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Tata Power’s JV gets three year extension from DSIR for in house R&D unit

31 Aug 2023 Evaluate

Tata Power Delhi Distribution (TPDDL), a joint venture between Tata Power and the Government of NCT of Delhi, has received a three-year extension till 2026 from the Department of Scientific and Industrial Research (DSIR) for its in-house research and development (R&D) unit.

TPDDL has received the renewal of recognition for its smart grid lab as the 'in-house R&D unit' for the next three years by DSIR. The acknowledgement by the DSIR provides exemptions from customs duties to the discom, if applicable, for the import or purchase of equipment, instruments, spare parts, or consumables intended for R&D-related activities.

Tata Power Company is India’s largest integrated power company.


Peers
Company Name CMP
NTPC 327.00
Tata Power 361.00
Adani Power 202.35
Power Grid Corpn. 263.50
Adani Energy Solut. 1350.00
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