Tata Power

Tata Power to set up ₹6,675 crore 10 GW manufacturing facility in Andhra

Tata Power Renewable Energy Ltd (TPREL) will set up a greenfield 10 GW ingot and wafer manufacturing facility at Nellore, Andhra Pradesh, with an investment of Rs 6,675 crore. The project will be the largest ingot and wafer manufacturing facility in the country, reinforcing Andhra Pradesh's position as a leading hub for advanced solar manufacturing, state government officials said. The project has been cleared by the State Investment Promotion Board (SIPB) chaired by Chief Minister Chandrababu Naidu. The facility will be developed at the IFFCO Kisan Special Economic Zone, where the Government of Andhra Pradesh has earmarked 200 acres for the project, including 120 acres for the initial phase and 80 acres for future expansion. The ingots and wafers produced at the facility are critical inputs for solar cells, modules, and semiconductor applications, and the project aligns with the Government of India's push to strengthen domestic manufacturing and reduce import dependence for strate

Stocks to buy: Aadhar Housing Finance, Union Bank, Tata Power are top picks

Choice Equities' technical research analyst, Aakash Shah, recommends buying Aadhar Housing Finance, Union Bank of India, and Tata Power Limited

Tata Power commissions SJVN's 1 GW DCR solar project in Rajasthan

Tata Power Renewable Energy commissioned SJVN's 1 GW DCR-compliant solar project in Bikaner, Rajasthan, taking its utility-scale renewable capacity to 11.6 GW, it said

Tata Power raises ₹2,000 crore via issuance of NCDs on private placement

Tata Power on Friday said it has raised Rs 2,000 crore through non-convertible debentures (NCDs) on private placement basis. The NCDs have been issued on the basis of multiple yield allotment method prescribed by the BSE and Sebi, and the issue price of the NCDs has been determined accordingly, the company said in an exchange filing. The NCDs are proposed to be listed on the wholesale debt market segment of the BSE. The committee of directors on Friday approved the allotment of NCDs in two series, 1 lakh in each, aggregating to Rs 2,000 crore, for a tenor of three years and five years, respectively. The NCDs are to be issued to identified investors on a private placement basis, on the terms and conditions as mentioned in the placement memorandum for the said issue and other transaction documents. "We wish to inform you that the coupon rate of the proposed NCDs was discovered at 7.05 per cent for Series I and 7.25 per cent for Series II through the multiple yield allotment method o

Energy stocks to gain from SHANTI Bill, says Elara Capital; top bets here

The reforms introduced under SHANTI, passed by Parliament on December 17, Elara believes, address critical investment barriers and align India with global standards

Mundra resolution, renewables portfolio are key drivers for Tata Power

Tata Power's FY30 ambitions hinge on scaling renewables, transmission and distribution, while a long-term Mundra thermal resolution could revive profitability and lift sentiment

Nuvama upgrades Tata Power to 'Hold' on improved FY30 growth visibility

The brokerage's view followed an analyst meet held at Tata Power's Odisha Technology Centre, where management reiterated its long-term growth roadmap.

Tata Power to finalise ₹6,500 cr wafer-ingot project by Jan, says CEO

Tata Power is looking to finalise its 10 GW wafer and ingot project, to be set up at an estimated cost of Rs 6,500 crore, by January next year, the company's CEO and MD Praveer Sinha said. The company is in talks with various states and will decide on the location soon, he saidon the sidelines of a company event here. Tata Power is looking to set up a 10 gigawatt wafer and ingot plant as part of its backward integration, Sinha had said in an earnings call earlier without sharing further details. He said there will be clarity on the proposed project in the last quarter of FY26. "In January, we would be making some announcement. Meanwhile, we continue to explore potential site for the project," Sinha said. The company is exploring various locations in states like Odisha, Tamil Nadu, and Andhra Pradesh among others. "We are looking at the state policies and incentives before finalising the location," Sinha said. He said Tata Power will make an investment of Rs 6,500 crore for the ..

