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Tata Power Company Limited (via Public) / Tata Power warns customers against the fraudulent sale of fake LED Bulbs in the name of the company

01/22/2021 | Press release | Distributed by Public on 01/22/2021 03:21
Tata Power warns customers against the fraudulent sale of fake LED Bulbs in the name of the company
Tata Power, India's largest integrated power utility, today, issued an advisory against the fraudulent sale of LED Bulbs in the name of the company. This advisory is in reference to the recent incident occurred with Tata Power Delhi Distribution (Tata Power-DDL) wherein an unidentified person was sighted selling fake labelled LED Bulbs illegally under Tata Power's name.
The person was seen selling a fake pack of 4 LED Bulbs priced at Rs. 100. He was observed and questioned by an employee of the company who also captured the entire activity on his phone, post which the person fled from the incident and is still absconding. Tata Power-DDL has filed a police complaint and will be initiating a legal action against the fraudster for this nefarious act.

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Tata Power share hits 52-week high on buying stake in two firms

Tata Power share hits 52-week high on buying stake in two firms
Following the recent updates, Tata Power share opened with a gain of 3.24% at Rs 84.50 and later climbed 3.36% to the intraday high of Rs 84.6 on BSE against the earlier close of Rs 81.85
BusinessToday.In | January 8, 2021 | Updated 16:03 IST
The stock also touched an intraday low of Rs 82.65 during today's session
Tata Power share rose over 9% intraday in Friday's session and touched a 52-week high of Rs 84.60 after the company said it acquired 51% stake each in TP Southern Odisha Distribution Limited (TPSODL) and TP Western Odisha Distribution Limited (TPWODL).
Following the recent updates, Tata Power share opened with a gain of 3.24% at Rs 84.50 and later climbed 3.36% to the intraday high of Rs 84.6 on BSE against the earlier close of Rs 81.85. The stock also touched an intraday low of Rs 82.65 during today's session.

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Tata Power takes over power distribution in Western and Southern Odisha from 1st January 2021 onwards

Tata Power takes over power distribution in Western and Southern Odisha from 1st January 2021 onwards
Posted On:
2021-01-07 05:05:35
(Time Zone: Arizona, USA)
Tata Power, India's largest integrated power utility, today, announced that it has taken over the management and operations of WESCO and SOUTHCO upon completion of sale process. Now, WESCO and SOUTHCO will operate under the company name as TP Western Odisha Distribution Limited (TPWODL) and TP Southern Odisha Distribution Limited (TPSODL) respectively. As per order issued by the Odisha Electricity Regulatory Commission (OERC), Tata Power holds 51 percent of equity with management control and the State-owned GRIDCO will have the remaining 49 percent equity stake in the company.

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