Summary

About the business

“Tata Power Firm Limited” is a Mumbai-based Indian power generation company that is a
part of the TATA Group. The company's primary purpose is to create, transfer, and distribute
power.

Tata Power is India's biggest integrated power provider, having a total installed capacity of
10,577 megawatts (MW). Tata Power was placed third in the 2017 Responsible Business
Rankings issued by IIM Udaipur. Tata Power was the first Indian business to provide more
than 1 GW of solar modules in 2017. Tata Power is a multinational corporation with
operations in India, Indonesia, Singapore, Bhutan, and South Africa.

Tata Power Group has 35 sites throughout India. "Trombay in Mumbai, Mundra in Gujarat,
Jojobera and Maithon in Jharkhand, Kalinganagar in Odisha, Haldia in West Bengal, and
Belgaum in Karnataka" are the locations of its thermal power plants.

Wind farms and hydro stations are located in Maharashtra's Western Ghats, including wind
farms at Ahmednagar, Supa, Khanke, Brahmanwel, Gadag, Samana, and Visapur. At
Trombay, the firm erected India's first 500 MW unit, as well as the first 150 MW pumped
storage unit and a flue gas desulphurization plant for pollution control, and at Bhira, the
company installed India's first 150 MW pumped storage unit. It has generating capacity in
Jharkhand and Karnataka, as well as a distribution firm in Delhi that serves more than one
million clients throughout 510 square kilometres of North Delhi. The peak load in this region
is 1,150 MW. Tata Power announced the commissioning of the second 525 MW unit of the
Maithon mega thermal project in Dhanbad on July 24, 2012. The first unit of the same
capacity went into operation in September 2011.

Large-scale power plants

Mundra Ultra Mega Power Plant is a megawatt-scale power plant in Mundra, India. Mundra,
Gujarat's Kutch district, has a coal-fired thermal power plant. This plant is up and running.

Thermoelectric power station at Trombay. Near Trombay, there is a thermal power plant.

Maithon Power Plant is a coal-fired thermal power plant located in Maithon, Dhanbad,
Jharkhand. This plant is up and running. Maithon Power Limited, a joint venture between
Tata Power and Damodar Valley Corporation, owns this power facility.

Jojobera Power Plant is a power plant in Jojobera, Australia. Coal-fired thermal power station
in Jojobera, Jharkhand's East Singhbhum district. This plant is up and running.
Operation in other countries

The company's overseas projects in the Middle East, Africa, and Southeast Asia include the
Jebel Ali 'G' station in Dubai, Al-Khobar II and Jeddah III in Saudi Arabia, Shuwaikh in
Kuwait, EHV substations in the UAE and Algeria, and power plant operation and
maintenance contracts in Iran and Saudi Arabia. In Kamchatka Krai, Far Eastern Natural
Resources LLC, a Russian subsidiary of Tata Power, holds a coal mining licence.

SED (Mumbai) was established in 1967 and is currently a prominent development

organisation that has pioneered indigenous design and development of a number of high–tech
systems for Defense and Industry.

The industrial complex, which was established in 1982, is located in Bangalore.

Power Supply to Mumbai Consumers - Direct Marketing Central and Western Railways,
Mumbai Port, refineries, textile mills, fertiliser factories, BARC, Municipal Corporation
water pumping units, and other significant continuous process businesses get electricity
directly from the Company.

Tata Power also has competence in the following areas: Power Projects and Related Services
Developing Self-Contained Power Plants (IPP)

Putting Together Captive Power Plants (CPP)

Power Transmission and Distribution Projects

Services for maintenance and operation (O&M Services)

Tata Power owns and operates a 1200 circuit-kilometer high-voltage transmission network
(220 kV and 110 kV).

• Distribution Business - Tata Power has a 935 km HT and LT cable distribution network in
its Mumbai License area, linking 17 major receiving stations and roughly 85 substations.

The company's history

Tata Power is regarded as one of the major power firms in the private sector today. Tata
Power, formerly Tata Electric, was one of the first companies in India to break through the
limits of power generating. With the name "Tata Hydroelectric Power Supply Corporation,"
the company was established in 1911. The "Tata Hydroelectric Power Supply Business" and
the "Andhra Valley Power Supply Company" were amalgamated into one company in 1916.
As previously said, the corporation is regarded as one of the leading actors in the private
power industry in the contemporary world. The firm is based in Mumbai, but it has intentions
to expand outside the city to become a major national player. Not only that, but the firm also
intends to broaden its horizons by dabbling in the realms of energy and broadband
communication.

The first power plant in India was a hydroelectric facility built by Tata Power at Khopoli in
1915. (72 MW). The second hydroelectric plant (75 MW) was built at Bhivpuri in 1919,
while the third plant in Bhira was built in 1922. (300 MW). Tata Power is recognised as a
major participant in the nation because of its several power projects, including a 1,350 MW
thermal power plant in Trombay, Mumbai; a 475 MW power plant in Jamshedpur,
Jharkhand; and an 87 MW thermal power plant in Belgaum.

