Page 3 - Tata Power

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

Reliance Industries' solar leap prompts Nuvama's highest-ever target price

Nuvama forecasts that the company's 10GW module & cell capacity, to be fully operational by early CY26, could contribute an incremental ₹3,800 cr to consolidated PAT, equivalent to 6% of FY25 earnings

Tata Power applies to expand electricity distribution in Maharashtra

Tata Power has applied to distribute electricity to various pockets of Maharashtra as part of its efforts to expand beyond the financial capital, officials said on Thursday. The company has filed for a license across key growth regions, including parts of Mumbai, Pune, Sambhaji Nagar and Nashik, they added. It can be noted that through amendments made to the Electricity Act, private distribution companies are allowed to apply to serve various parts. However, they were hesitant to apply due to the high investments required for setting up such infrastructure. In 2022, Tata Power's rival Adani Group, with which it competes in Mumbai suburban areas, applied for select areas and expressed intent to invest up to Rs 5,700 crore towards the initiative. In the application submitted before the Maharashtra Electricity Regulatory Commission (MERC), seeking the grant of a distribution license to serve key regions across the state, the Tata Group company has evinced interest in serving areas li

Tata Power-DDL, Nissin Electric to install India's first micro substation

Tata Power-DDL, in collaboration with Japan-based Nissin Electric Co Ltd, has commissioned India's first micro substation with power voltage transformer (PVT) that will provide low-cost and reliable power supply to consumers. Micro substation with PVT can convert high-voltage power directly from transmission lines to low voltage power, suitable for residential consumers, a statement said. Tata Power-DDL, a leading power utility serves around 9 million consumers in North Delhi. The project is a part of International Demonstration Project on Japan's Energy Efficiency Technologies, publicly solicited by the New Energy and Industrial Technology Development Organization (NEDO). To commence this project, Tata Power Delhi Distribution Ltd (Tata Power -DDL) and Nissin Electric signed a project agreement on August 21, 2024. The introduction of micro substation with PVT technology is primarily aimed at low cost and reliable power supply to remote load centers with challenging terrains. It

Sanjay Banga named President-Renewables, to lead Tata Power's green unit

Tata Power on Wednesday redesignated Sanjay Banga, President-Transmission & Distribution as President-Renewables with effect from June 1, following the resignation of Deepesh Nanda from the post. Nanda has submitted his resignation due to personal commitments and will be relieved from his services with effect from the close of business hours on May 31, 2025, a regulatory filing said. According to the filing, pursuant to an internal reorganization Sanjay Banga, PresidentTransmission & Distribution has been re-designated as President Renewables and appointed as CEO & Managing Director of Tata Power Renewable Energy Ltd from June 1, 2025. Banga heads the Transmission and Distribution Vertical at Tata Power which includes Mumbai, Delhi, Ajmer Distribution and Powerlinks Transmission. Prior to this, he was Chief Executive Officer of Tata Power Delhi Distribution Limited (Tata Power-DDL), a Public Private Partnership (JV) of Tata Power and Government of National Capital ...

Transmission capex, renewable energy segment may energise Tata Power stock

Tata Power benefits from transmission capex, reforms in distribution and green capex. It targets RE capacity of 15GW by FY27 and has capex plans of ₹84,200 crore for FY24-27

Tata Power share price rises 2% on healthy Q4 results; profit jumps 25% YoY

At 9:27 AM, Tata Power shares were trading 0.08 per cent lower at ₹396.70. In comparison, BSE Sensex was trading 0.28 per cent lower at 81,100.55 level.

Tata Power share price rises 2% on healthy Q4 results; profit jumps 25% YoY

At 9:27 AM, Tata Power shares were trading 0.08 per cent lower at ₹396.70. In comparison, BSE Sensex was trading 0.28 per cent lower at 81,100.55 level.

Stocks to watch today, May 15: Tata Power, Eicher, SBI, JSW Energy, Godfrey

In the previous trading session, Sensex gained 182.34 points, or 0.22 per cent, to settle at 81,330.56 level. The Nifty50, meanwhile, closed 88.55 points, or 0.36 per cent higher at 24,666.90 level.

