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Tata Power’s TPDDL inks MoU with PFCCL

29 Dec 2017 Evaluate

Tata Power Delhi Distribution (TPDDL), a joint venture (JV) of Tata Power and the Government of Delhi has entered into a Memorandum of Understanding (MoU) with Power Finance Corporation’s (PFC) arm - PFC Consulting (PFCCL) for jointly exploring opportunities in electricity distribution sector in the country.

As per the MoU, the opportunities shall include various distribution projects, Network Strengthening, Electrical Mobility, Smart Grid, Smart Metering, Distributed Energy Resources, Energy storage, Trainings etc. or any other distribution scheme of Ministry of Power.

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 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 324.00
Tata Power 374.80
Adani Power 209.00
Power Grid Corpn. 270.00
Adani Energy Solut. 1415.00
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