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Tata Power

ONGC, Tata Power Renewable sign pact on battery storage solutions

State-owned Oil and Natural Gas Corporation (ONGC) on Wednesday signed an initial pact with Tata Power Renewable Energy Ltd to explore collaborative opportunities in the Battery Energy Storage System (BESS) value chain. ONGC has been stringing around deals in clean energy as part of its target to scale renewable energy capacity to 10 gigawatts by 2030 a part of its target to achieve net zero carbon emission by 2038. Besides solar and wind energy projects, ONGC is looking at round-the-clock renewable power capacity to meet this target. "ONGC has signed a non-binding Memorandum of Understanding (MoU) with Tata Power Renewable Energy Ltd (TPREL), a subsidiary of The Tata Power Company Ltd, to explore collaborative opportunities in the BESS value chain at India Energy Week 2025," the firm said in a statement. The pact will explore a range of applications across the BESS value chain, including utility-scale energy storage systems, grid stabilisation and ancillary services, renewable ener

ONGC, Tata Power Renewable sign pact on battery storage solutions
Updated On : 12 Feb 2025 | 5:18 PM IST

Tata Power planning to double Tirunelveli solar cell unit: Chandrasekaran

The new 4.3 GW solar cell and module manufacturing plant is equipped with cutting-edge TOPCon and Mono PERC technologies

Tata Power planning to double Tirunelveli solar cell unit: Chandrasekaran
Updated On : 07 Feb 2025 | 9:07 AM IST

Tata Power, Bank of Baroda ink pact for financing rooftop solar projects

Tata Power Renewable Energy Ltd (TPREL) on Thursday said it has partnered with Bank of Baroda to facilitate financing of residential rooftop solar projects under the PM - Surya Ghar Muft Bijli Yojana. Both the entities have signed a Memorandum of Understanding (MoU), under which applicants can avail loan amounts up to Rs 6 lakh at an interest rate starting at 7 per cent per annum with both fixed and floating rate options, TPREL said in a statement. The PM - Surya Ghar: Muft Bijli Yojana is the world's largest domestic rooftop solar initiative, transforming India's energy landscape with a bold vision to supply solar power to one crore households by March 2027. "This strategic collaboration with Bank of Baroda marks a significant step in our mission to make clean energy solutions accessible to every household in India. By offering affordable and convenient financing options, we are enabling residential customers to embrace rooftop solar technology with ease," Deepesh Nanda, CEO & ...

Tata Power, Bank of Baroda ink pact for financing rooftop solar projects
Updated On : 06 Feb 2025 | 2:23 PM IST

Post healthy Q3 performance, Tata Power stock can see gains ahead

Tata Power reported consolidated EBITDA of Rs 3,350 crore in Q3FY25 (+38 per cent YoY)

Post healthy Q3 performance, Tata Power stock can see gains ahead
Updated On : 06 Feb 2025 | 12:04 AM IST

Tata Power wants to build small nuclear reactors as govt opens sector: CEO

Tata Power, which reported its third quarter earnings earlier in the day, posted profit below analysts' estimates as softer demand weighed

Tata Power wants to build small nuclear reactors as govt opens sector: CEO
Updated On : 04 Feb 2025 | 8:41 PM IST

Tata Power Q3FY25 results: Net profit rises 8% to Rs 1,030.7 crore

The company reported an 81 per cent jump in PBDIT to Rs 3,667.6 crore from a year ago. PBDIT is profit before depreciation, interest, and taxation

Tata Power Q3FY25 results: Net profit rises 8% to Rs 1,030.7 crore
Updated On : 04 Feb 2025 | 7:23 PM IST

Tata Power Q3 results: Net profit rises 8.2% to Rs 1,031 cr, revenue up 5%

Revenue from operations rose 5.1% to Rs 15,391 crore

Tata Power Q3 results: Net profit rises 8.2% to Rs 1,031 cr, revenue up 5%
Updated On : 04 Feb 2025 | 4:34 PM IST

