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Tata Power is becoming a consumer-centric company rather than just being a power producer: Praveer Sinha, CEO & MD

ur losses from Mundra stood at Rs 1,700 crores last year and it will be brought down by Rs 500 crore this year, says Praveer Sinha, CEO & Managing Director, Tata Power Co. Ltd. During an interview with Swati Khandelwal, Zee Business, Mr Sinha said, “disinvestment of Cennergi in South Africa, which is in the signing stage, will garner more than $100 million to Tata Power”. Edited Excerpts:Q: The problems of the power sector persist, and the sector is struggling despite the government announcing schemes to support it. What are your plans to address the problem and how difficult has been this period for you?A: Correctly said that the power sector is facing certain problems and it is not 2-3 years old issue, but it has been present in the secto.....

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