Tata Power approves reappointment of Praveer Sinha as CEO and MD

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er approved the re-appointment of Praveer Sinha as the Chief Executive Officer and Managing Director of the company.

An Overview of the News

• Sinha's reappointment is for a period of four years from May 1, 2023 to April 30, 2027, subject to the approval of the members of the company.

• Under Sinha's leadership, Tata Power is transforming itself into a sustainable, technology-oriented and customer-centric green energy solutions company.

• Sinha holds a PhD from the Indian Institute of Technology, Delhi, and is a Visiting Research Associate at the Massachusetts Institute of Technology (MIT), Boston, USA.

About Tata Power

• It is an Indian power utility company headquartered in Mumbai, Maharashtra. It is a part of the Tata Group, a conglomerate with a wide range of businesses.

• The company is involved in several sectors of the power sector including generation, transmission and distribution of electricity.

• Tata Power's generation capacity includes thermal, hydro, solar and wind power. In addition, the company has invested in new and renewable energy sources such as the development of solar and wind power plants.

• Tata Power's transmission network covers over 1,100 circuit kilometres and provides electricity to over 2.6 million customers across multiple cities including Mumbai, Delhi and Ajmer.

• In 2021, it was named India's most admired power company by Fortune India.