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11 December, 2018 20:16 IST
Tata Power's JV lauded with best in class T&D Infra Asset'
Source: IRIS | 17 Jan, 2018, 04.01PM
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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).

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