Maithon Power (MPL), a joint venture (JV) between Tata Power and Damodar Valley Corporation, has ranked third in plant load factor (PLF) among independent power producers (IPPs) for the period April-December 2023, according to the Central Electricity Authority (CEA).
PLF serves as a metric for measuring the efficiency and performance of a power plant. MPL has additionally attained the fourth position in PLF for December 2023 among IPPs, showcasing its operational excellence and leadership within the industry.
In December 2023, MPL received commendation from the Eastern Region Load Despatch Centre for its exceptional management of reactive power at its 1,050 MW Maithon plant. This commendation is particularly noteworthy as it contributes to maintaining grid stability, a crucial aspect, especially with the growing integration of renewable energy into the power system.
Committed to operational excellence, technological innovation, and sustainable energy practices, MPL aspires to empower India's future in a reliable and efficient manner. Furthermore, MPL has been honored with the Platinum Award for Environmental Excellence by the Indian Chamber of Commerce (ICC) for its exceptional performance in sustainable practices during the 2022-2023 period.
Tata Power Company is India’s largest integrated power company.
| Company Name | CMP |
|---|---|
| NTPC | 321.25 |
| Tata Power | 365.50 |
| Power Grid Corp | 298.65 |
| Adani Power | 549.30 |
| Torrent Power | 1422.90 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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