Tata Power, India's largest integrated power company is a pioneer in the application of innovation and technology for the benefits to its consumers. In line with this commitment, Tata Power has become the first power utility in Mumbai to print Dynamic Bharat QR codes on its power supply bills for enabling its consumers to make payments conveniently.

Consumers, upon receipt of their bills, can now scan the QR code with any of their Mobile Banking Apps and pay without any hassle. The bill details including the amount to be paid will be displayed on the Mobile App and then the consumer can authorize the payment through his/her debit/credit card within a few seconds and his/her bill will be paid instantaneously.

Though this functionality of bill payments through Bharat QR code has been introduced in other utilities in the country however Tata Power is the First Power Utility in Mumbai to print the DynamicBharat QR codes on its power supply bills. Incidentally, Tata Power was the First Power Utility in India to launch DynamicUPI-Linked QR codes on its power supply bills for bill payments in Mumbai. The option to pay through the Dynamic Bharat QR code or Dynamic UPI QR Code is already available on Tata Power's customer web portal i.e. cp.tatapower.com.

The basic differentiator between the Bharat QR payment functionality and the UPI linked QR code payment functionality (through UPI enabled Mobile Banking Apps) is that, in case of Bharat QR, payments can be authorized through Debit/ Credit Card and in case of UPI linked QR, payments can be authorized through the Bank Accounts. However, in both the cases, the consumer details such as consumer number and bill number will be auto captured and post transaction a system generated unique transaction receipt for consumer will be available instantly.

Tata Power Consumers in Mumbai can pay their electricity bills through Government of India initiated avenues such as Bharat Interface for Money (BHIM) App, Bharat Bill Payment System (BBPS), Dynamic Bharat or UPI linked QR Codes, RuPay Credit & Debit Cards, Net Banking,e-Wallets, National Automated Clearing House (NACH), Online fund transfer (NEFT/ RTGS, IMPS), etc.

Commenting on this development, Mr. Ashok Sethi, COO & ED, Tata Power, said, 'We, at Tata Power are constantly working to harness the use of technology to improve our overall consumer service and experience. With this, Tata Power will revolutionise electricity bill payments in the city. The service will provide safer payment options to the consumers and contribute to the financial inclusion in the country. Tata Power is confident that it will prove to be a great addition to their overall stakeholder experience and we will remain committed to providing quality and uninterrupted power to our consumers.'

Tata Power is India's largest integrated power company with a growing international presence. The Company together with its subsidiaries and jointly controlled entities has an installed gross generation capacity of 10757 MW and a presence in all the segments of the power sector viz. Fuel Security and Logistics, Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading. It has successful public-private partnerships in Generation, Transmission and Distribution in India namely 'Tata Power Delhi Distribution Limited' with Delhi Vidyut Board for distribution in North Delhi, 'Powerlinks Transmission Ltd.' with Power Grid Corporation of India Ltd. for evacuation of Power from Tala hydro plant in Bhutan to Delhi and 'Maithon Power Ltd.' with Damodar Valley Corporation for a 1050 MW Mega Power Project at Jharkhand. Tata Power is serving more than 2.6 million distribution consumers in India and has developed the country's first 4000 MW Ultra Mega Power Project at Mundra (Gujarat) based on super-critical technology. It is also one of the largest renewable energy players in India with a clean energy portfolio of 3417 MW. Its international presence includes strategic investments in Indonesia through a 30% stake in the leading coal company PT Kaltim Prima Coal (KPC), 26% stake in mines at PT Baramulti Suksessarana Tbk ('BSSR'); in Singapore through Trust Energy Resources to securitize coal supply and the shipping of coal for its thermal power generation operations; in South Africa through a joint venture called 'Cennergi' to develop projects in sub-Sahara Africa; in Zambia through 50:50 joint venture with ZESCO for 120 MW Hydro which has become operational in 2016; in Georgia through AGL which is a joint venture with Clean Energy, Norway & IFC for development of 187 MW hydro project and in Bhutan through a hydro project in partnership with The Royal Government of Bhutan. With its track record of technology leadership, project execution excellence, world class safety processes, consumer care and driving green initiatives, Tata Power is poised for a multi-fold growth and committed to 'lighting up lives' for generations to come'. Visit us at: www.tatapower.com

Tata Power Company Limited published this content on 21 February 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 21 February 2018 10:10:01 UTC.

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