Tata Power - wikipedia Tata Power Tata Power Type Public Company Traded as NSE : TATAPOWER BSE : 500400 BSE SENSEX Constituent CNX Nifty Constituent Industry Electric utility Founded 1910 ; 107 years ago ( 1910 ) Founder Dorabji Tata Headquarters Mumbai, Maharashtra, India Key people S Padmanabhan ( Chairman ) Anil Sardana ( CEO and MD ) Atul Trivedi ( President ) Products Electrical power Natural gas Services Electricity generation and distribution natural gas exploration, production, transportation and distribution Revenue ₹ 36,461 crore ( US $5.7 billion ) ( 2016 ) Operating income ₹ 5,615 crore ( US $880 million ) ( 2016 ) Net income ₹ 873 crore ( US $140 million ) ( 2016 ) Number of employees 4,126 Parent Tata Group Subsidiaries Tata Power Renewable Energy Limited Website www.tatapower.com The Tata Power Company Limited is an Indian electric utility company based in Mumbai, Maharashtra, India and is part of the Tata Group. The core business of the company is to generate, transmit and distribute electricity. With an installed electricity generation capacity of 10,577 MW, it is India 's largest integrated power company. At the end of August 2013, its market capitalisation was $2.74 billion ( INR 182 billion ). Tata Power has been ranked 3rd in 2017 Responsible Business Rankings ( 1 ) developed by IIM Udaipur. In February 2017, Tata Power became the first Indian company to ship over 1 GW solar modules. Contents 1 History 2 Operations 2.1 Major power plants 2.2 International operations 2.3 Strategic Engineering Division 3 Problems 4 Future projects 5 Shareholding 6 Awards and recognition 7 See also 8 References 9 External links History The firm started as the Tata Hydroelectric Power Supply Company in the year, 1910, which amalgamated with the Andhra Valley Power Supply Company in 1916. It commissioned India 's Second hydro - electric project in 1915 in Khopoli for 72 MW. Then second and third power plants were installed in Bhivpuri ( 78 MW ) in 1919 and Bhira ( 300 MW ) in 1922. Operations Tata Power has operations in India, Singapore, Indonesia, South Africa and Bhutan. Tata Power Group has its operations based in 35 locations in India. The thermal power stations of the company are located at Trombay in Mumbai, Mundra in Gujarat, Jojobera and Maithon in Jharkhand, Kalinganagar in Odisha, Haldia in West Bengal and Belgaum in Karnataka. The hydro stations are located in the Western Ghats of Maharashtra and the wind farms in Ahmednagar, Supa, Khanke, Brahmanwel, Gadag, Samana and Visapur. The company installed India 's first 500 MW unit at Trombay, the first 150 MW pumped storage unit at Bhira, and a flue gas desulphurization plant for pollution control at Trombay. It has generation capacities in the States of Jharkhand and Karnataka, and a distribution company in Delhi, servicing over one million consumers spread over 510 square km in the North Delhi. The peak load in this area is about 1,150 MW. Tata Power announced on 24 July 2012, commissioning of the second unit of 525 MW capacity of the Maithon mega thermal project in Dhanbad. The first unit of identical capacity was commissioned in September 2011. Major Power plants Mundra Ultra Mega Power Plant. A 4,000 MW ( 5 × 800 MW ) coal - based thermal power plant at Mundra, Kutch district, Gujarat. This plant is fully functional. Trombay Thermal Power Station. A 1,580 MW thermal power plant at Trombay, near Mumbai, Maharashtra. This plant is fully functional. Maithon Power Plant. A 1,050 MW ( 2 × 525 MW ) coal - based thermal power plant at Maithon, Dhanbad district, Jharkhand. This plant is fully functional. This power plant is owned by Maithon Power Limited a 74 : 26 joint venture between Tata Power and Damodar Valley Corporation. Jojobera Power Plant. A 427.5 MW ( 67.5 MW and 3 × 120 MW ) coal - based thermal power plant at Jojobera, near