Tata Power JV signs MoU with Havells India

Tata Power Delhi Distribution (TPDDL), a joint venture between Tata Power and the Government of NCT of Delhi, has signed a memorandum of understanding (MoU) with Havells India.

The scope of the MoU is to ensure safety of users against hazards of electric leakage and to strengthen the distribution of electrical protection devices in North and North-Western parts of Delhi.

Both the companies have also planned an extensive awareness and training program to encourage adoption of proper installation of circuit protection devices-ELCB and MCB.

Tata Power Company is India’s largest integrated power company with a growing international presence. The company, together with its subsidiaries and jointly controlled entities, has presence in all the segments of the power sector viz. Fuel Security and Logistics, Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.

The shares of Tata Power on Wednesday had opened at Rs. 65.70 against Tuesday’s close of Rs. 66.25. At closing hours, the stock was trading at Rs. 63.65, shedding 3.29 per cent from its previous close. The stock hit an intraday high of Rs. 66.45 and intraday low was Rs. 62.90. Its 52-week high was Rs. 86.15 and 52-week low was Rs. 50.40 per share on the BSE.