Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
19 February, 2018 15:41 IST
Tata Power's JV lauded with best in class T&D Infra Asset'
Source: IRIS | 17 Jan, 2018, 04.01PM
Comments  |  Post Comment

Tata Power, India's largest integrated power company, today, announced that Powerlinks Transmission (a joint venture between the Tata Power Company and Power Grid Corporation of India) has been honored with 'Best in Class Infra Asset South Asian Regional Grid (SARG)' at 11th Enertia awards. The award is in recognition of company's excellence in in Sustainable energy, Power & Renewables.
 
Powerlinks Transmission (PTL) imports 1550 MW of power predominantly from 1020 MW TALA Hydroelectric Project which remains the mast-head project of Engineering & Excellence in Construction for the SAARC region in hydropower. PTL was formed with a sole objective of setting up a transmission line between Siliguri in West Bengal to Mandola in Uttar Pradesh (near New Delhi), covering a distance of 1166 kms. This project was completed within the schedule time and cost and is in successful commercial operation since 2006.

Anil Sardana, CEO & MD, Tata Power (Q,N,C,F)* said, ''We are honored to receive this prestigious award by Enertia. Since inception, the company has worked towards maintaining highest standards in its operations. Our joint venture with Power Grid Corporation of India Limited is a testimony of pioneering Public-Private Partnership (PPP) in the transmission sector in India. In our efforts to excel, we will continue to undertake best practices in ensuring smooth functioning of the transmission line. Awards like these not only acknowledge our efforts but also encourages us to go further in providing best in class results.''

Shares of the company declined Rs 0.5, or 0.53%, to trade at Rs 93.25. The total volume of shares traded was 531,829 at the BSE (3.48 p.m., Wednesday).

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Company Update
Glenmark Pharma presents findings from Phase 2a study of GBR 830 - 19-Feb-2018 10:10
L&T Construction secures order worth Rs 16.80 bn - 19-Feb-2018 09:52
BHEL commissions 18 MW hydro-electric project in Punjab - 16-Feb-2018 13:33
Reliance Communication update on asset monetization - 16-Feb-2018 12:06
8K Miles Software launches blockchain platform 8K Health Edge - 16-Feb-2018 10:16
Mahindra Group to invest Rs 1.76 bn in Zoomcar - 16-Feb-2018 10:06
Larsen & Toubro bags orders worth Rs 15.85 bn - 15-Feb-2018 13:11
Rajesh Exports wins export order worth Rs 8.73 bn - 15-Feb-2018 12:36
Torrent Power secures wind power projects worth 499.8 MW - 15-Feb-2018 10:09
Torrent Power signs agreement with Siemens Gamesa Renewable Power - 15-Feb-2018 10:08
Zee Learn inks pact to invest Rs 2 bn in MT Educare - 15-Feb-2018 10:01
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer