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Tata Power’s New CEO: Gajanan Kale Takes the Helm at TP Western Odisha Distribution Limited!
New Delhi: In a strategic move, TP Western Odisha Distribution Limited has appointed Gajanan S. Kale as its Chief Executive Officer (CEO). The company made this announcement on Monday. Kale officially assumed the role of CEO on April 19.
TP Western Odisha Distribution Limited Welcomes Kale
Praveer Sinha, Managing Director and CEO of TP Western Odisha Distribution Limited, expressed his warm…
Latest News and Updates on Tata Power Company | TATAPOWER Ticker
Stay informed about the latest news, updates, and announcements from Tata Power Company. Explore the latest developments, projects, collaborations, and financial information of Tata Power.
Tata Power Group's company made a big notice after the market closed, shares closed up 4.5%
Tata Power made a big announcement after the market closed. Subsidiary TATA POWER RENEWABLE ENERGY signed PPA-Power Purchase Agreements with TATA MOTORS for 9 MWp. PPA for Pantnagar plant in Uttarakhand. Tata Power stock performanceThe stock has gained 4 percent in a week. 10% in one month, 16% in three months, and 290% in three years. Tata Power Quarterly Results Compared to the April-June…
On Thursday (May 4, 2023), Tata Power is expected to release its March quarter results. Earnings from the renewable portfolio would gain from a greater capacity base and a solid performance at Tata Power Solar, according to brokerages like Kotak Institutional Equities.
Founded via way of means of Jamshedji Tata in 1868, the Tata organization is a worldwide company based in India and includes over one hundred running corporations, with operations in greater than one hundred international locations throughout six continents, exporting services and products to over one hundred fifty international locations. Tata corporations with big scale encompass Tata Steel, Tata Motors, Tata Consultancy Services , Tata Power, Tata Chemicals, Tata Global Beverages, Tata Teleservices, Titan, Tata Communications and Indian Hotels. Here are 10 thrilling records approximately Tata Group you need to know:
Tata Power to buy coal worth Rs 12,000 cr from Indonesian mine
Tata Power company plans to buy coal worth some Rs 12,000 crore from its Indonesian miner this financial year, saying the deal will give it the fuel without "interruptions".
The company owns a 30 per cent stake in the mine and as the order will be a related party transaction, it has sought its shareholders' approval in the forthcoming meeting after its audit committee cleared the agreement. The coal is priced at an arm’s length basis.
Coastal Gujarat Power, which merged with Tata Power in April, signed an agreement with PT Kaltim Prima Coal (KPC) in 2008 for a long-term coal supply. The agreement includes all amendments for sourcing coal from KPC on the basis of price linked to the Indonesian government notified monthly benchmark.
“The transactions between the two companies not only help smoothen business operations for both the companies, but also ensure consistent flow of desired quality and quantity of goods and services without interruptions and generation of revenue and business for both the companies to cater to their business requirements,” said Tata Power in a notice to its shareholders. The tenure of the coal sales agreement between Tata Power and KPC is valid till FY33 but shareholders nod is being sought only for the ongoing fiscal, it said.
Tata Power ties up with Kolte-Patil Developers for e-charging stations
Tata Power has partnered with real estate company Kolte-Patil Developers Ltd (KPDL) to set up e-charging stations across its projects in Pune, Mumbai and Bengaluru for convenience of electric vehicle owners.
As part of the wider green mobility adoption, EVs and the charging infrastructure play a key role to mitigate climate change challenges in the urban mobility space, Tata Power said in a statement.
"Tata Power has partnered with Kolte-Patil Developers, a leading Pune-based real estate developer to set up charging stations across its projects in the cities of Pune, Mumbai and Bengaluru for providing comprehensive charging solutions to the EV owners," the statement said without divulging any further information.
"Our technical prowess in the EV charging space, together with Kolte Patil Developers' wide client base across key metros cities, would undoubtedly pave the way for rapid adoption of electric vehicles," Gurinder Singh Sandhu, Chief - New Business Services at Tata Power, said.
"We are excited to join hands with Tata Power on this partnership. And this alliance allows us to further improve the quality of the lives of our residents in a smart, sustainable manner," Rahul Talele, Group CEO of KPDL, said.
Hyundai Motor India announced on Tuesday that it has partnered with Tata Power to install rapid charging electric car infrastructure at a number of its outlets across India.
Hyundai partners with Tata Power - Gets DC 60 kW Fast Chargers in its Network
Hyundai partners with Tata Power – Gets DC 60 kW Fast Chargers in its Network
Hyundai Motor India Ltd., country’s first smart mobility solutions provider and the largest exporter since its inception, today announced strategic partnership with Tata Power, one of India’s largest integrated power companies and a leading EV charging infrastructure provider to build a robust EV charging network and boost EV adoption in India at its dealerships. Through this association, Hyundai…