Page 2 - Tata Power Company Ltd News

Tata Power, Suzlon Energy shares rise on 838 MW wind energy partnership

Tata Power Renewable Energy signed a contract with Suzlon Group for the supply of wind turbine generators totalling 838 MW

Power sector to require ₹3 trn investment in 5 years: Praveer Sinha

India must accelerate renewables, ease capital access, and streamline clearances to achieve its 500 GW clean energy goal by 2030, says Sinha

Need GST Council-like bodies to boost infra growth: Tata Power CEO Sinha

Sinha says power sector requires ₹3 trn in funding over 5 years

Tata Power, Suzlon Energy ink pact for ₹6,000 crore wind power project

Will be first such project in Andhra Pradesh since 2019

Should you stay invested in Tata Power post Q1? Here's what analysts say

Nuvama warned that Tata Power's current solar manufacturing margins may taper in the second half as captive supplies ramp up.

Tata Power Q1 results: Profit up 6% to ₹1,262 cr; revenue rises 4%

Tata Power on Friday posted over 6 per cent on-year rise in consolidated net profit at Rs 1,262 crore in June quarter mainly due to higher revenues from the renewable as well as transmission and distribution business. The company had a net profit of Rs 1,189 crore in the quarter ended June 30, 2024, a statement stated. Its revenue rose to Rs 17,464 crore in the quarter, from Rs 16,810 crore in the same period a year ago. "We have commenced FY26 on a high note, with strong performance across all our business verticals. Our renewable energy portfolio continues to exceed expectations, as we drive innovation, scale, and efficiency across the clean energy value chain," Praveer Sinha, CEO and Managing Director, Tata Power, said. He further stated that the generation and T&D businesses are delivering impressive gains. The company's discoms are providing reliable electricity to 13 million customers, he added. Through its all-round performance, Odisha Discoms have emerged as the national

Two Tata Group firms plan India bond issues to raise ₹2,000 cr, bankers say

Tata Power Renewable Energy, a unit of Tata Power, is expected to raise about ₹1,000 crore via 10-year bonds, while Tata Communications may raise a similar amount through three-year notes