Tata Power, India’s largest integrated power company, has always endeavored to deliver exemplary performance across the social, economic, and sustainable dimensions of the business. Recognizing this commitment, Tata Power was awarded the prestigious Porter Prize for Excellence in Corporate Integration & Governance. Tata Power was commended for its outstanding performance driven through excellence in corporate integration, superior board room performance and exploring the synergies between different business divisions and governance mechanisms.
Organised by Institute for Competitiveness, India, the Porter Prize 2015 in its fourth edition, continued its legacy of identifying the best corporates across various segments for being an inspirational force for corporates in becoming more strategic and competitive. The award was received on behalf of the organization by Mr. Chetan Tolia, Chief Human Resource Officer, Tata Power.
Speaking on the achievement, Mr. Anil Sardana Managing Director and CEO – Tata Power said, “This is indeed a moment of great pride for Tata Power and we are delighted to have been recognized for our good work at a national platform. The Porter Prize is indeed a commendable recognition which serves as further motivation in our efforts towards being a world class organisation. The Company is committed to delivering excellence across all verticals. I would like to take this opportunity to thank the Porter Prize awards team, and all our employees for their exceptional work which enables us to take our Company to greater heights each day.”
In line with the centenary year commitment of the Company, Tata Power would continue to undertake efficient and sustainable business strategies for the holistic growth and development of its business and its communities.
The Porter Prize India is a prestigious award named after Michael E Porter, professor at Harvard Business School and leading thinker in the field of Strategy. Nearly 30 companies were shortlisted across the eight award categories and the event was attended by CXO’s, top industry leaders, thinkers, and senior executives from corporates, government, and media.
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2014 The Global Indian New Network (TGINN)