Posted in Operations & IT Articles, Total Reads: 2423
, Published on 24 January 2014
Tata is one of the most reputed brands in India. The Tata groups has high respect and regard in the Indian business scenario. The Tata group has diversified businesses and is one of the world’s leading business groups. Tata Motors, Tata Steel, Tata Consultancy Services (TCS) etc are one of the biggest names in their respective industries. However, apart from these there is another major industry where the Tata Group has its presence felt and that is Tata Power.
Tata Power is the business unit of Tata Group which is into power generation and distribution. Started in 1911 as Tata Thermal Power Ltd, it has over the years become the backbone of many industries, business complexes, housing societies etc. Tata Power uses various ways of generating power i.e. thermal, hydro, wind, solar energies etc. As of 2011, Tata Power generates around 2977 MW of power of which approximately 2000 MW is generated at the Trombay power plant itself.
Over the years, Tata power has become an influential and integral part in the growth of industries and businesses across India, specially Mumbai, Gujarat, Karnataka and West Bengal. In Mumbai itself, Tata Power is the backbone of power which is being supplied across the financial capital. From the Mumbai suburban railways to BEST, from BMC water purifying plants to Bandra-Kurla complex, from housing societies to upcoming business industries, all of them work on the power supplied by the Tata Group. Having power plants in Maharashtra, Karnataka and West Bengal, the power is distributed to many states across India.
Apart from its presence in India, Tata Power is present abroad across various countries for power generation. Malaysia, Saudi Arabia, Kuwait, Singapore, Cyprus etc are some places where Tata Power has made its presence felt. Despite having a comparatively small employee workforce of 3000-odd employees, the skills of each employee is of the highest level thereby having a high output from the human resources.
The growth plans for Tata Group are only going to help it becoming a larger brand and one of the most dominant forces in the power sector in India. Some of the main plans for Tata Power which would change the power sector scenario are discussed below:
Tata Power would be setting up the Mundra Power Plant which would have a capacity of 4000MW. With such a high generation of power from a single power plant, Tata Power would become one of the most prolific power generation companies across the world.
At the Damodar Valley Project, Tata Power along with Tata Steel, having an alliance of 74:26, there would be power generation of the order of 1050MW.
Tata Power would also take major leaps in the solar energy generation sector. Along with Australian energy giant Sunengy, Tata Power would be creating the floating solar plant to tap the abundantly available low-cost solar energy. If implemented successfully, it could be a milestone in the power sector in the Indian history.
Industries, office complexes, housing societies etc would always keep on growing especially in emerging economies. In a dynamic and prosperous country like India, the need for more and more power would constantly increase. And one name which would stand tall in delivering power and energy in lighting up the new young India would be Tata Power.
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