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Tata Power’s arm bags order worth Rs 200 crore

05 Dec 2016 Evaluate

Tata Power’s Strategic Engineering Division (Tata Power SED) has bagged an order from Ministry of Defence, Government of India for the supply of one regiment of Command Post and Launcher of Pinaka Multi Rocket Launcher System (MRLS) to Indian Army. The order worth Rs 200 crore includes supply of 20 launchers and 8 command posts. Tata Power SED had delivered one regiment of Pinaka Launcher and Command Post in the period of 2006-2010, which was then inducted in the Army.

Tata Power is an integrated power company. It operates in three segments including power, coal and other. Power segment consists of generation, transmission, distribution and trading of electricity. Coal segment consists of mining and trading. Others segment consists of defense engineering, solar equipment, project contracts, infrastructure management services, coal bed methane, investment, shipping and property development. The firm generates electricity through coal, gas, hydro, wind, solar and waste heat.

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436.00 -3.20 (-0.73%)
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