The Tata Power Company Limited (TATAPOWER.BO)

454.60 -3.10 (-0.68%) At close: 03:46PM IST

The Tata Power Company Limited

Corporate Center B
34 Sant Tukaram Road Carnac Bunder
Mumbai 400 009
India
91 22 6665 8282
https://www.tatapower.com

Sector(s): Utilities
Industry: Utilities - Independent Power Producers
Full-time employees: 21,661

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Praveer Sinha	CEO, MD & Director	92.08M	N/A	1962
Mr. Sanjeev Churiwala	Chief Financial Officer	29.47M	N/A	1970
Mr. Anand Agarwal B.Com., C.A., C.F.A., C.S.	Chief Investor Relations Officer	N/A	N/A	1973
Mr. Ajay Kapoor	Chief of Legal, Regulatory & Advocacy	N/A	N/A	1964
Mr. Vispi S. Patel	Company Secretary & Compliance Officer	N/A	N/A	1973
Ms. Jyoti Kumar Bansal	Chief of Brand & Communications	N/A	N/A	N/A
Mr. Himal Tewari	Chief Human Resources Officer and Chief of Sustainability & CSR	N/A	N/A	N/A
Mr. A. S. Bapat	Head of Corporate Legal	N/A	N/A	N/A
Mr. Neeraj Sharma	Chief Engineer	N/A	N/A	1966
Prof. Sunil Sharma	Chief of Strategy, Innovation & Business Collaboration	N/A	N/A	1968

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

The Tata Power Company Limited engages in the generation, transmission, distribution, and trading of electricity in India and internationally. It operates through Generation, Renewables, Transmission and Distribution, and Others segments. The Generation segment generates power from hydroelectric and thermal sources, such as coal, gas, and oil. The Renewables segment generates power from renewable energy sources, which include wind and solar. The Transmission and Distribution segment transmits and distributes electricity; sells power to retail customers through distribution network and related ancillary services. The Others segment offers project management contracts/infrastructure management, and property development services, as well as rents oil tanks. The company also manufactures and sells solar photovoltaic cells and modules, and pumps; operates electric vehicle charging stations and coal mines; generates electricity through waste heat sources; trades in power; and provides engineering, procurement, and construction, as well as logistics services. In addition, it offers microgrid, rooftop solar, and home automation solutions. The company has an installed capacity of 14,110 MW. The Tata Power Company Limited was founded in 1915 and is based in Mumbai, India.

Corporate governance

The Tata Power Company Limited’s ISS governance QualityScore as of 1 May 2024 is 8. The pillar scores are Audit: 7; Board: 6; Shareholder rights: 1; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.