Tata Power Chief Executive Anil Sardana Quits

Tata Power said that its Chief Executive and Managing Director Anil Sardana has resigned from the company effective from April 30, 2018, owing to personal reasons.

"Anil Sardana has submitted his resignation as CEO and Managing Director of the company and as a director of the company, for personal reasons," a Tata Power statement said here.

Sardana, who has over three decades of experience in the power and infrastructure sector, was Managing Director of Tata Teleservices for over three years from 2007 to 2011, and is also on the board of other companies.

Recently, Tata Power announced that Powerlinks Transmission Limited (a joint venture between the Tata Power Company Limited and Power Grid Corporation of India Limited) has been honored with ‘Best in Class Infra Asset South Asian Regional Grid (SARG)’ at 11th Enertia awards. The award is in recognition of company’s excellence in Sustainable energy, Power & Renewables.

Powerlinks Transmission Limited (PTL) imports 1550 MW of power predominantly from 1020 MW TALA Hydroelectric Project which remains the mast-head project of Engineering & Excellence in Construction for the SAARC region in hydropower. PTL was formed with a sole objective of setting up a transmission line between Siliguri in West Bengal to Mandola in Uttar Pradesh (near New Delhi), covering a distance of 1166