Tata Power is the largest integrated private power utility. It has an installed capacity of ~14 GW. The company is present across the power value chain from generation to transmission and distribution. Part of Tata group, Tata Sons & Tata Steel hold ~47% & ~1% stake as a promoter respectively. Apart from this, LIC also holds ~8% stake in the company. The core function of Tata Power is to generate, transmit and distribute electricity. The company began its journey in 1910 as Tata Hydroelectric Power Supply Company. Coastal Gujarat Power Limited was formed to implement the Mundra Ultra Mega Power Plant having five units of 800 MW each. Maithon power limited is the company’s 74% joint venture with Damodar Valley Corporation operating the Maithon project having two units of 525 MW each. The Powerlinks transmission Ltd operates a 400-kilo volt transmission line from Bhutan to Delhi. The company also holds 30% and 26% stakes respectively in two coal mining companies in Indonesia.
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Tata Power Company, based in Mumbai, is India's largest integrated power company. It is part of the Tata Group. The core function of Tata Power is to generate, transmit and distribute electricity. The company began its journey in 1910 as Tata Hydroelectric Power Supply Company. Tata Power was India's first company to ship more than 1GW Solar Modules in February 2017.
Tata Power Company is operating in 35 locations in the country. The business has expanded overseas in South Africa, Indonesia, and Middle East nations. Tata Power has a generation capacity of 12742MW with 5 Million distribution consumers.
Tata Power Stock Chart reveals its listing in the National Stock Exchange, Bombay Stock Exchange, and 12 other stock exchanges. Tata Power's latest business integrated solutions focus on mobility and lifestyle.
In August 2020, Tata Power merged with Tata Power Solar Systems (TPSSL), Coastal Gujarat Power Limited (CGPL), and Af-Taab Investment Company (Af-Taab).
In January 2012, the company completed a 51% stake in Odisha DISCOMs. Tata Power has confirmed its acquisition of Western Electricity Supply Company (WESCO) and Southern Electricity Supply Company (SOUTHCO). Both companies are based in Odisha.
The aim is to provide a reliable, affordable, and quality-oriented power supply to the consumers.
India's largest Solar Carport, 2.67MW, has been built in Cochin Airport.
They have also started the mission, GO GREEN. Their mission is to pledge to save energy and natural resources. They educate the masses to opt for solar panels, active citizenship responsibilities, and many more through the online classroom.
Tata Power Company is among the most recognised and respected companies in the world. The company received several prestigious awards, such as:
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Our website has information about 26 Power sector companies that give insight into its financials. Companies include NTPC, Power Grid Corporation Of India, Adani Green Energy, NHPC, Adani Transmission, Torrent Power, Adani Power, SJVN, CESC, JSW Energy, NLC India, Indian Energy Exchange, PTC India & many more.
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