Tata Power has about 2785 MW of installed generating capacity around the nation. The firm
has emerged as a pioneer in the Indian power sector, with a track record of excellence in
production, customer service, and consistent development. Tata Power is involved in all
aspects of the power business, including generation, transmission, and distribution (thermal,
hydro, solar, wind, and liquid fuel).

Tata Power, as previously said, is one of India's pioneers in energy production, inspired by a
daring vision. It has been servicing Mumbai consumers for over ninety years and has grown
its reach across the nation. In addition to Mumbai and Delhi, the corporation has generating
capacity in Jojobera, Jharkhand, and Karnataka.

Tata Power, formerly known as Tata Electric, was the first company in India to generate
electricity nine decades ago. In 1911, the firm was founded as the Tata Hydroelectric Power
Supply Company, but in 1916, it was renamed after the merger of two companies, the Tata
Hydroelectric Power Supply Company and the Andhra Valley Power Supply Company. It is
now the country's biggest private power utility, having started as a licensee in Mumbai and
with ambitious intentions to grow from a mostly Mumbai–centric company to a significant
national player in electricity, energy, and broadband communication.

In 1915, Tata Power commissioned India's first power plant, a 72-MW hydroelectric station
in Khopoli, followed by a 75-MW hydroelectric station in Bhivpuri in 1919, and a 300-MW
hydroelectric facility in Bhira in 1922. Tata Power is India's biggest integrated private power
firm and the most reliable power provider to Mumbai, with these three hydro plants plus a
1,350 MW thermal power station in Trombay, Mumbai; a 475 MW power station near
Jamshedpur in Jharkhand; and an 87 MW thermal power plant in Belgaum.

With about 2785 MW of installed generating capacity, Tata Power Company Limited is
India's biggest private sector power company. With a track record of excellence, customer
service, and steady expansion, the firm has emerged as a pioneer in the Indian electricity
market. Tata Power operates in all areas of the power industry, including generation (thermal,
hydro, solar, wind, and liquid fuel), transmission, and distribution.

Tata Power, India's biggest private sector power provider, has a reputation for reliability built
up over almost nine decades. The company is looking forward to another year of steady
growth, increased customer value, and consistent power delivery.

Tata Power pioneered the production of energy in India, guided by a bold vision. It has been
serving Mumbai customers for over ninety years and has expanded its influence throughout
the country. It is now the biggest private participant in the industry in the nation. The firm has
generating capacity in Jojobera, Jharkhand, and Karnataka, in addition to Mumbai and Delhi.

The Mumbai power business, which has a unique blend of Thermal and Hydro Power
produced at the Thermal Power Station, Trombay, and the Hydro Electric Power Stations at
Bhira, Bhivpuri, and Khopoli, accounts for 1797 MW of Tata Power's installed power
producing capacity. Its broad production capabilities enables the firm to provide low-cost
energy, providing its customers more bang for their buck.

Accolades & Achievements

The installation and commissioning of India's first 500 MW unit (at its Thermal Power
Generating Station, Trombay), the 150 MW Pumped Storage Unit at its Hydro Generating
Station, Bhira, and environmental control systems such as the Flue Gas Desulphurisation
plant are just a few of Tata Power's many accomplishments.

For the 1200 km Tala Transmission Project, Tata Power has formed a first-of-its-kind joint
venture with Power Grid Corporation of India.

The following is a list of recent awards that Tata Power has received.

"At the Investor Relations Society Awards 2020, Tata Power takes up the 'Best ESG
Disclosure' Award in the Midcap category."

"At the CII National 3M Competition-2021, held by CII IQ, TPM Club India, Tata Power got
a Platinum Award."

"At the CII National Kaizen Competition-2021, held by CII IQ, TPM Club India, Tata Power
earned 5 Platinum and 5 Gold Awards."

"At the 6th Edition of India Risk Management Awards, Tata Power was rewarded with two
awards: 'Best Risk Management Framework & Systems Award - Power & Risk Governance
Award' and 'Best Risk Management Framework & Systems Award - Power & Risk
Governance Award."

Directors' Board of Directors

According to the Board, the existing composition of the Board establishes an appropriate mix
of knowledge, skills, experience, diversity, and independence. The Board offers leadership,
strategic advice, objective and independent opinions to the Company's management while
performing its fiduciary obligations, ensuring that the management adheres to high standards
of ethics, openness, and disclosure. On a regular basis, the Board evaluates the need for
changes in its composition and size.

Tata Power's board of directors is made up of some of the country's best brains. The board of
directors is made up of 10 people. The following are the details:

“Chairman: Mr. N. Chandrasekaran;

Dr. Praveer Sinha is the CEO and Managing Director of the company.
Mr. Anjali Bansal
Mr. Vibha Padalkar;
Mr. Sanjay V. Bhandarkar;
Mr. K. M. Chandrasekhar;
Mr. Hemant Bhargava;
Mr. Ashok Sinha”