Tata Power’s consumer base crosses 2 million milestone in India
Tata Power announced on Thursday that its consumer base has crossed two million in India.
In FY16 Tata Power's consumer base in Mumbai increased to over 6.64 lakh, and in Delhi it went up to over 15.15 lakh consumers, the company said in a statement.
The company stated, “For more than a decade now, Tata Power has been offering affordable power tariff across most consumer categories and the remarkable increase in the company's customer base is evidence of the same.”
In Mumbai, the company added 18,511 direct consumers and 42,157 changeover consumers to its network in 2015-16, growing to a total of 6,64,407 connections.
In financial year 2015-16, Tata Power Delhi Distribution Ltd registered a consumer base of 15.15 lakh spanning across an area of 510 sq km in northern and north-western parts of Delhi, it added.
"...Our growing consumer base speaks of the relationship we share with our customers. We constantly strive to reach new heights through constant innovation and are committed to ensuring that our customers have a great experience," Tata Power MD and CEO Anil Sardana said.
Shares of the company closed down 1.37% at Rs 75.4 on BSE.