Tata Power

Tata Power wins LoA from SECI to supply 324 MW from Maharashtra project

Tata Power on Monday said it has received a Letter of Award (LoA) from the Solar Energy Corporation of India Ltd (SECI) to supply 324 MW of power from its 1,000 MW Pumped Hydro Storage Project (PSP) at Bhivpuri in Maharashtra. The project was awarded under SECI's tariff-based global competitive bidding for the supply of 1,500 MW / 12,000 MWh of power from pumped hydro storage projects being set up in the country, a company statement said. The project was secured through an e-reverse auction. It has a 40-year Pumped Storage Purchase (PSP) agreement and is scheduled for commissioning by 2029. The project will be developed under the Build, Own, Operate (BOO) model and will provide 8 hours of energy storage, enabling reliable supply of electricity during peak demand periods. It will be connected to the 765/400 kV South Kalamb Central Transmission Utility (CTU) Substation through the Inter-State Transmission System (ISTS). The SECI's award further strengthens Tata Power's position in .

Gopalpur special economic zone emerges as eastern India's green energy hub

Driven by Tata Steel SEZ, Gopalpur industrial park has attracted over Rs 65,000 crore of investments across green hydrogen, solar, specialty chemicals and advanced manufacturing

Tata Power in talks to raise $450 mn overseas loan for business operations

Tata Power is in talks with banks to raise at least $450 million through an external commercial borrowing, aiming to strengthen liquidity as it expands investments in renewable energy and transmission

CERC permits TP Saurya to sell infirm power from Rajasthan solar project

The regulator has allowed TP Saurya to continue selling infirm power from the 100 MW solar component of its 600 MW wind-solar hybrid project in Bikaner

Tata Power plans to enter nuclear sector: Chairman N Chandrasekaran

Tata Power targets Rs 1 lakh crore in revenue and Rs 10,000 crore in PAT by 2030, while expanding into nuclear power, battery storage and solar manufacturing in Odisha

Tata Power Renewable commissions 100.8 MW wind project in Maharashtra

Tata Power Renewable Energy Ltd (TPREL) on Friday said it has successfully commissioned its 100.8 MW Jewali Wind Project in Dharashiv district, Maharashtra. The facility will supply electricity to Tata Power Mumbai Distribution, helping compliance with Renewable Purchase Obligation targets and supporting the transition to a more sustainable and environmentally responsible utility, it stated. The project comprises 28 SG 3.6-145 Wind Turbine Generators, based on advanced horizontal-axis wind turbine technology. The facility is expected to generate approximately 299 million units (kWh) of clean electricity annually. The project is expected to offset nearly 245 million kg of CO emissions every year, based on an estimated emissions reduction of 0.82 kg of CO per unit of electricity generated, making a significant contribution towards decarbonisation and enhancing Tata Power's clean energy portfolio. With this commissioning, TPREL's wind energy portfolio now exceeds 3.9 GW, including mo

Delhi's power demand touches record 8,748 MW, crosses last year's peak

The capital's peak electricity demand surpassed last year's record as power distribution companies met rising summer demand through long-term contracts and market purchases

Tata Power discoms hit by ₹271 crore Odisha govt electricity dues

Tata Power has written to the Odisha chief secretary seeking clearance of dues, warning that unpaid bills are adding to borrowing costs and financial strain

Govt extends Section 11 directions for Tata Power's Mundra plant till Sept

Ministry of Power extends validity of directions for the 4,150 MW Gujarat-based thermal plant by three months to ensure adequate electricity supply

Odisha clears ₹76,612 crore investments, enters lab-grown diamond sector

Twenty projects approved by the High-Level Clearance Authority are expected to generate over 50,500 jobs across nine districts

Tata Power EV arm expands charging network on Delhi-Mumbai Expressway

Tata Power on Wednesday said its arm Tata Power EV Charging Solutions has expanded the ultra-fast EV charging network in collaboration with Indian Oil Corporation on the Delhi-Mumbai Expressway. As part of the collaboration, Tata Power EV Charging Solutions Ltd (TPEVCSL) has established ultra-fast EV charging stations at the 63rd and 69th milestones on the Haryana stretch of the expressway, a statement said. As part of its expansion on the expressway, TPEVCSL has inaugurated a 240 kW ultra-fast EV charging station with four charging guns at the 63rd milestone for vehicles travelling from Delhi. The company has also installed another EV charging station at the 69th milestone on the opposite carriageway, enabling charging access for travellers commuting in both directions. With the ability to support multiple vehicles simultaneously, the stations will cater to both personal and commercial EV users. Tata Power has expanded its EV Charging network under the brand name of EZ Charge to

