WebinarsNew
Deep DiveNew
Explore Business Standard
Tata Power board on Monday approved raising of up to Rs 4,500 crore through non-convertible debentures or other debt securities in one or more currencies on a private placement basis. The funds raised will be utilised among other things for refinancing of existing loans, an exchange filing stated. According to the filing, the Board of Directors at its meeting held on Monday has approved issuance in one or more series/tranches, non-cumulative, redeemable, taxable, listed, and rated securities in the form of NCDs/bonds/other debt securities up to an aggregate amount not exceeding Rs 4,500 crore (Debt Securities) or its equivalent in one or more currencies on a private placement basis. The proposal was earlier approved by shareholders at the annual general meeting held on July 4, 2025.
Tata Power on Monday said it has received a Letter of Award (LoA) from the Solar Energy Corporation of India Ltd (SECI) to supply 324 MW of power from its 1,000 MW Pumped Hydro Storage Project (PSP) at Bhivpuri in Maharashtra. The project was awarded under SECI's tariff-based global competitive bidding for the supply of 1,500 MW / 12,000 MWh of power from pumped hydro storage projects being set up in the country, a company statement said. The project was secured through an e-reverse auction. It has a 40-year Pumped Storage Purchase (PSP) agreement and is scheduled for commissioning by 2029. The project will be developed under the Build, Own, Operate (BOO) model and will provide 8 hours of energy storage, enabling reliable supply of electricity during peak demand periods. It will be connected to the 765/400 kV South Kalamb Central Transmission Utility (CTU) Substation through the Inter-State Transmission System (ISTS). The SECI's award further strengthens Tata Power's position in .
Tata Power Renewable Energy Ltd (TPREL) on Friday said it has successfully commissioned its 100.8 MW Jewali Wind Project in Dharashiv district, Maharashtra. The facility will supply electricity to Tata Power Mumbai Distribution, helping compliance with Renewable Purchase Obligation targets and supporting the transition to a more sustainable and environmentally responsible utility, it stated. The project comprises 28 SG 3.6-145 Wind Turbine Generators, based on advanced horizontal-axis wind turbine technology. The facility is expected to generate approximately 299 million units (kWh) of clean electricity annually. The project is expected to offset nearly 245 million kg of CO emissions every year, based on an estimated emissions reduction of 0.82 kg of CO per unit of electricity generated, making a significant contribution towards decarbonisation and enhancing Tata Power's clean energy portfolio. With this commissioning, TPREL's wind energy portfolio now exceeds 3.9 GW, including mo
Tata Power on Wednesday said its arm Tata Power EV Charging Solutions has expanded the ultra-fast EV charging network in collaboration with Indian Oil Corporation on the Delhi-Mumbai Expressway. As part of the collaboration, Tata Power EV Charging Solutions Ltd (TPEVCSL) has established ultra-fast EV charging stations at the 63rd and 69th milestones on the Haryana stretch of the expressway, a statement said. As part of its expansion on the expressway, TPEVCSL has inaugurated a 240 kW ultra-fast EV charging station with four charging guns at the 63rd milestone for vehicles travelling from Delhi. The company has also installed another EV charging station at the 69th milestone on the opposite carriageway, enabling charging access for travellers commuting in both directions. With the ability to support multiple vehicles simultaneously, the stations will cater to both personal and commercial EV users. Tata Power has expanded its EV Charging network under the brand name of EZ Charge to
Tata Power on Monday said it has inked an initial pact with Druk Green Power Corporation (DGPC) to build a training framework for developing 5,000 MW clean energy capacity in Bhutan. Training programmes will be delivered through Tata Power Skill Development Institute (TPSDI), it said in a statement. "This partnership with DGPC underscores our collective vision of creating a future-ready talent ecosystem for Bhutan's growing clean energy sector," Praveer Sinha, CEO & Managing Director, Tata Power, said. Dasho Chhewang Rinzin, MD, DGPC, said the MoU is a practical step towards strengthening local capabilities required under the ongoing partnership to develop 5,000 MW of clean energy capacity in Bhutan. TPSDI was established to bridge the skill gap in the power sector by delivering industry-relevant, modular training and certification programmes. It operates a robust training network across India, offering hands-on training across the power value chain, including thermal, hydel, and