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Tata Power Solar now launches an extensive residential rooftop solution at Bangalore

Posted On: 2019-01-26 08:49:47

Tata Power Solar, India's largest solar energy company, and Tata Power's wholly-owned subsidiary has launched a complete residential rooftop solution in Bangalore today. Senior dignitaries from the government and key decision makers from the corporate industry also graced the launch event with their presence. The residential rooftop solutions are expected to save up to Rs 50,000 annually for 25 years.

Tata Power Solar expertise on developing strong consumer relationship by providing quality products, world class customized solutions and extensive service support has helped in exceeding customer satisfaction. Tata Power Solar brings forth India's most trusted and dependable rooftop solution. A votary of reducing carbon footprint, Tata Power Solar's residential rooftop solution decreases use of diesel generators, hence leading to more fuel savings. Apart from this, the consumers can avail a chance to earn from their idle rooftop space. To further, ease the beneficiaries' expenses, the proposition comes with government subsidy. The company already has a robust 150+ sales and service channel partners across India, which provides its valuable consumers with financing options.

Tata Power Solar comes with a successful background of executing World's largest Rooftop at a single location and India's largest carport at Cochin International Airport. Recently, Tata Power Solar joined hands with Cricket Club of India and installed the World's largest solar powered Cricket Stadium Mumbai, in a record period of 100 days.

Commenting on the initiative, Mr. Praveer Sinha, MD & CEO, Tata Power, said, "After the successful launch of residential rooftop solution at Delhi, Mumbai, Ajmer, Bhubaneswar and Gandhinagar, we are happy to offer solar rooftop to generate easy and cost effective solutions to all Bangalore customers. We urge all Karnataka customers to take full benefit of this service."

Speaking on the occasion, Mr. Ashish Khanna, President, Tata Power (Renewables), said, "It is our endeavor to provide knowledge of commercial benefits as well as quality aspects of solar roof top installation to our residential consumers. We are hopeful that with initiatives like these and our offering of cost-effective rooftop solutions, we will help consumers in energy conservation as well as savings in power costs. This will also achieve our Company's objective of always remaining No. 1 rooftop player in India."

Safety is as an important aspect of this installation. The company ensures that work happens safely and effectively to prolong the life of the system. The residential rooftop segment will further strengthen the Company's leadership position in solar rooftop segment, along with being key growth drivers in inspiring environment-friendly energy solutions. The Company recently launched this solution in Delhi, Mumbai, Bhubaneshwar, Ajmer and Gandhinagar has received a great response from residential segment. Renewables are the new growth area, which will bring greater value and will align with the changing consumer needs.

Shares of TATA POWER CO.LTD. was last trading in BSE at Rs.73.95 as compared to the previous close of Rs. 74.6. The total number of shares traded during the day was 1210680 in over 1469 trades.

The stock hit an intraday high of Rs. 75.25 and intraday low of 73.45. The net turnover during the day was Rs. 90475443.


Source: Equity Bulls

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