Jamshedpur, East Singhbhum district, Jharkhand. This plant is fully functional. International operations The company has executed overseas projects in the Middle East, Africa and South East Asia including the Jebel Ali ' G ' station ( 4 × 100 MW + desalination plant ) in Dubai, Al - Khobar II ( 5 × 150 MW + desalination plant ) and Jeddah III ( 4 × 64 MW + desalination plant ) in Saudi Arabia, Shuwaikh ( 5 × 50 MW ) in Kuwait, EHV substations in UAE and Algeria, and power plant operation and maintenance contracts in Iran and Saudi Arabia. Strategic Engineering Division The firm 's Strategic Engineering Division ( SED ) has engaged in defence systems and engineering for over four decades. It works with the MoD and laboratories to provide products and solutions for the defence requirements of the country. It has already cleared the Joint Receipt Inspection ( JRI ) for the first two lots of Pinaka launchers and command posts ; the third and fourth lots have successfully undergone factory acceptance tests. Tata Power 's Strategic Electronics Division won a tightly contested Rs. 1,000 - crore contract for modernising 30 Indian Air Force airbases. Problems In cause of dramatically higher coal prices as assumed in the plannings and a fixed price arrangement the Mundra plant in 2012 made big losses. After three successive years of losses as a result, cash flow was becoming an issue for the company. In January 2014 the company sold a 30 percent stake in Indonesian coal company PT Arutmin for $500 million. In July 2014 it signed an option to sell a 5 percent stake in Indonesian coal company Kaltim Prima Coal for $250 million. Future projects Tata Power has a 51 : 49 joint venture with PowerGrid Corporation of India for the 1,200 km ( 750 mi ) Tata transmission project, India 's first transmission project executed with public - private partnership financing. Tata Power has plans to expand generation capacity of 4,000 MW Mundra plant, the country 's first operational ultra mega power project, to 5,600 MW. The company has also a 74 : 26 joint venture with Damodar Valley Corporation for 1,050 MW coal - based thermal power plant at Maithon in Dhanbad district of Jharkhand, named as Maithon Power Limited. The both units are commissioned on July 24, 2012. It has another a 74 : 26 joint venture with Tata Steel Limited for thermal power plants to meet the captive requirements of Tata Steel, under name Industrial Energy Limited. Tata Power has announced its partnership with Sunengy an Australian firm to build India 's first floating solar plant based on Liquid Solar Array technology. In 2016, Tata Power made significant inroads into the renewable energy market in India by means of its acquisition of Welspun Renewables, for a record price of $1.3 billion, the largest acquisition in the Indian renewables sector. Shareholding As on 31 March 2013, Tata Group held 32.47 % shares in Tata Power. Around 210,000 individual shareholders hold approx. 14 % of its shares. Life Insurance Corporation of India is the largest non-promoter shareholder in the company with 12.90 % shareholding. Shareholders Shareholding Promoters : Tata Group companies 32.47 % Foreign Institutional Investors 24.53 % Insurance Companies 21.59 % Individual shareholders 14.08 % GDRs 3.22 % Others 4.11 % The equity shares of Tata Power are listed on the Bombay Stock Exchange, where it is a constituent of the BSE SENSEX index, and the National Stock Exchange of India, where it is a constituent of the S&P CNX Nifty. Its Global Depository Receipts ( GDRs ) are listed on the London Stock Exchange and the Luxembourg Stock Exchange. Awards and recognition Tata Power 's Singapore - based subsidiary Trust Energy Resources was conferred the ' International Maritime Awards 2013 ' by the Singapore Government. The award grants the company tax exemption for shipping