OREANDA-NEWS. December 6, 2011. In a significant development, North Delhi Power (NDPL), a joint venture subsidiary of Tata Power and Government of Delhi, which distributes electricity in its licenced area of North and North West Delhi, has been rechristened as “Tata Power Delhi Distribution”.

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

"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 the commitment of joint ventures partners, Tata Power and Government of Delhi to take the distribution reforms to the next orbit,” said Sunil Wadhwa, managing director, Tata Power Delhi Distribution (formerly NDPL).

Speaking on the development, Anil Sardana, managing director, Tata Power, said, “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 the Delhi venture beholds the ‘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 Tata Power 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.