Renascent Power to Buy 75% PPGCL under Stressed Asset Resoln Process Updated On Thu, Nov 15th, 2018 by Saurenergy Further, this transaction is the result of stressed asset resolution process initiated by the lenders through a competitive bidding process. Renascent Power Ventures, arm of Resurgent Power, signed a Share Purchase Agreement (SPA) with a consortium of lenders led by State Bank of India (SBI) to acquire 75.01 percent stake in Prayagraj Power Generation Company […] Read more
Tata Power Delhi Distribution Launches ‘Pay Bill and Win’ Scheme Updated On Tue, Nov 13th, 2018 by Saurenergy Under the scheme those consumers having load up to 11KW and who make their payments on or before December 31st, 2018, with no outstanding amount will be eligible for rewards. Tata Power Delhi Distribution (Tata Power-DDL) has launched a ‘Pay Bill and Win’ scheme to recognise and reward consumers who make timely payments of their […] Read more
Tata Power-DDL Becomes 1st Utility to Get PEER Gold Certificate in Asia Updated On Mon, Nov 12th, 2018 by Saurenergy Tata Power Delhi Distribution Ltd (Tata Power-DDL) has become the first company in the entire Asian continent to receive PEER (Performance Excellence in Electricity Renewal) Gold Certificate from Green Business Certificate Institute (GBCI). GBCI is the premier organization independently recognizing excellence in green business industry performance and practice globally. The award was presented by Milli […] Read more
Tata Power Announces Q2 FY 2018-19 Result with 85% Increase in Consolidated PAT; Reaffirms Strong Operating Performance Updated On Mon, Oct 29th, 2018 by Saurenergy Reports 19% Increase in Renewables Ebitda at Rs 631 crore Reports strong all-round performance in H1 FY19. Consolidated underlying business EBITDA stood at Rs 2,668 crore for the quarter due to strong operating performance of all businesses Q2 FY19 Consolidated PAT was up 85% at Rs 393 crore as compared to Rs 213 crore in previous year mainly due […] Read more
Tata Power Bags 2 Awards at ‘7th ACEF Asian Leadership Awards’ Updated On Tue, Oct 9th, 2018 by Saurenergy It has won the Gold and Silver for its work in the conservation of Mahseer fish under the ‘Best Sustainable Green Initiative’ and its campaign to end open defecation in Jamshedpur under the ‘Best Corporate Community Partnership’ sub-categories respectively. Country’s one of the leading integrated power utility Tata Power has won two awards at the ‘7th ACEF Asian Leadership Awards’ for its impactful work in the areas […] Read more
Tata Power, HPCL Ink Pact for Setting-up Commercial-Scale EV Charging Stations Updated On Thu, Sep 27th, 2018 by Saurenergy As per the deal, both the companies have agreed to collaborate in planning, development and operation of charging infrastructure for EVs (e-cars, e-rickshaws, e-bikes, e-buses, etc.), at suitable locations across India. Country’s one of the leading integrated power company Tata Power and Hindustan Petroleum Corporation (HPCL), a Navratna oil & gas PSU, has signed the […] Read more
Tata Power launches its VoiceBOT TINA Updated On Wed, Sep 19th, 2018 by Saurenergy Becomes India’s first power utility company to offer VoiceBOT service to its customers Tata Power, India’s largest integrated power utility, today launched its VoiceBOT TINA, thus becoming the first utility in India to offer such a service to its customers. TINA, now powered by Google Assistant will allow the Company to address all the customer queries using […] Read more
Australia May Fetch 50% Power from Renewable Energy by 2025 Updated On Mon, Sep 10th, 2018 by Saurenergy The report suggests that even though the policy support 100 percent reliance on the renewable energy has collapsed following a voting, the solar developments have retained their unexpected pace. A report by a leading energy research, education and public policy organization, ANU Energy Change Institute has stated that if Australia maintains the current track of […] Read more
Tata Power Hits 0.8 Million ‘Digital-Only’ Customers Updated On Wed, Sep 5th, 2018 by Saurenergy 32 percent of Tata Power customers are now being catered through digital medium such as smart phones. Having pushed the digitized approach to cater its customers best, Tata Power has achieved 0.8 million digital-only customers out of its 3.2 million clientele. Moreover, 32 percent of Tata Power total customers are now being catered through digital […] Read more
