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Tata Power Company Limited is an Indian electric utility and electricity generation company based in Mumbai, India and is part of the Tata Group.With an installed electricity generation capacity of 14,707 MW out of which 5847 MW is from Non-Conventional(Green Energy) sources rest from thermal, making it India's largest integrated power company.
Tata Power holds 51 per cent equity with management control and the State-owned Gridco will have the remaining 49 per cent equity stake in the company. [4] [1] The company retained all the existing employees of CESU and will govern them by their existing policy structure. Tata Power has received a licence for 25 years.
Under its distribution fold, Tata Power provides electricity supply to more than 1.2 Cr. electricity consumers in India (Mumbai, Delhi, Ajmer, Central Odisha, Western Odisha, Northern Odisha and Southern Odisha). [TPWODL - A power distribution company in Odisha at a Glance] 88 Lakh Population Served. 21.42 Lakh Customer Base.
The power cables are laid underground, which reduces pilferage and other losses that plague most other parts of India. The nominal rating of power supplied by BEST is 3-phase, 50 Hz, 220/110 kV. Unlike the transport company, the electricity department services only the Mumbai City area, and not the suburbs. It provides power to 5 million ...
Tata Power Delhi Distribution Limited is owned by the Government of Delhi and Tata Power. A majority stake of 51% was acquired by Tata Power in 2002–03 post the unbundling of the Delhi Government owned Delhi Vidyut Board in the form of equity and preference shares. Since then it has paid a total dividend of Rs.367.41 crores on five occasions ...
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The Power Grid Corporation of India Limited was incorporated on 23 October 1989 [5] under the Companies Act, 1956 with an authorized share capital of Rs. 5,000 Crore (subsequently enhanced to Rs. 10,000 Crore in Financial Year (FY) 2007–08) as a public limited company, wholly owned by the Government of India with 51.34% stake in the company as on 31 December 2020 and as principal electric ...
Tata Group has helped establish and finance numerous research, educational and cultural institutes in India, [21] [22] and received the Carnegie Medal of Philanthropy. [23] In 2008, Tata Group donated US$50 million to Cornell University for "agricultural and nutrition programs in India and for the education of Indian students at Cornell." [24]