08-03-2022 11:39 AM | Source: Accord Fintech
Tata Power gains on signing MoU with JLL India
News By Tags | #657 #572 #467

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Tata Power Company is currently trading at Rs. 233.10, up by 0.50 points or 0.21% from its previous closing of Rs. 232.60 on the BSE.

The scrip opened at Rs. 232.30 and has touched a high and low of Rs. 237.40 and Rs. 231.85 respectively. So far 740434 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.00 on 07-Apr-2022 and a 52 week low of Rs. 121.75 on 23-Aug-2021.

Last one week high and low of the scrip stood at Rs. 237.40 and Rs. 216.90 respectively. The current market cap of the company is Rs. 74467.39 crore.

The promoters holding in the company stood at 46.86%, while Institutions and Non-Institutions held 25.12% and 28.01% respectively.

Tata Power Company has signed a Memorandum of Understanding (MoU) with JLL India to promote green energy solutions in the realty space. Under the collaboration, both the companies will jointly evaluate opportunities across JLL India’s clients’ portfolios to extend Tata Power's Green Energy solutions. Tata Power will also work with JLL India to support the transition of their existing offices in the country into Green Energy power hubs.

Tata Power will provide quality, reliable and cost-effective renewable energy through Open Access Solutions. In addition to this, seamless and consumer-friendly metering and billing solutions using smart meters will be installed in all the properties. These smart meters will be equipped with data analytics that monitors real-time consumption along with consumption prediction and will help customers to optimise energy usage. Additionally, the company will also install solar rooftops, which will not only help in providing clean and green energy consumption but also help in savings in energy bills. To aid in a smart lifestyle, the company will also provide IoT-based, voice/appcontrolled automation-based energy management solutions.

Tata Power Company is India’s largest integrated power company.