Tata Power, Druk Green ink pact for Bhutan's clean energy framework

Tata Power on Monday said it has inked an initial pact with Druk Green Power Corporation (DGPC) to build a training framework for developing 5,000 MW clean energy capacity in Bhutan. Training programmes will be delivered through Tata Power Skill Development Institute (TPSDI), it said in a statement. "This partnership with DGPC underscores our collective vision of creating a future-ready talent ecosystem for Bhutan's growing clean energy sector," Praveer Sinha, CEO & Managing Director, Tata Power, said. Dasho Chhewang Rinzin, MD, DGPC, said the MoU is a practical step towards strengthening local capabilities required under the ongoing partnership to develop 5,000 MW of clean energy capacity in Bhutan. TPSDI was established to bridge the skill gap in the power sector by delivering industry-relevant, modular training and certification programmes. It operates a robust training network across India, offering hands-on training across the power value chain, including thermal, hydel, and

Weak Q4FY26 drags Tata Power shares down over 6%; buy, sell or hold?

Tata Power share price target: Post Q4 results, Motilal Oswal Financial Services has maintained a 'Buy' rating on the Tata Group stock with a target price of ₹490.

Stocks to Watch today: Airtel, Tata Power, Cipla, RVNL, Dixon Tech and more

Stocks to watch today: Jewellery stocks, Tata Power, RVNL, Airtel, Cipla, Dixon Technologies, Dr Reddy's, Berger Paints are among others that will remain in focus today.

Tata Power Q4 profit up 8% at ₹1,416 crore; nuclear talks advance

Tata Power reported higher quarterly profit despite lower revenue due to the Mundra plant shutdown and said discussions on nuclear projects are at an advanced stage

Tata Power Q4 results: Net profit down 4.5% at ₹996 cr, revenue falls 13%

The company's revenue for the quarter under review declined by 13 per cent to 14,900 crore

Q4 results: Dr Reddy's, Tata Power, Pfizer, Kalpataru among 104 on May 12

Q4FY26 company results: Firms including Berger Paints, Torrent Power, Max Financial Services, Nazara Technologies, and Vinati Organics are also to release their January-March earnings today

Tata Power, DGPC to develop additional 404 MW hydropower project in Bhutan

Tata Power and Bhutan's Druk Green Power Corporation Ltd (DGPC) will develop an additional 404 MW hydroproject in the neighbouring country as part of their existing clean energy collaboration. As per the original MoU signed on November 19, 2024, the parties had agreed to collaborate on the development of at least 4,500 MW hydropower projects in Bhutan. In a statement on Friday, Tata Power announced the signing of an amendment to its Memorandum of Understanding (MoU) with DGPC to expand their clean energy collaboration in Bhutan. Under the amendment, a new 404 MW Nyera Amari I & II Integrated Hydropower Project has been added to the existing project pipeline. With this, the total identified hydropower capacity under the partnership increases to 5,033 MW from 4,500 MW earlier. This is in line with Bhutan's vision for its energy sector to reach an overall generation capacity of 25,000 MW by 2040. Praveer Sinha, CEO & Managing Director, Tata Power, said, "The addition of the Nyera

Citi bets on power utilities; picks NTPC, Tata Power amid capex upcycle

Citi has recommended a 'Buy' rating on NTPC for a target price of ₹485, Tata Power for a target of ₹525, Power Grid for a target of ₹380, and JSW Energy for a target of ₹650.

Tata Power arm to invest ₹6,500 crore in 10 GW solar wafer facility

Tata Power on Thursday said that its arm Tata Power Renewable Energy will invest Rs 6,500 crore in a photovoltaic ingot and wafer manufacturing facility of up to 10 GW capacity. The production of ingot and wafer will support the company's backward integration, the company said in an exchange filing. The Board of Directors of Tata Power Renewable Energy Limited (TPREL), a subsidiary of the company, approved the proposal to adopt a new line of business, photovoltaic (PV) ingot and wafer manufacturing. The proposed new line of business falls under upstream solar photovoltaic (PV) manufacturing, specifically PV Ingot and wafer manufacturing. This segment represents a critical part of the solar value chain, supplying key inputs for downstream cell and module manufacturing. The foray into ingot and wafer manufacturing supports backward integration, reduces dependence on imports (currently dominated by China), and positions the company to benefit from India's policy-driven push towards ...