All subsidiaries and plants of Tata Power have reported robust performance: Praveer Sinha, CEO & MD


All subsidiaries and plants of Tata Power have reported robust performance: Praveer Sinha, CEO & MD

All parameters performed well in the last fiscal and we expect to keep it up in the new fiscal as well”, says Praveer Singh, CEO & Managing Director, Tata Power Co. Ltd. During an interview with Swati Khandelwal, Zee Business, Singh said that “220 MW capacity was added in the renewable segment and additional 400 MW capacity will be added in the next fiscal”. Excerpts:

Q: PAT has reduced by 92%, and you have incurred an impairment charge of Rs1886 crore. What’s the reason for taking such impairment?

A: All the parameters have performed well, and I expect that we will be able to continue with the steady performance that we saw in the year Read more

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