Tata Power rises on launching Spot Billing facility for consumers in Mumbai

Tata Power Company Ltd. | Power Generation/Distribution | Power | BSE: 500400 | NSE: TATAPOWER

26 Apr 2016 Evaluate

Tata Power Company is currently trading at Rs. 70.85, up by 1.45 points or 2.09% from its previous closing of Rs. 69.40 on the BSE.

The scrip opened at Rs. 69.60 and has touched a high and low of Rs. 71.00 and Rs. 69.45 respectively. So far 285148 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 79.80 on 20-May-2015 and a 52 week low of Rs. 55.00 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 71.45 and Rs. 68.80 respectively. The current market cap of the company is Rs. 19148.78 crore.

The promoters holding in the company stood at 33.02% while Institutions and Non-Institutions held 50.70% and 16.27% respectively.

Tata Power, India's largest integrated power company has launched Spot Billing facility in Mumbai. The latest technology device will enable the electricity bill to be printed on the spot which will capture the meter reading along with other necessary details. The Spot Billing facility will help the consumers get the electricity bill instantly and verify their meter reading in presence of the meter reader.

The process of spot billing is carried out by the meter reader by entering the meter reading with help of a hand-held device through a Spot Billing Application software. The meter readings are validated through real-time reading & billing quality checks through the system. The average time taken for this entire process is around 90 to 180 seconds, thus reducing the time taken in the traditional process by 3 days.

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.

Tata Power Share Price

436.00 -3.20 (-0.73%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
NTPC	402.20
Tata Power	436.00
Adani Power	225.15
Power Grid Corp	313.90
Torrent Power	1724.80
View more..

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