Page 2 - Tata Power Company Ltd News

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

Tata Power RE bags 30 MW/120MWh battery energy storage project from NHPC

Tata Power Renewable Energy Ltd (TPREL) has bagged a 30 MW/120 MWh battery energy storage project from state-owned NHPC. The project has been secured under NHPC's BESS Tranche-I tender through a competitive bidding route for Kerala State Electricity Board Ltd -- the end-user of the Battery Energy Storage System (BESS) asset, TPREL said in a statement on Friday. The project involves setting up a 30 MW / 120 MWh battery storage system at the 220 kV substation in Kerala. This means 30 MW of storage can provide back up of up to four hours. This is its first Battery Energy Storage Purchase Agreement (BESPA), TPREL said. It will operate under a 12-year BESPA. The project is slated for commissioning within 15 months, positioning storage as a key enabler of round-the-clock renewable power and grid resilience. The project will play a vital role in addressing peak power demand, enhancing grid flexibility, and enabling seamless integration of renewable energy in Kerala. It is part of NHPC's

Stocks to buy today, July 17: Tata Power, ITC among analyst top picks

Analyst at Religare Broking recommends maintaining a cautious stance and focus on stock selection. Tata Power, ITC and are among the top stocks to buy

Bernstein expects markets to consolidate; sees Nifty at 26,500 by 2025-end

As a strategy, they have moved utilities sector to equal weight. Financials, Telecom, small discretionary, remain their overweight sectors.

Titan, Trent, TaMo: What's impacting sentiment; how to trade Tata grp stks?

Technical outlook on Tata group stocks: Chart suggests up to 16% downside risk for Tata Motors, Titan, Trent and Tata Power; here are the key levels to track on these shares.

Tata Power soon to be a 'force' in hybrid RE market: N Chandrasekaran

Tata Power Chairman N Chandrasekaran unveils roadmap to accelerate green transition with 65% clean capacity, hybrid solutions, and consumer-facing solar and EV initiatives

Tata Power Renewables adds record 752 MW of solar capacity in Q1FY26

Tata Power Renewables on Thursday said it has commissioned a record 752 megawatt (MW) of solar projects in April-June 2025-26, following which its total utility-scale operational capacity stood at 5.6 GW. Tata Power Renewables, a subsidiary of Tata Power, had commissioned a total of 354 MW solar capacity in the same period of preceding 2024-25 financial year, the company said in a statement. For the timely execution of projects amid challenging environments, Tata Power Renewables attributed factors like advanced engineering practices, supply chain, execution model, and strong vendor partnerships. With the Q1 FY26 commissioning, the company said its total utility-scale operational capacity now stands at 5.6 GW, including 4.6 GW solar and 1 GW wind capacity. The company further plans to commission 1.7 GW of its utility owned capacity during FY26 apart from 1 GW of third-party projects. The company is a developer of renewable energy projects (including solar, wind, hybrid, ...

Tata Power shares fall 2% on $490-million arbitration ruling against Co

Over the past one year, Tata Power shares have experienced a decline of 7.9 per cent on the NSE

Tata likely in talks to buy out investors in Resurgent Power Ventures

Tata Power is working with an adviser to help buy stakes held by ICICI Venture Funds Management Co, Kuwait Investment Authority and Oman Investment Authority