Page 22 - Tata Power

Tata Power bags contract from SECI for solar project in Chhattisgarh

State-owned SECI has awarded a contract to the Tatas for setting up a 100MW solar project with battery energy storage system (BESS) at Rajnandgaon, Chhattisgarh. The project will demonstrate how, by using a large battery storage system like BESS, solar power can be used to provide clean energy during evening peak hours. The contract has been awarded to Tata Power Solar Systems Ltd, a statement by Ministry of New & Renewable Energy(MNRE) said. The project will have a 40 MW/120 MWh BESS. It is one of the largest grid-connected BESS projects in the country. It is supported by the World Bank and SECI's internal resources and domestic loans. This is expected to boost market confidence and catalyze further investments in the sector to enable India achieve its commitments towards a net-zero economy. The contract was signed by officials of Tata Power and SECI in the presence of Suman Sharma, Managing Director, SECI, as well as directors and senior officials of SECI and World Bank. "This

Tata Power arm TP Saurya to set up 300 MW hybrid wind-solar project

Tata Power on Thursday said its arm TP Saurya has received a 'Letter of Award' from Maharashtra State Electricity Distribution Company (MSEDCL) for setting up a 300 MW hybrid (wind & solar) project. TP Saurya Ltd (TPSL), a wholly-owned subsidiary of Tata Power, has received this Letter of Award (LoA) in a bid announced by MSEDCL, a company statement said. This project has been awarded through tariff-based competitive bidding followed by e-Reverse auction, it added. The project will be commissioned within 18 months from the date of PPA (power-purchase agreement) execution. "It is a proud moment for Tata Power to win this large-scale Hybrid (Wind & Solar) power generation project. This will further promote the share of renewable power in the overall energy mix, thus strengthening our position as the market leader in the renewable space," Praveer Sinha, CEO & MD, Tata Power said in the statement. Sinha said this project will also encourage other states to switch to green ...

Stocks to Watch: Indigo, ONGC, PNB, Tata Power, RInfra, FMCG, Cement shares

Analysts expect under-performance by FMCG shares to continue

Tata Power, IIT Madras sign agreement on technology research, solutions

Agreement includes campus recruitment opportunities for postgraduate students of the premier institute.

Tata Power, ama Stays & Trails tie up to set up EV charging stations

Tata Power has collaborated with am Stays & Trails, India's first branded homestay portfolio by Indian Hotels Company Ltd, to set up EV charging stations at over 30 of its villas and heritage bungalows across 11 destinations. A rising demand for sustainable transport infrastructure has resulted in an increasing number of hospitality brands investing in electric vehicle (EV) charging points, a statement said. The collaboration is a step forward in catering to the evolving needs of environmentally-conscious customers by reducing their travel carbon footprint and embracing a more sustainable future. This marks an important step for both flagship Tata Group companies in furthering their commitment towards adopting more sustainable and cost-efficient business practices. Under the partnership, Tata Power EZ Charge has established EV chargers for guests staying at the am Stays & Trails homestays. Tata Power has deployed an extensive EV charging infrastructure with over 1,000 EV ...

Tata Power bags solar project worth Rs 945 cr from Solar Energy Corp

The contract involves building 100 MW EPC solar project along with 120 MWh utility scale battery energy storage system

Stocks to Watch: Go Fashion, Zomato, IRCTC, Asian Paints, Dish TV, ICICI Bk

Go Fashion India will make its debut on the brouses today, while Star Health IPO opens for subscription in the primary segment

NPCI Bharat BillPay on-boards Tata Power for electricity bill payments

This will enable over seven lakh customers of Tata Power (Mumbai) to pay their electricity bills through ClickPay payment link

Tata Power, SRF lead MSCI inclusion race, adjustment on November 30

According to an Edelweiss analysis, Tata Power will see passive inflows of $240 mn and SRF could see buying worth $230 mn. Both shares rose more than 1.5% on Monday

Tata Power to seek shareholders' nod to not merge Tata Power Solar Systems

This is contrary to its earlier plan to merge it with itself through a postal ballot notice

Cheap funding, govt sops power Indian firms' big bets on renewable energy

India is heavily dependent on imports, and local manufacturing capacities are inadequate. Several Indian companies are planning to plug this loophole

Banks, IT drag Sensex 678 pts down, Nifty gives up 17,700; IRCTC falls 8%

The BSE Sensex has now shed 5 per cent (2,938 points) from its recent peak of 62,245. The Nifty has declined 3.8 per cent (677 points) in the last two weeks.

Stocks to Watch: IRCTC, Airtel, SBI Cards, DLF, Tata Power, Lupin, Escorts

IRCTC and Bharti Airtel could be in focus owing to negative news flow, apart from the stocks that are likely to react to corporate earnings

Tata Power second quarter net profit jumps 36% to Rs 506 crore

The company's focus continues to remain towards the expansion of its Renewable and Distribution businesses and go green strategy in the existing generation business

Tata Power crosses 1,000 EV charging stations mark in India

Tata Power on Monday said it now has a network of more than 1,000 electric vehicle (EV) charging stations across the country. This network of 1,000 public charging stations provides innovative and seamless EV charging experiences for Tata Power's customers across offices, malls, hotels, retail outlets, and places of public access, enabling clean mobility and freedom from range-anxiety, it said in a statement. In addition, there are close to 10,000 home EV charging points, which make EV charging super-convenient for the vehicle owners, the company added. Tata Power EZ Chargers ecosystem covers the entire value chain of public, captive, bus/ fleet and home chargers. Starting with the first chargers being installed in Mumbai, Tata Power EV charging points are now present in nearly 180 cities. The company is planning to have a base of 10,000 charging stations as also to enable whole stretches of highways into e-highways across the country, it said.

Staring at electricity crisis, Gujarat to buy from Tata Power's Mundra UMPP

Will make short-term purchase at Rs 4.5/unit; is the second state to buy from Tata Power Mundra, after Punjab which is purchasing at Rs 5.5 per unit for a fortnight

Tata Group market cap surges $55bn since August to zoom past $300 bn

This is a 22% rise in valuation; TCS, Tata Motors and Titan top the charts in absolute terms, Nelco and Tata power lead the percentage table

Tata Group stocks on a roll, rally up to 20%; here's why

Shares of Tata Motors DVR were locked at the 20 per cent upper circuit, while Tata Motors too surged nearly 20 per cent in intra-day trade on the BSE today

Power crisis: Lessons for India from China's power policy changes

India, which too is in a coal and power crisis, has lessons to learn from this since domestic coal shortage is not the only cause for concern for its power generation sector

Tata Power jumps 4%, hits new high as solar arm wins multiple orders

Tata Power Solar received EPC orders worth Rs 538 crore from Energy Efficiency Services Limited (EESL) to set up multiple distributed ground mounted solar projects totalling 100 MW