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22 Jan 2018 -Dhanbad and Ranchi Tata Power's Maithon Power Limited bestowed with Central Board for Irrigation & Power Award 2018

~Maithon Power Limited awarded as the ‘Best Performing Utility
in Thermal Power Sector’ ~

Tata Power, India’s largest integrated power company, has always been a pioneer in implementing state of the art technology in its operations. Recognising the efforts, Maithon Power Limited (MPL), the Company's 74:26 joint venture with Damodar Valley Corporation (DVC), has been bestowed with CBIP (Central Board for Irrigation & Power) Award 2018 for “Best Performing Utility in Thermal Power Sector”.

The award was handed over to the CEO MPL Mr. Purushottam Thakur, CEO, MPL on CBIP Day at the SCOPE Convention Centre, SCOPE Complex, Lodhi Road, New Delhi. Shri Raj Kumar Singh, Hon’ble Minister of State (I/C) for Power and New & Renewable Energy along with Shri Arjun Ram Meghwal and Dr. Satya Pal Singh, Hon’ble Ministers of State, Ministry of Water Resources, River Development & Ganga Rejuvenation, graced the occasion as Guests of Honour.

MPL is conferred upon with the award for its outstanding contribution to the nation by setting new benchmark in generation & maintenance practices, excellence in Engineering and use of latest state of art technologies and smart solutions.

Speaking on the achievement, Mr. Purushottam Thakur , Chief Executive Officer - Maithon Power Ltd, said, “We, at Tata Power have always strived hard in implementing the best of technologies across our operations and have set standards for others to emulate. The Central Board for Irrigation & Power Award 2018 for ‘Best Performing Utility in Thermal Power Sector’ is another recognition for Maithon Power Limited that underscores our ability. We take this opportunity to thank the entire team of Maithon Power Limited for working towards the success.”

The Central Board for Irrigation & Power Award 2018  adds another feather to MPL’s hat which also stands tall as the only fully operational PPP (Public Private Partnership) mode  thermal power station of the state of Jharkhand.

About Tata Power:

Tata Power is India’s largest integrated power company with a growing international presence. The Company together with its subsidiaries and jointly controlled entities has an installed gross generation capacity of 10699 MW and a presence in all the segments of the power sector viz. Fuel Security and Logistics, Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading. It has successful public-private partnerships in Generation, Transmission and Distribution in India namely “Tata Power Delhi Distribution Limited" with Delhi Government for distribution in North Delhi, 'Powerlinks Transmission Ltd.' with Power Grid Corporation of India Ltd. for evacuation of Power from Tala hydro plant in Bhutan to Delhi and 'Maithon Power Ltd.' with Damodar Valley Corporation for a 1050 MW Mega Power Project at Jharkhand. Tata Power is serving more than 2.6 million distribution consumers in India and has developed the country’s first 4000 MW Ultra Mega Power Project at Mundra (Gujarat) based on super-critical technology. It is also one of the largest renewable energy players in India with a clean energy portfolio of 3310 MW. Its international presence includes strategic investments in Indonesia through a 30% stake in the leading coal company PT Kaltim Prima Coal (KPC), 26% stake in mines at PT Baramulti Suksessarana Tbk ("BSSR"); in Singapore through Trust Energy Resources to securitize coal supply and the shipping of coal for its thermal power generation operations; in South Africa through a joint venture called ‘Cennergi’ to develop projects in sub-Sahara Africa; in Zambia through 50:50 joint venture with ZESCO for 120 MW Hydro which has become operational in 2016; in Georgia through AGL which is a joint venture with Clean Energy, Norway & IFC for development of 187 MW hydro project and in Bhutan through a hydro project in partnership with The Royal Government of Bhutan. With its track record of technology leadership, project execution excellence, world class safety processes, customer care and driving green initiatives, Tata Power is poised for a multi-fold growth and committed to 'lighting up lives' for generations to come”. Visit us at: www.tatapower.com