Mumbai, November 21, 2024 (TBB Bureau): Tata Power, a pioneer in India’s energy sector, has signed a groundbreaking Memorandum of Understanding (MoU) with the Asian Development Bank (ADB) to evaluate financing of $4.25 billion for transformative clean energy projects. The agreement, signed during the COP29 Climate Conference in Baku, Azerbaijan, marks a significant step toward advancing India’s energy transition and ...

Bhubaneswar, November 2, 2024 (TBB Bureau):  In a significant achievement for Tata Power, the company recorded reduced distribution losses in its Odisha power distribution business during the first half (H1) of the current financial year (FY25). The reduction in Aggregate Technical and Commercial (AT&C) losses, a critical measure of operational efficiency, highlights Tata Power’s successful efforts to streamline power distribution ...

BHUBANESWAR, SEPTEMBER 13, 2024 (TBB BUREAU): Tata Power, in collaboration with the Skill Development and Technical Education Department of the Government of Odisha, has launched a significant skill development initiative to empower ITI students across the state. The initiative, part of the ‘Skilled in Odisha’ program, is already making substantial strides in preparing students with future-ready skills. The program spans ...

Bhubaneswar, September 6, 2024 (TBB Bureau): Tata Power-led Odisha Discoms have demonstrated a strong commitment to the state’s economic development by awarding contracts worth Rs 11,481 crore to local contractors and suppliers. Of this total, Rs 8,690 crore have been allocated to local MSMEs, while Rs 2,791 crore have gone to non-MSMEs over the past three years since the Discoms ...

New Delhi, July 25, 2024 (TBB Bureau): TP Renewable Microgrid (TPRMG), India’s leading solar microgrid company and a wholly owned subsidiary of Tata Power, has signed a Memorandum of Understanding (MoU) with the National Dairy Development Board (NDDB) to integrate renewable energy technologies into the dairy value chain. This collaboration marks a significant step towards sustainability in the dairy sector, ...

MUMBAI, JULY 16, 2024 (TBB BUREAU): Tata Power, a leading integrated power company in India, is set to invest Rs 20,000 crore in capital expenditure (capex) for the fiscal year 2025, announced Chairman Natarajan Chandrasekaran on Tuesday. This significant investment aims to advance the company’s renewable energy portfolio and enhance its transmission and distribution operations, as stated during the company’s ...

Bhubaneswar, July 12, 2024 (TBB Bureau):  Tata Power-led power distribution companies (Discoms) have significantly bolstered Odisha’s power infrastructure, with an investment of Rs 4,245 crore in infrastructure expansion and network upgrades over the past 3-4 years, the company announced on Friday. The company operates four Discoms in joint ventures with the government of Odisha: TP Central Odisha Distribution (TPCODL), TP ...

BHUBANESWAR, JUNE 21, 2024 (TBB BUREAU): Tata Power, one of India’s largest integrated power companies, has been recognized in the World Bank Energy Report as a pioneering force in Distributed Energy Resources (DER) offerings and peer-to-peer (P2P) electricity trading. Leveraging innovative financing and expertise in rooftop solar maintenance, the company effectively manages revenue risks through a two-part tariff model. From ...

Navigating the complexities of infrastructure amidst Odisha’s Nor’wester fury PRIYABRAT BISWAL The tempestuous fury of a Nor’wester descended upon the capital city of Odisha on a fateful Monday (May 6, 2024) afternoon, leaving in its wake a trail of devastation, particularly within the delicate web of the power supply infrastructure. As the tempest raged, swathes of the city were shrouded ...

TBB BUREAU BHUBANESWAR, MAR 12, 2024 Tata Power-led Odisha Distribution Companies (Discoms) have achieved top ranking among national utilities, according to the 12th Annual Integrated Ratings of Power Distribution Utilities released by the Ministry of Power through the Power Finance Corporation, recently. The ratings have taken into account various parameters such as operational and financial performance, regulatory compliance, customer service, ...