Tata Power to weigh 20-50 Mw SMR plants, says MD & CEO Praveer Sinha

Tata Power on Monday said it is aiming for a capex of Rs 25,000 crore in the current fiscal year and will look to maintain the same annual spend till FY30. As per an investor presentation, 65 per cent of the capex is aimed at clean energy projects. Tata Power, which made a capital expenditure (capex) of Rs 17,273 crore in FY25, almost doubled the same to Rs 25,000 crore in FY26. The total capex estimated between FY26 and FY30 is Rs 1.25 lakh crore with Rs 25,000 crore spent annually, as per the presentation. In an interaction, Sinha said, "We are well poised to achieve our aspirations." In the power generation segment, the company had a thermal capacity of 15.7 GW in FY25, which it looks to scale up to 30 GW by FY30, he said. "From 7 GW of clean and green capacity, we aim to increase it to 20 GW almost three times by March 2031," Sinha said. The capacity of transmission lines both operational and under-construction stood at 7,047 circuit kilometres (ckm) as of FY25. The same wil

Stocks to watch, Dec 12: Tata Power, Astra Microwave, NBCC, Vedanta, Honasa

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Stocks to Watch, December 10: Tata Power, Swiggy, Zydus Life, Hudco, Nalco

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Tata Power plans Rs 10,000 cr ingots and wafers plant in Odisha

Tata Power Company Ltd on Thursday said it plans to set up a 10-GW ingots and wafers manufacturing facility in Odisha at an investment of Rs 10,000 crore. Ingots and wafers are key raw materials used in the production of solar cells and modules, as well as semiconductor chips, it said in a release. The company, which currently has 4.55 GW of cell and module manufacturing capacity, aims to backward integrate ingots and wafers into its solar cell and panel production for both domestic use and export markets, it said. "Tata Power is evaluating two possible locations like Gopalpur in Ganjam district and Cuttack for its ingots and wafers facility. Both locations offer proximity to the port," the release said.

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Stocks to Watch today, November 24, 2025: From RVNL to HUL, here is a list of stocks that will be on investors' and traders' radar

Tata Power to invest ₹25,000 crore in renewable projects by FY27

Tata Power will set up 4 GW of new renewable capacity by FY27, explore 10 GW ingot and wafer manufacturing, and develop a 1,125 MW hydro project in Bhutan

India's clean energy push may speed up coal plant shutdowns by 2030

Coal still meets about two-thirds of India's electricity demand, and the government has announced plans to add nearly 90 gigawatts of additional capacity through 2032

Tata Power retains 'Buy' tag from Motilal Oswal; here are the key tailwinds

The analysts have set a target price of ₹480 per share, reflecting a comprehensive valuation of Tata Power's diverse business segments

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ACME Solar, Tata Power sign PPA for 50 MW firm and dispatchable project

ACME Solar Holdings on Friday announced signing an agreement with Tata Power Company Ltd for a 50 MW firm and dispatchable renewable energy project. An FDRE project integrates advanced solar, wind and battery energy storage systems (BESS) to enable reliable energy dispatch during peak demand. In a statement, ACME Solar Holdings said its "SPV has signed a 25 years Power Purchase Agreement (PPA) with the Tata Power Company Limited (Tata Power-D) for its 50 MW Firm and Dispatchable Renewable Energy (FDRE) project on 16 October 2025." The project was awarded in September 2025. The PPA has been signed at a tariff of Rs 4.43 per unit for a minimum annual Capacity Utilization Factor (CUF) of 40 per cent and four hours of peak-hour supply with 90 per cent availability on a monthly basis. This project would combine multiple renewable energy technologiesincluding Solar and Battery Energy Storage System (BESS) to meet the supply obligations as per the PPA. With this, the company has signed PP

Religare recommends 3 stocks to buy today; suggests Nifty trading strategy

Stocks to buy: Ajit Mishra of Religare Broking recommends buying Cholamandalam Investment, Tata Power and L&T; also suggests Nifty trading strategy

Windfall for major listed group companies if Tata Sons goes public

Seven listed Tata companies together own 12.1 per cent in Tata Sons with a combined book value worth around ~30,700 crore