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Public Company | |
Traded as | : TATAPOWER : BSE SENSEX Constituent CNX Nifty Constituent |
Industry | Electric utility |
Founded | 1911 |
Founder | Dorabji Tata |
Headquarters | Mumbai, Maharashtra, India |
Key people
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Cyrus Pallonji Mistry (Chairman) Anil Sardana (CEO and MD) |
Products | Electrical power Natural gas |
Services |
Electricity generation and distribution natural gas exploration, production, transportation and distribution |
Revenue |
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Number of employees
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4,126 (March 2013) |
Parent | Tata Group |
Website | www |
Tata Power is an Indian electric utility company based in Mumbai, Maharashtra, India and is part of the Tata Group. The core business of the company is to generate, transmit and distribute electricity. With an installed electricity generation capacity of 9,432 MW, it is India's largest integrated power company. At the end of August 2013, its market capitalisation was $2.74 billion (INR 182 billion).
The firm started as the Tata Hydroelectric Power Supply Company in 1911, which amalgamated with the Andhra Valley Power Supply Company in 1916. It commissioned India’s Second hydro-electric project in 1915 in Khopoli for 72 MW. Then second and third power plants were installed in Bhivpuri (78 MW) in 1919 and Bhira (300 MW) in 1922.
Tata Power has operations in India, Singapore, Indonesia, South Africa and Bhutan. Tata Power Group has its operations based in 35 locations in India.
The thermal power stations of the company are located at Trombay in Mumbai, Mundra in Gujarat, Jojobera and Maithon in Jharkhand, Kalinganagar in Odisha, Haldia in West Bengal and Belgaum in Karnataka. The hydro stations are located in the Western Ghats of Maharashtra and the wind farms in Ahmednagar, Supa, Khanke, Brahmanwel, Gadag, Samana and Visapur. The company installed India’s first 500 MW unit at Trombay, the first 150 MW pumped storage unit at Bhira, and a flue gas desulphurization plant for pollution control at Trombay. It has generation capacities in the States of Jharkhand and Karnataka, and a distribution company in Delhi, servicing over one million consumers spread over 510 square km in the North Delhi. The peak load in this area is about 1,150 MW. Tata Power announced on 24 July 2012, commissioning of the second unit of 525 MW capacity of the Maithon mega thermal project in Dhanbad. The first unit of identical capacity was commissioned in September 2011.