Tata Power and the Rockefeller Foundation recently announced the launch of a major new initiative to set up microgrids, which will address one of the most pervasive challenges in modern India: the lack of access to affordable, reliable electricity for millions of rural homes and enterprises.
Tata Power has been relentlessly working to bridge the skilled labour gap in the Indian power sector. In line with this focus, Tata Power, through its skill development endeavor, Tata Power Skill Development Institute (TPSDI) has successfully trained 13,527 people in FY2018, thereby enhancing their employability prospect.
Tata Power, India’s largest integrated power company, has announced that its Renewable business registered a healthy profit while surpassing the 2,000 MW operating capacity mark with another about 500 MW under construction.
Tata Power Renewable Energy (TPREL), India’s largest renewable energy company and Tata Power’s wholly-owned subsidiary, has announced the synchronisation of its 15 MW solar plant at Belampally in Telangana, thereby starting its commercial operations.
As reported, Government auditor Comptroller and Auditor General (CAG) has revealed that the Income Tax Department has provided irregular tax benefits to infrastructure companies without verification. This has a tax effect of over Rs 4,500 crore.