{"id":293403,"date":"2019-09-24T05:27:09","date_gmt":"2019-09-24T05:27:09","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=293403"},"modified":"2019-09-24T05:27:09","modified_gmt":"2019-09-24T05:27:09","slug":"changing-tack-tata-power-set-to-become-a-services-player","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/changing-tack-tata-power-set-to-become-a-services-player\/","title":{"rendered":"Changing tack: Tata Power set to become a services player"},"content":{"rendered":"<p>Like some of its global peers such as US-based Duke Energy or Italian multinational Enel, power producer and distributor Tata Power is looking to morph from a pure-play utility into a customer-focused business.<\/p>\n<p>CEO &amp; MD Praveer Sinha expects renewables and the customer-oriented business \u2014 distribution, rooftop solar, micro-grid and solar pumps, home automation and EV charging \u2014 to contribute about half the company\u2019s revenues in the next five years. Tata Power\u2019s revenues of close to `30,000 crore in 2018-19 came equally from generation, T&amp;D and renewables.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Like some of its global peers such as US-based Duke Energy or Italian multinational Enel, power producer and distributor Tata Power is looking to morph from a pure-play utility into a customer-focused business. CEO &amp; MD Praveer Sinha expects renewables and the customer-oriented business \u2014 distribution, rooftop solar, micro-grid and solar pumps, home automation and EV charging \u2014 to contribute about half the company\u2019s revenues in the next five years. Tata Power\u2019s revenues of close to `30,000 crore in 2018-19 came equally from generation, T&amp;D and renewables.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-293403","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/293403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=293403"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/293403\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=293403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=293403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=293403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}