Padmanabhan moves from TCS to Tata Power

Mumbai, February 5, 2008: The Tata Power Company Limited today announced the appointment of Mr. S. Padmanabhan as Executive Director (Operations) with effect from February 6, 2008. In his role as E.D. (Operations), Mr. Padmanabhan will be responsible for all the Company's Operations, including the Mumbai Licence Area business and also the Maharashtra Projects. Prior to this assignment, Mr. Padmanabhan was the Executive Director & Head Global Human Resources of Tata Consultancy Services Limited (TCS).

Mr. Padmanabhan joined TCS in 1982 as a trainee and progressed into various roles. He headed the Application Software and Maintenance Practice (2001-2002), the Delivery Centre at Sholinganallur, Chennai (1998-2000) and the Airline Industry Practice (1999-2000). He was also CEO of Aviation Software Development Consultancy, a Joint-Venture between TCS and Singapore Airlines (1996-1998), and Country Manager for TCS Switzerland (1993-1996). He took a lead role in the IPO of TCS and demonstrated a strong grasp of finance fundamentals by contributing significantly in TCS' road show during the IPO. Since 2003, he has been heading the Global Human Resources function of TCS. In September 2007, he was elevated to the post of Executive Director.

Mr. Padmanabhan brings in rich experience in large-scale project build up and delivery, and is highly acclaimed for global sourcing and value creation in operational efficiencies. 49 years old, he is a gold medalist in Electronics and Communication Engineering from PSG College of Technology, Coimbatore, Tamil Nadu, as well as a Glaxo gold medalist for the Marketing stream from the Indian Institute of Management, Bangalore.

Tata Power also announced the appointment of Mr. Banmali Agrawala as Executive Director (Strategy and Business Development) with effect from February 15, 2008. Mr. Agrawala is currently the Managing Director of Wartsila India Limited (Wartsila).

Mr. Agrawala joined Wartsila in 1987 and held several senior positions in his tenure. He was the Vice-President, Power Plants, Wartsila (2000-2003) and the Vice-President, Sales, Wartsila (1998-2000). Prior to Wartsila, he was with Bajaj Auto Limited in Research and Development division (1984 to 1987).

44 years old and a Mechanical Engineer from Manipal Institute of Technology, Mr. Agrawala brings with him a deep understanding of the Indian power industry as well as the global renewables business. He has 23 years of professional experience in the industry and has held several senior positions in industry bodies. He is currently the Deputy Chairman, CII-Western Region and was the Chairman of Power Committee, Western Region, CII in 2006.

About Tata Power

Tata Power is India's largest private sector power utility with an installed generation capacity of over 2300 MW and a presence in all the segments of the power sector viz Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading. The Company has successful public-private partnerships in Generation, Transmission and Distribution - "North Delhi Power Limited" with Delhi Vidyut Board for distribution in North Delhi, 'Powerlinks Transmission Ltd.' with Power Grid Corporation of India Ltd. for evacuation of Power from Tala hydro plant in Bhutan to Delhi and 'Maithon Power Ltd.' with Damodar Valley Corporation for a 1050 MW Mega Power Project at Jharkhand. It has recently acquired 30% stake in Coal Companies at Indonesia and is developing the first 4000 MW Ultra Mega Power Project at Mundra (Gujarat) based on super-critical technology. With its track record of technology leadership, customer care and redefining contours of the Indian power sector, Tata Power is poised for a five-fold growth and committed to 'lighting up lives' for generations to come.