Tata Power announces appointment of Mr. Praveer Sinha as its new Chief Executive Officer & Managing Director
Mumbai: Tata Power today announced the appointment of Mr. Praveer Sinha as the firm’s new Chief Executive Officer and Managing Director with effect from 1st May 2018 to oversee the next phase of expansion of India’s leading energy and infrastructure player.
Mr. Sinha is currently the CEO & Managing Director of Tata Power Delhi Distribution Limited (Tata Power-DDL). Tata Power-DDL is a Public Private Partnership (Joint Venture) between Tata Power and Government of National Capital Territory of Delhi, supplying power to over seven million people in North and North-West Delhi.
Mr. Sinha has over three decades of experience in the power sector and has been credited with transforming the power distribution sector and development and setting up of greenfield and brownfield power plants in India and abroad.
Mr. N. Chandrasekaran, Chairman, Tata Power, said: “Praveer’s extensive experience in the power sector and his ability to drive performance, maximise returns and work seamlessly with stakeholders will be very valuable for Tata Power as it looks to strengthen and expand its position in fast-evolving energy market.”
“Tata Power is among the oldest and most iconic companies in the Tata group and it is my privilege to lead such an institution. I look forward to working with all our stakeholders and employees to take this company on its next stage of growth,” said Mr. Praveer Sinha.
Mr. Sinha holds a Master’s Degree in Business Law from National Law School, Bengaluru and is also professionally trained as an Electrical Engineer. He is also a member of the Faculty Board at Faculty of Management Studies [FMS], and a member of Board of Governors at the Indraprastha Institute of Information Technology, Delhi. He is a Research Scholar at the Indian Institute of Technology Delhi and is also a visiting Scholar at Massachusetts Institute of Technology, Boston, USA.
About Tata Power:
Tata Power is India’s largest integrated power company with a growing international presence. The Company together with its subsidiaries and jointly controlled entities has an installed gross generation capacity of 10757 MW and a presence in all the segments of the power sector viz. Fuel Security and Logistics, Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading. It has successful public-private partnerships in Generation, Transmission and Distribution in India namely “Tata Power Delhi Distribution Limited” with Delhi Vidyut Board for distribution in North Delhi, ‘Powerlinks Transmission Ltd.’ with Power Grid Corporation of India Ltd. for evacuation of Power from Tala hydro plant in Bhutan to Delhi and ‘Maithon Power Ltd.’ with Damodar Valley Corporation for a 1050 MW Mega Power Project at Jharkhand. Tata Power is serving more than 2.6 million distribution consumers in India and has developed the country’s first 4000 MW Ultra Mega Power Project at Mundra (Gujarat) based on super-critical technology. It is also one of the largest renewable energy players in India with a clean energy portfolio of 3417 MW. Its international presence includes strategic investments in Indonesia through a 30% stake in the leading coal company PT Kaltim Prima Coal (KPC), 26% stake in mines at PT Baramulti Suksessarana Tbk (“BSSR”); in Singapore through Trust Energy Resources to securitize coal supply and the shipping of coal for its thermal power generation operations; in South Africa through a joint venture called ‘Cennergi’ to develop projects in sub-Sahara Africa; in Zambia through 50:50 joint venture with ZESCO for 120 MW Hydro which has become operational in 2016; in Georgia through AGL which is a joint venture with Clean Energy, Norway & IFC for development of 187 MW hydro project and in Bhutan through a hydro project in partnership with The Royal Government of Bhutan. With its track record of technology leadership, project execution excellence, world class safety processes, customer care and driving green initiatives, Tata Power is poised for a multi-fold growth and committed to ‘lighting up lives’ for generations to come”. Visit us at: www.tatapower.com