Tata Power’s Centenary Year celebrations culminate with commitment to Nation Building

Tata Power has announced that it has culminated the Company’s centennial celebrations with the commitment to light up the lives of future generations. The Company, having successfully served the nation for over 100 years, achieved yet another milestone:the 450 MW of hydro power has been successfully commissioned in the centenary year, reinforcing the company’s focus on clean power. Tata Power will now aspire to add upto 40% generation capacity through non-fossil options to its incremental portfolio.

The gala evening was honoured by the presence of ShriDevendraFadnavis, Chief Minister of Maharashtra; Shri Chandrashekar Bawankule, Minister of New and Renewable Energy, Maharashtra; Mrs. SnehalAmbedkar, Mayor of Mumbai along with Mr. Cyrus Mistry, Chairman – Tata Group.A special message by Shri Piyush Goyal, Union Minister of Power, was also played during the evening.

The evening’s celebrations, which began with an invocation dance performance by differently abled children, included the introduction of a new corporate anthem incorporating the essence of the company - sustainability and value creation. Encapsulating 100 years of Tata Power’s contribution to the nation, a book by renowned author Mr. Anil Dharker was also released. The evening also saw unveiling of a coffee table book on Tata Power.

In his special message to Tata Power, Shri DevendraFadnavis, Hon’ble Chief Minister of Maharashtra, said,“I would like to congratulate Tata Power on completing 100 successful years of its journey. I think this is the time to salute the legendary Shri Jamshedji Tata who lit the lives of millions, and has been doing the same for more than hundred years now by providing clean, affordable and abundant power to all. We are now moving towards clean power for all. When we talk of ‘Make in India’ at a time when the entire world economy is looking at India as a new investment destination, the most important thing is power. I am sure Tata Power,with their core values and business principles,can accomplish this dream of ‘Make in India’ through all its ventures and endeavors. TheTatas have always been ahead of time”.

Addressing the gathering, Mr. Cyrus Mistry,Chairman, Tata Group,commented, “It is a matter of great pride to all of us that Tata Power has completed 100 years of operations. Tata Power has been a shining example of a pioneering company. This coupled with execution excellence has helped Tata Power successfully navigate the past 100 years. A hallmark of this has been seeing Tata Power becoming a byword of reliability in Mumbai. I am sure that Tata Power will continue to set standards in the coming decades. I wish Tata Power all the very best in the next century.”

Commenting on the special occasion, Mr. Anil Sardana, Managing Director, Tata Power,underscored the company’s commitment to India. He said, “The Tata Group has always believed in committing towards nation-building. Taking forward the group’s commitment, Tata Power in last one year has achieved significant milestones which aids towards nation building. Inspired by the vision of its founder, Late Shri Jamshetji N Tata, the company has served the nation by providing clean, cheap and abundant power as one of the basic ingredients for the economic progress of the country.With a focus towards a greener future, Tata Power remains committed to lighten up lives for the years to come.”

“In our mission towards achieving 20-25 per cent of our portfolio from ‘clean power sources’, werenewedour focus on renewable energy capacity addition and restructured our renewable energy assets by consolidating under Tata Power Renewable Energy Limited (TPREL).”continuedMr. Sardana.

Honouring the contribution of the different stakeholders who have played a part in this significant journey, Tata Power also delivered on the special initiatives which they had set out for the centenary year. 

• Care for Environment and Nation Building through clean, cheap and abundant power: In this centenary year, the company successfully achieved the milestone of developing 450 MW of clean power through hydel. Additionally, the company also crossed 500 MW of wind energy portfolio.Through its unique initiative on energy and resource conservation, Tata Power Club Enerji,the company restructured and strengthened its programme by committing towards nation building. The programme broadening its horizons and introduced various critical facets to widen the scope of the existing module and make it expansive (with deeper penetration in India and internationally). It is looking to contribute towards nation building by creating responsible citizens who will focus not only on conserving energy and natural resources (like fossil fuel-coal, oil, gas, water, managing waste, afforestation) but also imbibe civic and moral values.

• Tata Power, in its efforts towards care for environment, launched ‘Act for Mahseer’, a sustainable programme focused at conservation of the Mahseer, an endangered species of fish.‘Act for Mahseer’ is a call to action public campaign aimed at spreading awareness about the mighty Mahseer to help preserve this valuable fish species at a national level.

• Care for Customers:The Centenary year included a bouquet ofinnovative and unique initiatives for Tata Power customers by launching a LED tube light programme for its residential consumers in Mumbai to encourage them to adopt energy efficient lights, thereby, saving power.

• Tata Power also launchedthe ‘Be Green’ initiative under the aegis of Greenolution to unify consumers in the green movement. The initiative will also motivate consumers to associate with and contribute to ensuring a greener and sustainable planet in a more integrated fashion.

• Care for Communities: In line with its nationalistic spirit, Tata Power inaugurated the Tata Power Skill Development Instituteat the Tata Power Trombay Thermal Power Plant.TheTrombaycentre is aimed at benefitting over 600 power sector workers through various power-skills training programs and bridging the skills gap that exists across the value chain to help build a capable workforce. TPSDI will be targeting to skill 5100 trainees in the next threeyears and 61400 by 2022. Undertaking this monumental responsibility, TPSDI has employed a 360 degree approach for the holistic development of workers in power-skills encouraging them to reach their full potential. The strategic modular programmeswill train, test, certify and accredit the workers to bridge the skills gap. In addition, as a special centenary year contribution, Tata Power has identified several new CSR programs for community development in the areas of sustainable livelihood, healthcare, infrastructure development and afforestation.

• Tata Power further implemented a holistic growth and developmental plan for 56 villages through its ‘Model Village Development Programme’. The programme will be rolled out to the 56 villages, across 7 states in a phased manner and will have real time monitoring, mid-term and final socio-economic evaluation to analyse the outcome and impact of the development projects.

• Further to generating revenues for the business, Tata Power’s plants have also facilitated the overall development of the communities living around its areas of operations. Tata Power has undertaken many programmes in order to inculcate sportsman spirit and create healthy competition amongst youngsters.

• Care for people: One of the unique offerings for Tata Power employees and the public included launch of a unique employee engagement initiative to celebrate International Day for Biological Diversity (IDB) on May 22nd as proclaimed by the United Nations and to increase understanding and awareness of biodiversity issues.

• The company also launched its digital interface by launching ‘Tata Power Suraksha’, a safety mobile app for its employees. Designed to foster high-level engagement and provide a user-friendly experience, the app aims at reporting and tracking any unsafe practice / scenarios.

The Company also took this opportunity to thank million of its stakeholders - customers, investors, shareholders, employees and associate-partners who were the invisible force behind its 100 years of institution building.