Tata Power has installed over 3 lakh smart meters in Delhi and Mumbai during the first quarter (Q1: April to June) of FY23.
In a statement, Tata Power said that during Q1 of FY23, it installed 2.9 lakh smart meters in Delhi and 60,000 such meters in Mumbai. A smart meter rollout drive has also been initiated across all the four discoms in Odisha.
Here are some other highlights of Tata Power’s transmission and distribution business during Q1 of FY23:
- Completed acquisition of 100 per cent of stake in NRSS XXXVI Transmission Ltd on 4th April through Resurgent Power
- NCLT approval received by Resurgent for acquisition of 100 per cent stake in South- East UP Power Transmission Company Ltd
- Added 18,102 Green Consumers having annualized consumption of 194 MUs in Mumbai
- Tata Power-DDL, a joint venture of Tata Power and the Government of Delhi, completed two decades of successful operations on July 1, 2022
- Tata Power-DDL successfully managed to meet an all-time high peak load of 2,172 MW on June 28, 2022
- SCADA control centre operationalized at TPWODL
- Uniform Mobile Application launched for all Odisha Discoms to track and manage interruptions like PSD, ESD, BD, and Supply Failures at 33KV and 11KV
- Powerlinks managed Drone-based patrolling of 225 critical towers across Northern and Eastern Regions and also digitised O&M patrolling process across its seven sites
Also read: Tata Power Solar Commissions 450-Mw Solar Project For Brookfield Renewables
Commenting on the company’s performance during Q1 of FY23, Dr Praveer Sinha, CEO & MD, Tata Power, said, “We have started the new fiscal year on a solid note with all of our business clusters – Generation, Transmission, Distribution, including Odisha, and Renewables – performing very well. This is aptly reflected in our 11th consecutive quarter of PAT growth. We have a robust growth trajectory with stable long-term cost structures and competitiveness across businesses. We are offering a wide range of energy services across the entire value chain along with cutting-edge technologies and superior project execution capabilities. As a future-ready EaaS company, we are well poised to contribute towards India’s green energy transition.”
