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Tata Power’s JV joins hands with leading energy service companies to provide energy saving solutions

08 Mar 2016 Evaluate

Tata Power Delhi Distribution (TPDDL), a joint venture (JV) of Tata Power and the Government of Delhi, is all set to provide its consumers a one cut solution to bring down energy consumption and reduce electricity bills. It has tied up with the leading energy service companies (ESCOs) to provide the energy saving solution.

As part of its ongoing endeavour to promote energy efficiency and to provide value added energy efficiency services like comprehensive energy audit and implementation of energy performance improvement projects with guaranteed energy savings commitment to consumers, TPDDL has empaneled seven ESCOs through open bidding after receiving directions from the Delhi Electricity Regulatory Commission (DERC).

Tata Power is India’s largest integrated power company with a growing international presence. The Company together with its subsidiaries and jointly controlled entities has an installed gross generation capacity of [9100] MW and a presence in all the segments of the power sector viz. Fuel Security and Logistics, Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.

Peers
Company Name CMP
NTPC 329.35
Tata Power 368.30
Adani Power 205.00
Power Grid Corpn. 263.50
Adani Energy Solut. 1382.00
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