operations, besides incentives. Tata Power won two awards at the Power Line Award 2013 : Best Performing Private Discom ' award for its Delhi distribution arm Tata Power Delhi Distribution Limited and Runners up award for ' Best Performing Renewable Company '. Trombay Thermal Power Station received Greentech Safety Award 2011 in the gold category ( in thermal power sector ) for Safety Management. In 2011, Tata Power was conferred the BML Munjal award for excellence in learning and development for the year 2011. Tata Power won the award in private sector category. See also Kundali River -- Kundli Pumped Storage Plan Solar power in India Maharashtra Electricity Regulatory Commission Companies portal Energy portal Sustainable Development portal References Jump up ^ `` Tata Power Company Ltd. - Company Info - Management ''. Economic Times. Retrieved 1 September 2013. ^ Jump up to : `` Annual Report 2012 - 13 '' ( PDF ). Tata Power. Retrieved 1 September 2013. ^ Jump up to : `` Business Responsibility Report for FY 2012 - 13 '' ( PDF ). Tata Power. Retrieved 1 September 2013. Jump up ^ https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=171010834 Jump up ^ http://www.tatapower.com/contact.aspx Jump up ^ `` About Us - Profile ''. Tata Power. Retrieved 1 September 2013. Jump up ^ `` Fact sheet - General Background ''. Tata Power. Retrieved 1 September 2013. Jump up ^ Debjoy Sengupta ( 24 August 2016 ). `` Tata Power enhances generation capacity by 9 per cent ''. news. The Economic Times. Retrieved 24 August 2016. Jump up ^ `` Tata Power - Profile ''. www.tatapower.com. Retrieved 27 May 2016. Jump up ^ Thakkar, Mitul ( 4 April 2014 ). `` Adani Power becomes India 's largest private power producer ''. The Economic Times. Retrieved 8 September 2014. ^ Jump up to : `` Tata Power eyes stronger overseas presence ''. Business Standard. 23 June 2013. Retrieved 1 September 2013. Jump up ^ `` Market capitalisation of Tata companies as on August 29, 2013 ''. Tata Group. 30 August 2013. Retrieved 1 September 2013. Jump up ^ Bureau, BS B2B ( 7 February 2017 ). `` Tata Power Solar becomes first Indian firm to ship out 1 GW solar modules ''. Business Standard India. Retrieved 9 March 2017. Jump up ^ Sunila Kale. Electrifying India : Regional Political Economies of Development. Stanford University Press ; 9 April 2014 ( Retrieved 4 March 2017 ). ISBN 978 - 0 - 8047 - 9102 - 1. p. 72. Jump up ^ Kirk Tyson. Competition in the 21st Century. CRC Press ; 18 June 1996 ( Retsrieved 4 March 2017 ). ISBN 978 - 1 - 57444 - 032 - 4. p. 173. Jump up ^ `` Tata Power Company Ltd. ''. NDTV.com. Retrieved 1 September 2013. Jump up ^ `` History : Our Legacy ''. Tata Power. Retrieved 1 September 2013. Jump up ^ `` Tata Power, SN Power announce their partnership to set up hydro power projects in India & Nepal ''. Business Standard. 30 October 2009. Retrieved 1 September 2013. ^ Jump up to : `` Power Projects ''. Tata Power. Retrieved 1 September 2013. Jump up ^ `` Trombay plant 's 500MW unit modernisation by ' 15 : Tata Power ''. moneycontrol.com. 16 December 2012. Retrieved 1 September 2013. Jump up ^ `` Profile - Tata Power Delhi Distribution ''. Tata Group. Retrieved 1 September 2013. Jump up ^ `` Tata Power 's second unit of Maithon project on stream ''. 25 July 2012. Jump up ^ `` Tata Power has mega core plans ''. Economic Times. 7 February 2008. Retrieved 1 September 2013. Jump up ^ `` Tired of delays, Tata Power turns to overseas for expansion ''. Times of India. 29 July 2012. Retrieved 1 September 2013. Jump up ^ `` Sustainability Report 2008 - 09 - Tata Power '' ( PDF ). Tata Power. Retrieved 1 September 2013. Jump up ^ `` Strategic Engineering Division ( SED ) ''. Tata Power. Retrieved 1 September 2013. Jump up ^ `` Centre for Excellence in Strategic Electronic ''. Tata Power SED. Retrieved 1 September 2013. Jump up ^ `` Tata Power announces standalone and consolidated Q2 FY 2010 - 11 results '' ( PDF ). 