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BEE assigns Grade 1 ESCO accreditation to Tata Power

12 Jun 2019 Evaluate

Bureau of Energy Efficiency (BEE) has assigned Grade 1 ESCO grading rating to Tata Power in recognition of their ESCO (Energy Service Company) business performance. BEE an autonomous body constituted under the Ministry of Power, is responsible for driving policies and strategies for the overall reduction the energy intensity of the India economy. 

A Grade 1 rating for energy audit and energy efficiency project implementation business, indicates a ‘Very High’ ability to implement energy saving measures for customers. There this accreditation formally recognizes Tata Power’s ability to conduct detail energy audits and implement projects to improve energy efficiency for all types of energy-intensive businesses that in turn translates into improved financials, productivity and reduced carbon footprint for its customers.

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 327.80
Tata Power 362.20
Adani Power 207.10
Power Grid Corpn. 264.30
Adani Energy Solut. 1405.20
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