Markets Today: GIFT Nifty; Trump Tariffs; FIIs; Titan Q3; Dr. Agarwal's IPO

FIIs sold shares worth Rs 3,958.37 crore on February 3, while DIIs bought shares worth 2,708.23 crore

Markets Today: GIFT Nifty; Trump Tariffs; FIIs; Titan Q3; Dr. Agarwal's IPO
Updated On : 04 Feb 2025 | 7:10 AM IST

Tata Power-DDL secures 17 convictions for power theft in last 9 months

As part of its ongoing crackdown on power pilferage, the Tata Power Delhi Distribution Ltd (Tata Power-DDL) has secured 17 convictions in electricity theft cases between April 2024 and January 2025. The efforts to curb power theft have led to the conviction of 78 people in north and northwest Delhi under Section 135 of the Electricity Act since 2007, with courts imposing heavy fines on offenders, Tata Power Delhi Distribution Ltd (Tata Power-DDL) said in a statement. Taking stringent action against electricity theft, Tata Power-DDL filed criminal cases against offenders in the Special Electricity Court, Rohini. Acknowledging the severity of these cases, the court handed down convictions, reinforcing the discom's commitment to preventing power theft and protecting the interests of law-abiding consumers, the company said. The statement further urged citizens to refrain from illegal activities and report power theft to ensure a fair and stable electricity supply. Tata Power-DDL's Chi

Tata Power-DDL secures 17 convictions for power theft in last 9 months
Updated On : 30 Jan 2025 | 6:57 AM IST

Tata Group stocks zoom up to 12% on reports of Tata Capital's Rs 15K-cr IPO

Tata Group companies' shares increased following reports of Tata Capital planning to raise Rs 15,000 crore through an initial public offering (IPO)

Tata Group stocks zoom up to 12% on reports of Tata Capital's Rs 15K-cr IPO
Updated On : 24 Dec 2024 | 11:27 AM IST

Tata Power, Canara Bank partner to offer loans for rooftop solar systems

The partnership underscores the push for clean energy solutions in India, which aims to achieve 500 GW of installed electric capacity from non-fossil sources by 2030

Tata Power, Canara Bank partner to offer loans for rooftop solar systems
Updated On : 20 Dec 2024 | 4:45 PM IST

Tata Power Renewable partners with Canara Bank to promote solar systems

Tata Power on Friday said its arm Tata Power Renewable Energy Ltd (TPREL), has joined hands with Canara Bank to promote the adoption of rooftop solar systems under the PM Surya Ghar Scheme. This collaboration aims to simplify access to solar energy solutions for households by providing attractive financing options, empowering citizens to transition to a more sustainable energy future, a Tata Power statement said. As part of the initiative, households can benefit from tailored financing options under the PM Surya Ghar Scheme, designed to make rooftop solar installations more accessible and affordable. "Our partnership with Canara Bank marks a significant step in accelerating the adoption of rooftop solar systems nationwide," Deepesh Nanda, CEO & Managing Director, TPREL said. For systems with a capacity of up to 3 kW, the scheme offers loans of up to Rs 2 lakh with a 10 per cent margin money requirement, collateral-free financing, a competitive interest rate of 7 per cent per ...

Tata Power Renewable partners with Canara Bank to promote solar systems
Updated On : 20 Dec 2024 | 1:25 PM IST

Stocks to Watch, Dec 12: Jubilant FoodWorks, SBI, Vedanta, Swiggy, Emami

Stocks to Watch, Dec 12: From Swiggy to Jubilant Foodworks, here are some stocks that will be on investors radar today

Stocks to Watch, Dec 12: Jubilant FoodWorks, SBI, Vedanta, Swiggy, Emami
Updated On : 12 Dec 2024 | 7:48 AM IST

Tivolt Electric Vehicles sign MOU with TPREL to enhance EV charging infra

This partnership aims to build a robust EV Charging ecosystem by leveraging Tata Power's expertise in diversified EV Charging solutions

