Tata Power Share Price

About Tata Power

Core Activities & Products

• Renewable Energy: It is one India’s biggest renewable energy companies and the business is aimed at providing the entire country with energy that comes from natural green resources - wind and sun. Tata Power has the installed capacity of 932 MW of wind power generation through plants at Maharashtra, Tamil Nadu, Gujarat, Karnataka, Andhra Pradesh, Rajasthan as well as Madhya Pradesh. The solar capacity is more than 750 MW of rooftop as well as distributed generation projects

• Conventional Generation: The enterprise has always enjoyed an unrivalled advantage of cost in electricity production that has been accomplished by regularly upgrading its thermal as well as hydro plants. This company has been behind the great city of Mumbai for over a century and also has generation capacities in West Bengal, Gujarat and Jharkhand. Ahead in the concept of sustainable and inexpensive energy, the hydro plant stations are mostly used to power industrial areas across Bhira, Khopoli and Bhivpuri in Maharashtra. The thermal power plants use very critical technology to supply cost effective power to both industrial and agricultural areas across Trombay in Mumbai, Maithon, Jojobera and Jamshedpur in Jharkhand, Kalinganagar in Odisha, Haldia in West Bengal, Prayagraj in Allahabad and Mundra in Gujarat. Lastly, Tata Power has also set up various plants at Jamshedpur and Haldia for waste heat recovery that is based on blast furnace as well as coke oven gases. These are waste gases from the steelmaking process and help in the reduction of greenhouse gas emissions.

• Transmission and Distribution Services: The enterprise supplies electricity to more than 12 million customers that are spread across Delhi, Ajmer, Odisha and Mumbai. They also manage a network of distribution of over 4 Lac ckt KM and transmission across 3,531 Kms across India as well as transformational services to power utilities globally.

• Next Gen Power Solutions: Being a future forward company, the organisation has paved the path with various innovations and assets that include Tata Power Solaroof, EZ Charge, EZ Home & Smart Energy Management. They continue to be forerunners in tech adoption, while being sustainable in their operations.

• Trading: Tata Power is the first company in India that has been awarded a power trading licence by the Central Electricity Regulatory Commission and holds the Category 1 licence that empowers it to trade unlimited power. It has become a trailblazer in this arena with their own host of innovative initiatives. The company is uniquely positioned as to maximise all returns for its esteemed clientele. Besides this, Trading provides a variety of services like Coal Supply Facilitation as well as Advisory services covering project management, clean development mechanism, techno-commercial aspects as well as renewable energy certificates.

• Value Added Services: These include beyond the metre customer service in Delhi, Mumbai, Odisha and Ajmer.

Board of Directors

1. Mr. Natarajan Chandrasekaran: Non-Independent, Non-Executive Director & Chairman
2. Ms. Anjali Bansal: Non-Executive Independent Director
3. Ms. Vibha Padalkar: Non-Executive Independent Director
4. Mr. Sanjay V. Bhandarkar: Non-Executive Independent Director
5. Mr. Kesava Menon Chandrashekhar: Non-Executive Independent DirectorMr. Hemant Bhargava: LIC Nominee Director
6. Mr. Saurabh Agrawal: Non-Executive Director
7. Mr. Banwali Agrawala: Non-Executive Director
8. Mr. Ashok Sinha: Non-Executive, Independent Director
9. Dr. Praveer Sinha: CEO & Managing Director

Key Executives

1. Dr. Praveer Sinha: CEO & Managing Director
2. Mr. Sudeep Churiwala: Chief Finance Officer
3. Mr. Hanoz M. Mistry: Company Secretary

Presence

Strengths

1. Backed by an established brand - Tata Group, started by Jamshedji Tata.
2. The company has high reserves and a low debt-equity ratio, which means there is scope for expansion.
3. The company is a pioneer in new aged technology enabled resources.
4. There are a varied source of power operated through the organisation - Thermal, Hydro, Wind, Solar and more.
5. They are present globally in Malaysia, Kuwait, Zambia, Singapore, Georgia, Saudi Arabia and more.
6. HIgh levelled employees only, with a small strength, making them cost and knowledge effective.

CSR and Sustainability

Criticism

COVID-19 Impact

Future Prospects

Did You Know!

Initial Public Offering

Equity Shares

1. The electricity demand in India has picked up pace due to increased economic activity.
2. The company is putting its efforts behind renewable energy and has many solar, thermal, hydro and waste management plants.
3. They plan to raise their funds for the Initial Public Offerings of the company’s renewable energy unit.
4. The enterprise is at the top of the pyramid when it comes to the Electric Vehicle charging stations, having already installed 961 charging stations.

Annual Financial Summary