Tata Power shines on starting natural ester filled power transformer in Mumbai Transmission Network
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Tata Power Company is currently trading at Rs. 93.35, up by 1.15 points or 1.25% from its previous closing of Rs. 92.20 on the BSE.
The scrip opened at Rs. 92.75 and has touched a high and low of Rs. 96.30 and Rs. 91.60 respectively. So far 2747217 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 114.95 on 15-Mar-2021 and a 52 week low of Rs. 27.00 on 12-May-2020.
Last one week high and low of the scrip stood at Rs. 106.70 and Rs. 89.95 respectively. The current market cap of the company is Rs. 30036.19 crore.
The promoters holding in the company stood at 46.86%, while Institutions and Non-Institutions held 36.96% and 16.17% respectively.
Tata Power is committed towards ensuring safety and sustainability for its stakeholders, environment and the community. In line with this commitment, Tata Power has announced the commissioning of India’s largest natural ester filled 110 /33 / 22 kV, 125 MVA power transformer in the Mumbai Transmission network at the BKC receiving station in active collaboration with ABB and Cargill.
The natural esters used in these transformers have a high fire point (350 degree Celsius) and eliminate the risk of fire. The fluid is made from a carbon neutral renewable resource, is biodegradable, nontoxic and nonhazardous in soil and water. This fluid allows designing the transformer with increased capacity and reduced carbon footprint, making it an ideal solution for congested cities like Mumbai, as opposed to conventional mineral oil filled transformers.
Tata Power is India’s largest integrated power company.
