Tata Power identifies key markets with eye on international growth

Tata Power identifies key markets with eye on international growth Tata Power, India's largest integrated power company is one of the prominent Indian power company that’s aspiring to build international presence. With a strong project execution experience, the company is successfully executing several overseas projects. Showcasing its robustness and its strong abilities, Tata Power has prioritised four key regions for international play – Africa, Southeast Asia, the Middle East, SAARC (India region). The company aspires to identify growth areas in international geographies to further expand its presence and strengthen its portfolio globally. Commenting on its international presence, Anil Sardana, CEO and MD, Tata Power said, “We have created four regions — India and SAARC, Southeast Asia, Middle East cum Turkey and Africa. We have deployed resources in each of these four regions to constantly update ourselves with the market dynamics and scout for opportunities. Our allocation strategy is simply to invest in the regions and in specific projects where we have all the clearances and are able to mitigate risks to achieve the threshold returns. In addition, Tata Power continues to evaluate various opportunities for providing management and technical advisory services in distribution business including possible partnerships in shortlisted geographies of interest.”