Jan 25: Tata Power Company Ltd (TPCL), India’s largest integrated power company, on Thursday said that it has been announced as the Joint Winner in the category – ‘Best Risk Management Framework & Systems – Power’, at the 4th Edition of ‘The India Risk Management Awards’.
Commenting on this achievement, Anil Sardana, CEO & Managing Director, Tata Power, said, “we are humbled to receive the award. The India Risk Management award is a reflection of our commitment to drive innovation across processes including managing risks. It is very encouraging to see that our efforts recognized and appreciated at the prestigious ceremony. We will continue to work towards building our capabilities on risk management, business continuity and disaster mitigation.”
The CNBC TV18 India Risk Management Award, organised by ICICI Lombard and CNBC TV18, is an event which witnesses the coming together of the entire management whose prime focus is mitigating risk. The awards provide a unique platform that honours the organisations and teams that have developed the best risk management practices and capabilities across business categories.
Tata Power shares closed trading in red at Rs 90.15, down 1.69% from the previous closing of Rs 91.70, on BSE today.