Switchoff2SwitchOn” campaign under Social innovation category and Social Energy Solutions subcategory. The Edison Awards, named after Thomas Alva Edison, recognizes and honours the world’s best innovations and innovators. Being recognized with an Edison Award is one of the highest accolades…
Tata Power Solar Systems Limited (Tata Power Solar), India’s largest integrated solar company and a wholly-owned subsidiary of Tata Power, announced it has received the Letter of Award to build the 300 MW CPSU-II for NTPC at an all inclusive price of ₹ 1,730.16 crore. The Commercial Operation Date (COD) for this grid-connected solar photovoltaic…
Adjaristsqali Georgia LLC, a Joint Venture between Tata Power, Norway’s Clean Energy Invest (CEI), and International Financial Corporation (IFC) has announced the start of commercial operation of the 178 MW Shuakhevi Hydro Power Project (Shuakhevi HPP) located in southwest Georgia. Further, AGL will be soon commissioning the 9 MW Skhalta Hydro Power project which is…
Preparing for a #futureready India, Tata Power, the country’s largest integrated utility is making a big push for a stronger adoption of clean energy by expanding its rooftop solar offerings to 90 cities. The big rollout from Tata Power is also coming at a time when consumers across all major categories including commercial, industrial, residential…
Prakriti E-Mobility has signed an agreement with India’s integrated power utility company, Tata Power, to provide charging infrastructure to support Prakriti’s EV Taxi fleet in Delhi-NCR. Prakriti E-Mobility, co-founded by Nimish Trivedi, Vikas Bansal and Rajeev Tiwari, is an app-based Electric Vehicle (EV) taxi service provider. This will be a service agreement between Prakriti E-Mobility…
Tata Power has been ranked among the top 10 companies in this year’s Indian Corporate Governance Scorecard, which is developed jointly by BSE Limited, the International Finance Corporation (IFC) and Institutional Investor Advisory Services India Limited (IiAS), with the financial support of the Government of Japan. Tata Power made it into the top 10 list…
Tata Power Delhi Distribution Limited (Tata Power-DDL) has announced the appointment of Mr. Ganesh Srinivasan as the company’s new Chief Executive Officer (CEO), with effect from December 2, 2019. Srinivasan will take over from Mr. Sanjay Banga who has been elevated to the position of President – Transmission and Distribution (T&D), Tata Power, Mumbai. In…