Tata Power's Strategic Engineering Division (Tata Power SED) has received an order from, Ministry of Defence, Govt. of India for the supply of one regiment of Command Post and Launcher of Pinaka Multi Rocket Launcher System (MRLS) to Indian Army. The order worth over Rs. 200 Cr includes supply of 20 Launchers and 8 command posts.

Pinaka Weapon System is one of the first 'Create in India' product designed & developed by Indian Private Industry in association with Armament Research and Development Establishment (DRDO). While this is a remarkable testimony to Govt. of India's 'Make in India' campaign in true spirits, it also provides end-user (Indian Army) an option having faster upgrades, technology refreshes, reduced repair downtime and complete in-country lifecycle support. Tata Power SED had delivered one regiment of Pinaka Launcher and Command Post in the period of 2006 - 2010, which was then inducted in the Army.

Multi-Barrel Rocket Launcher System PINAKA, is an area weapon system which supplements the existing artillery gun at ranges beyond 30 kms, and has a quick reaction time and high rate of fire. Its success has been well documented during Kargil conflict and has earned the confidence of our Indian Armed Forces.

On receipt of the prestigious Order, Rahul Chaudhry, CEO of Tata Power SED said that 'Tata Power SED is proud to be part of successful development of one of the first 'Create in India' products. Being an Indian OEM for this prestigious indigenous system gives us immense pleasure and we take this opportunity to express our sincere gratitude to DRDO for giving us the opportunity to be a partner in its development. After the success of Pinaka, we remain committed to succeed in other Weapon System Development Programs with DRDO on which we are already working on.'

About Tata Power:
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 10477 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 3042 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 185 MW hydro project which is scheduled to be commissioned in 2016; in Australia through investments in enhanced geothermal and clean coal technologies 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, customer 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 05 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 05 December 2016 16:44:06 UTC.

Original documenthttp://www.tatapower.com/media-corner/pressrelease-2016/press-release-05-dec-2016.aspx

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