Tivolt Electric Vehicles sign MOU with TPREL to enhance EV charging infra
Updated On : 11 Dec 2024 | 11:36 PM IST

Tivolt, Tata Power Renewable partner to boost EV charging infrastructure

Tivolt Electric Vehicles CEO Saju Nair exchanged documents with Tata Power Renewable Energy Ltd's Head of Business Development - EV Charging, Virendra Goyal, at an event

Tivolt, Tata Power Renewable partner to boost EV charging infrastructure
Updated On : 11 Dec 2024 | 6:39 PM IST

Tata Power consistently meets guidance, growth inspires confidence

Tata Power has consistently met guidance. Profitability till FY30 will be driven by RE, T&D, and hydro

Tata Power consistently meets guidance, growth inspires confidence
Updated On : 10 Dec 2024 | 12:29 AM IST

Tata Power to invest Rs 1.2 trillion in renewable energy in Rajasthan

Tata Power has announced an investment of Rs 1.2 lakh crore in Rajasthan in various renewable energy related projects including rooftop solar installation and electric vehicle charging infrastructure. Speaking at the Rising Rajasthan Global Investment Summit which started on Monday, CEO and MD of the company Praveer Sinha said the company's investment roadmap was aimed at making Rajasthan a power surplus state through a range of initiatives. "Tata Power's clean energy roadmap for the state would significantly contribute to India's goal of becoming net-zero carbon by 2070 and the state's ambition to emerge as the next clean energy hub in the country," Sinha told reporters after the inauguration ceremony. The initiatives include renewable energy projects with Rs 75,000 crore investment (comprising solar, wind and hybrid projects across key regions like Bikaner, Jaisalmer, and Jodhpur); rooftop solar, transmission and distribution, and EV charging infrastructure. "The investment is ..

Tata Power to invest Rs 1.2 trillion in renewable energy in Rajasthan
Updated On : 09 Dec 2024 | 7:48 PM IST

Stocks to Watch, Dec 9: GCPL, IndiGo, M&M, CEAT, Bajaj Auto, Paytm, SBI

Stocks to Watch, Dec 9: Here is a list of stocks from Adani group shares to GCPL that will remain in focus today

Stocks to Watch, Dec 9: GCPL, IndiGo, M&M, CEAT, Bajaj Auto, Paytm, SBI
Updated On : 09 Dec 2024 | 10:37 AM IST

Khorlochhu Hydropower Project in Bhutan to commission in 2029: Tata Power

The construction work of the Rs 6,900 crore Khorlochhu Hydropower Project in Bhutan has started, and the plant is likely to be commissioned by 2029, Tata Power CEO and MD Praveer Sinha has said. The 600 MW project is being developed on the Kholongchhu River in the eastern part of the neighbouring nation. "We are looking at Bhutan. Work has already started for the 600 MW project in Khorlochhu...the tunnel diversion work," Sinha told PTI in reply to a question on plans for hydro projects outside India. The project is expected to be commissioned in September 2029, he said. In August, Tata Power and Bhutan-based Druk Green Power Corporation Ltd (DGPC) partnered to develop the hydropower project at an estimated cost of Rs 6,900 crore. The partnership involves a 40 per cent equity investment by Tata Power in Khorlochhu Hydro Power Ltd, a public-private partnership company. Later in November, Tata Power announced entering into a strategic partnership with Druk Green Power Corporation Lt

Khorlochhu Hydropower Project in Bhutan to commission in 2029: Tata Power
Updated On : 08 Dec 2024 | 11:36 PM IST

Tata Power plans Rs 1.25 trillion investment between FY26 and FY30

Raises FY25 capital expenditure by 72% compared to FY24

Tata Power plans Rs 1.25 trillion investment between FY26 and FY30
Updated On : 06 Dec 2024 | 11:16 PM IST