12 November 2010. Retrieved 1 September 2013. Jump up ^ `` Multi-million - dollar defence contracts get brighter for India Inc ''. Economic Times. 17 April 2011. Retrieved 1 September 2013. Jump up ^ http://www.business-standard.com/article/markets/analysis-tata-power-s-umpp-woes-112053000140_1.html Jump up ^ `` CLoss making Tata Power to sell 5pc stake in Indonesian coal mine ''. India Gazette. Retrieved 5 July 2014. Jump up ^ `` Tata Power inks deal with Australian co for floating solar units ''. The Hindu. 22 March 2011. Retrieved 1 September 2013. Jump up ^ `` Media releases - Sunengy, Australia, partners with Tata Power to build the first floating solar plant in India ''. Tata Group. 22 March 2011. Retrieved 1 September 2013. Jump up ^ `` Tata Power to build India 's first floating solar plant ''. moneycontrol.com. 22 March 2011. Retrieved 1 September 2013. Jump up ^ http://www.thehindubusinessline.com/companies/tata-power-arm-completes-acquisition-of-welspun/article9108020.ece Jump up ^ `` Shareholding Pattern as on 31st March 2013 ''. Tata Power. Retrieved 1 September 2013. Jump up ^ `` Tata Power Co. Ltd. ''. BSEindia.com. Retrieved 1 September 2013. Jump up ^ `` Scripwise Weightages in S&P BSE SENSEX ''. BSE India. Retrieved 31 August 2013. Jump up ^ `` Tata Power Company Limited ''. NSE India. Retrieved 1 September 2013. Jump up ^ `` Download List of CNX Nifty stocks (. csv ) ''. NSE India. Retrieved 31 August 2013. Jump up ^ `` TPCL Tata Power Company Limited GDR ( each representing 1 ordinary share ) ''. London Stock Exchange. 27 July 2009. Retrieved 31 August 2013. Jump up ^ `` TataPower GDS 09 ne ''. Luxembourg Stock Exchange. 28 July 2009. Retrieved 1 September 2013. Jump up ^ `` Tata Power raises $335 mn through GDRs ''. Times of India. 23 July 2009. Retrieved 1 September 2013. Jump up ^ `` Share Trading ''. Tata Power. Retrieved 1 September 2013. Jump up ^ `` Award for Tata Power arm ''. The Hindu. 16 April 2013. Retrieved 1 September 2013. Jump up ^ `` Achievements and Awards ''. Tata Power. Retrieved 1 September 2013. Jump up ^ Safety Award 2011ww.tatapower.com/sustainability/awards.aspx `` Sustainability Awards '' Check url = value ( help ). Tata Power. Retrieved 1 September 2013. Jump up ^ `` Tata Power gets green award ''. DNA. 8 April 2011. Retrieved 1 September 2013. Jump up ^ `` BML Munjal award for excellence ''. Times of India. 29 April 2011. Retrieved 1 September 2013. External links Official website Tata Power at SourceWatch Tata Group Divisions and subsidiaries Cromā The Indian Hotels Company Gateway Ginger Taj Hotels Resorts and Palaces TajAir Tata Advanced Systems Tata Business Support Services Tata Chemicals British Salt Tata Chemicals Europe Tata Chemicals Magadi Tata Communications VSNL International Canada Tata Consultancy Services CMC Tata Research Development and Design Centre Tata Elxsi Tata Global Beverages Eight O'Clock Coffee Good Earth Tea Tata Coffee Tetley Tata Housing Development Company Tata Interactive Systems Tata Investment Corp Tata Motors Jaguar Land Rover Tata Daewoo Tata Hispano Tata Power Tata Power Solar Tata Power SED Tata Steel Tata Steel Europe Tayo Rolls Tata Technologies Tata Teleservices Titan Industries Tanishq Trent Star Bazaar Westside Voltas Tata CLiQ Joint ventures AirAsia India ( 41 % ) Tata AIA ( 74 % ) TATA AIG ( 74 % ) Tata McGraw - Hill Vistara ( 51 % ) Tata Sky ( 80 % ) Tata Starbucks ( 50 % ) Tata DoCoMo ( 74 % ) Virgin Mobile India ( 74 % ) Telcon Construction Solutions ( 40 % ) Shareholdings Piaggio Aero ( 33.3 % ) People Jamsetji Tata Ratanji Dadabhoy R Gopalakrishnan Dorabji Tata Nowroji Saklatwala J.R.D. 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Question: who was the founder of tata hydro power company
Answer: Dorabji Tata