MoneyWorks4Me

Tata Power’s arm hands over Combat Management System to Indian Navy

02 Apr 2019 Evaluate

Tata Power Company’s subsidiary -- Tata Power Strategic Engineering Division (Tata Power SED) has handed over the Combat Management System (CMS) for the Indigenous Aircraft Carrier (IAC) developed by Tata Power SED, in collaboration with Weapon and Electronics System Engineering Establishment (WESEE) and MARS, Russia to Indian Navy.

This is a major landmark towards Government of India's policy of 'Make in India'. It also assumes great significance as it is the first CMS developed by the Private Industry for IN and is for India’s Indigenous Aircraft Carrier.

Tata Power Company 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 327.60
Tata Power 367.00
Adani Power 206.35
Power Grid Corpn. 264.15
Adani Energy Solut. 1409.40
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