Tata Power launches `Project Suryaprakash` in Maharashtra
Tata Power Company, India`s largest integrated power company today announced the launch of its new community initiative “Project Suryaprakash.“ Under this project, Tata Power Community Development Trust (TPCDT) successfully installed HLS for resident of two villages namely Limbarvadi and Bhadaskonda of the Mulshi region in Pune, Maharashtra.
The two villages will receive electricity for the first time due to this initiative. The project is one of the initiatives to facilitate the implementation of NABARD scheme of solar energy based home lighting system (HLS). The Project is being backed by the technological support of Tata BP Solar, a Tata Power (Q,N,C,F)* group company.
The uniqueness of this project is that the entire funding, training, operations and maintenance is being done by the villagers themselves and TPCDT has only been a facilitator by tying up with NABARD for Government Subsidy and Bank for loans.
Speaking on the occasion S. Padmanabhan, chairman, TPCDT and executive director-operations, said “This year, Project Suryaprakash aims to light up 1000 households of various communities in Maharashtra. We look forward to the support of various stakeholders which will be instrumental in fulfilling the lighting requirements of the targeted number of households.“
Shri Bhau Margade, deputy sarpanch, Limbarvadi Village said “We are thrilled and everyone is waiting for the day when we will get the connection. We have been living without electricity since ages and the Home Lighting Systems (HLS) will give a new zeal to our life. We sincerely thank TPCDT for this wonderful gift.“
Shri Janardhan Gore, deputy sarpanch, Bhadaskonda Village said “We were so used to darkness in our life that we rarely hoped to get out of it. We are thankful to TPCDT, that they have selected us as the first village for their project.“
Shares of the company declined Rs 0.9, or 1%, to settle at Rs 89.25. The total volume of shares traded was 339,528 at the BSE (Tuesday).