Maithon Power Ltd., a 74:26 joint venture between Tata Power & Damodar Valley Corporation (DVC), has been relentlessly working towards the development and welfare of the communities living in and around its operational areas. Under its Dhaaga initiative, Maithon Power Limited (MPL) in collaboration with Amarkutir Society for Rural Development, has started a handicraft training & production center for Women Artisans from the peripheral villages of the project.
This venture aims to uplift the livelihood of the community women and foster their holistic development. The women artisans at the center make hand-woven crafts made of Tiger Grass, a perennial grass native to the Indian Subcontinent. With a monthly income of Rs. 500 – 700, more than five women are associated with initiative. MPL markets these products in a boutique at Asansol and Amarkutir Society for Rural Development to make these women financially independent.
Speaking on the occasion, Mr. Purushottam Thakur, CEO & ED, MPL shared, “Tata Power has always been a front-runner in launching initiatives that empower women by making them economically and socially strong. The Dhaga initiative is a testament to our vision of making women independent and brings us a step closer to fulfilling it. It brings us immense joy to witness their journey of becoming self-reliant individual.”
Since 2013, Maithon Power Limited has undertaken initiatives for skill development and production activities that help these women artisans become self-dependent and support their households financially.
Tata Power is India’s largest integrated power company and, together with its subsidiaries & jointly controlled entities, has an installed capacity of 10857 MW. A pioneer in the field, it has a presence across the entire power value chain: Generation of renewable as well as conventional power including hydro and thermal energy; transmission & distribution, trading and coal & freight logistics. With renewable energy assets in solar and wind accounting for 22% of the company's portfolio, Tata Power is a leader in clean energy generation. In line with the company's view on sustainable and clean energy development, Tata Power is steering the transformation of utilities to integrated solutions by looking at new business growth in EV charging & storage, distributed generation & rooftops, microgrids and home automation & smart meters.
It has successful public-private partnerships in generation, transmission & distribution in India namely: ‘Tata Power Delhi Distribution Ltd.’ with Delhi Vidyut Board for distribution in North Delhi; 'Tata Power Ajmer Distribution Ltd.' with Ajmer Vidyut Vitran Nigam Ltd. for distribution in Ajmer; 'Powerlinks Transmission Ltd.' with Power Grid Corporation of India Ltd. for evacuation of Power from Tala hydro plant in Bhutan to Delhi; '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.
With growing international focus, Tata Power's global presence includes strategic investments in Indonesia through a 30% stake in the coal company PT Kaltim Prima Coal (KPC); 26% stake in mines at PT Baramulti Suksessarana Tbk (BSSR); in Singapore through Trust Energy Resources; in South Africa through a joint venture called ‘Cennergi’ to develop projects in sub-Sahara Africa; in Zambia through a 50:50 joint venture with ZESCO for 120 MW Hydro project; in Georgia through AGL which is a joint venture with Clean Energy, Norway & IFC for development of 187 MW hydro project; in Bhutan through a hydro project in partnership with The Royal Government of Bhutan.
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