Tata Power Q4 results: Profit up 25% to ₹1,306 cr; revenue rises 7%

Tata Power reported a 25% rise in Q4FY25 profit and record full-year revenue, with rooftop solar, Tirunelveli manufacturing, and Discom gains boosting growth

Tata Power Q4 results: Net profit rises 25% to ₹1,306.09 cr, revenue up 8%

The company's revneue from operations grew by 7.88 per cent to ₹17,095.88 crore, it had reported a revenue of ₹15,846.58 crore during last year's fourth quarter

Stocks to watch today, May 14: Tata Motors, HAL, Eicher, Lupin, Airtel

At 6:40 AM, GIFT Nifty futures were trading 90 points higher at 24,730 level, indicating a higher start.

TaMo, Tata Power Renewable Energy partner to develop wind-solar project

Tata Motors on Monday said it has inked a power purchase agreement with Tata Power Renewable Energy to co-develop a 131 MW wind-solar hybrid renewable energy project. Set to generate around 300 million units of clean electricity annually, the project is expected to offset over 2 lakh tons of CO2 emissions each year, the Mumbai-based auto major said in a statement. The integrated wind-solar hybrid solution will provide a reliable supply of green, cost-effective energy exclusively to Tata Motors' six manufacturing facilities in Maharashtra and Gujarat, supporting the production of both commercial and passenger vehicles, it added. "This project reinforces our commitment to integrate renewable energy into our operations," Tata Motors Vice President -- Operations, Commercial Vehicles Vishal Badshah said. With this PPA, the company's plants in Maharashtra and Gujarat will take a significant leap towards green manufacturing, complementing India's green transition, Tata Motors Passenger ..

Tata Power shares charge 4% as arm inks ₹4,500 crore-deal with NTPC

The project is worth around ₹4,500 crore and has to be completed within 24 months or 2 years

Stocks to Watch Today, April 15: RIL, Tata Power, IRCON, Sula Vineyards

Stocks to Watch Today, April 15: Reliance Industries, Tata Power, Sula Vineyards, NCL Industries, IRCON International, Ashoka Buildcon are some of the top stocks to watch today

Tata Power Renewable Energy, NTPC join hands to set up 200 MW green project

Tata Power Renewable Energy Ltd (TPREL) has signed a power purchase agreement (PPA) with NTPC Ltd to develop a 200 MW clean power project. "With this project, its total renewable utility capacity has reached 10.9 GW," TPREL, a Tata Power subsidiary, said in a statement on Monday. The Firm and Dispatchable Renewable Energy (FDRE) project, spread across multiple locations in India, is set to be completed within 24 months and is expected to generate approximately 1,300 million units (MUs) of electricity annually, TPREL said. The project will mitigate over 1 million tonnes of carbon dioxide emissions per year. The project was won by TPREL based on competitive bidding and would consist of solar, wind and BESS (battery energy storage system) technologies. A key feature of this initiative is the commitment to a 4-hour peak power supply, ensuring at least 90 per cent availability during peak demand hours to support the growing energy needs of distribution companies. This collaboration ...

Tata Power gets nod to deploy 100 Mw battery storage system in Mumbai

The system will provide backup power to critical infrastructure, such as metro, hospitals, data centres, and the airport in the event of grid disruptions

NTPC, Power Grid get new 'overweight' from JPMorgan on rising demand growth

The brokerage initiated coverage with a 'neutral' rating on Tata Power and Torrent Power while having an 'underweight' stance on JSW Energy

Delhi saves 269 MW by switching off non-essential power during Earth Hour

Delhi saved 269 MW power joining hands with other cities of the world by switching off non-essential electrical appliances during the Earth Hour on Saturday. The lighting around the India Gate was also switched off to mark the Earth Hour. Last year, the city managed to save 206 MW power during the Earth Hour observed from 8.30 PM to 9.30 PM, under the aegis of World Wide Fund (WWF) to create awareness about the need to protect the nature and planet earth. The BSES discoms saved 159 MW of power during the Earth Hour with people switching off electrical appliances, said a company spokesperson. Tata Power-DDL consumers collectively saved 74 MW during the Earth Hour 2025 by switching off non-essential lights from 8:30 PM to 9:30 PM, said a spokesperson of the discom. "This Earth Hour, we turned awareness into meaningful action by actively engaging with our workforce, customers, resident welfare associations and industrial welfare associations through targeted and impactful communicati

HCC shares zooms 15% as JV bags ₹2,470-cr order from Tata Power

HCC and Tata Projects Limited in a 50:50 Joint Venture have been awarded a ₹2,470 crore contract by Tata Power Company Limited