On its Investor Day on December 6, Tata Power clarified its five-year strategy. Tata Power wants to be an end-to-end power solutions company with a presence across the energy chain from generation to distribution to trading, and from solar manufacturing to solar utility at scale and rooftop EPC (engineering, procurement, and construction).
This includes a capex of Rs 1.5 trillion, 23 gigawatt (Gw) green capacity (from 20GW earlier) and a revenue target of Rs 1 trillion and a profit target of two times or Rs 10,000 crore by FY30. The target for renewable energy (RE) capacity is 15Gw by FY27,