NEW DELHI — Tata Power Co. 500400.BY -1.40%Thursday said it has renamed its solar-energyventure and appointed a new chief ...
Tata Power Renames Solar Unit, BP Holdings
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Tata Power Renames Solar Unit, BP Holdings

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NEW DELHI — Tata Power Co. 500400.BY -1.40% Thursday said it has renamed its solar-energy venture and appointed a new chief executive for the unit.

Tata BP Solar India Ltd. will now be called Tata Power Solar Systems Ltd., the country’s largest private power company by capacity said in a statement.

The utility had in December signed an agreement to buy BP PLC BP.LN -2.92% unit BP Alternative Energy Holdings’ 51% stake in the joint venture set up in 1989.

Tata Power said it has appointed Ajay Goel as the chief executive of the solar company. Mr. Goel succeeds K. Subramanya, who had resigned in May.

Tata Power Solar is engaged in the engineering and construction of solar-power projects. It also manufactures solar equipment.

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Tata Power Renames Solar Unit, BP Holdings

  1. 1. NEW DELHI — Tata Power Co. 500400.BY -1.40%Thursday said it has renamed its solar-energyventure and appointed a new chief executive for theunit.Tata BP Solar India Ltd. will now be called Tata PowerSolar Systems Ltd., the country’s largest privatepower company by capacity said in a statement.The utility had in December signed an agreement tobuy BP PLC BP.LN -2.58% unit BP Alternative EnergyHoldings’ 51% stake in the joint venture set up in1989.Tata Power said it has appointed Ajay Goel as thechief executive of the solar company. Mr. Goelsucceeds K. Subramanya, who had resigned in May.Tata Power Solar is engaged in the engineering andconstruction of solar-power projects. It alsomanufactures solar equipment.

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