In a significant development, North Delhi Power Limited a Joint Venture subsidiary of TATA Power and government of Delhi, which distributes electricity in its licensed area of North and North West Delhi, has been rechristened as “Tata Power Delhi Distribution Limited.”

Mr Adi Engineer chairman of TATA Power Delhi Distribution Limited (formerly NDPL) said that “The new name signifies our renewed commitment to continue providing our consumers with excellent services as we enter the tenth year of our operations.”

Mr Sunil Wadhwa MD of TATA Power Delhi Distribution Limited (formerly NDPL) said that “We have had a trailblazing journey, and in just over nine years, NDPL has turned around the power distribution scenario in Delhi. The name change at this juncture exhibits commitment of joint ventures partners, Tata Power and Government of Delhi to take the distribution reforms to the next orbit.”

Speaking on the development, Mr Anil Sardana MD of TATA Power said that “ We are proud of the achievements of our distribution JV in Delhi, which is a benchmark in public private partnership in distribution. We look forward to its continued success. We would ensure that the Team at Delhi venture beholds ‘TATA Power’ brand with continued responsibility and high standards of governance.”

The company, under the new name, continues to operate in its area of distribution as per the current structure of 51:49 shareholding as a joint venture between The Tata Power Company Ltd. and Government of Delhi. The change of name has been approved by the Board and Shareholders of the joint venture company and also been approved by the Registrar of Companies, Ministry of Corporate Affairs, government of India.