Page 4 - Tata Power

TP Solar bags Rs 632 cr order to supply 292.5 MWp solar modules from Seci

Tata Power on Thursday said that its solar manufacturing arm TP Solar has secured an order worth Rs 632 crore for the supply of 292.5 MWp solar modules from Solar Energy Corporation of India (SECI). The project is awarded under the CPSU Scheme Tranche-III, a Tata Power statement said. The contract, valued at approximately Rs 632 crore, entails the delivery of high-quality DCR (Domestic Content Requirement) modules to the designated site in Ramagiri, Andhra Pradesh, it added. The project is part of SECI's larger 400 MWp tender, which underwent a competitive bid submission process followed by an e-Reverse Auction. The contract includes a total scope of 400 MWp DCR Modules, of which TP Solar has secured 292.5 MWp. The preferred delivery timeline for the project is set from October 2025 to January 2026, spanning a duration of four months.

Euler Motors joins hands with Tata Power Renewables for fast chargers

Electric commercial vehicle maker Euler Motors on Monday said it has tied up with Tata Power Renewables for fast chargers. As per the long-term Memorandum of Understanding (MoU), Tata Power Renewables will provide fast chargers for the customers of Euler Motors, the company said in a statement. With this, Euler Motors customers will be able to access fast chargers at important high demand locations along their daily routes, it added. The company customers will receive smart cards, allowing seamless and easy access to Tata Power Renewables charging stations, Euler Motors stated. Through this MoU, Tata Power Renewables will install, operate, and maintain fast chargers, ensuring high uptime and reliability, while Euler Motors will facilitate rent-free spaces for Tata Power's chargers, reinforcing the mutual commitment to advancing India's EV ecosystem, it said. "Charging infrastructure is a key ingredient to enable EV adoption, and fast charging is a customer preference as it enables

Tata Power DDL partners with Probus to advance smart metering technology

Tata Power Delhi Distribution on Friday said it has collaborated with Probus Smart Things to revolutionize smart metering technology through the adoption of a universal Network Interface Card (NIC) with Bluetooth-enabled communication. As part of this collaboration, Tata Power-DDL and Probus will jointly create innovative use cases to advance smart metering technology and will file joint patents to protect the intellectual property arising from these efforts, the company stated. "This initiative aligns with Tata Power-DDL's vision of providing reliable, efficient, and sustainable solutions for our consumers," Gajanan S Kale, Chief Executive Officer, Tata Power DDL said. The Universal NIC, designed to enhance smart metering capabilities, represents a breakthrough in the energy sector by enabling reliable and efficient communication even in the absence of primary networks. The Universal NIC provides enhanced connectivity as bluetooth-enabled communication ensures meter data collectio

Tata Power partners with Amazon Web Services for smart energy transition

Tata Power on Thursday announced its partnership with Amazon Web Services to drive smart and consumer-centric energy transition in India through modernization of its digital infrastructure and energy management. Tata Power has embarked on a data-driven transformation with Amazon Web Services (AWS) to accelerate the country's transition to a greener, smarter, and more consumer-centric energy ecosystem, the company said in a statement. The evolution of energy systems demands real-time analytics, automation, and decentralized power generation to optimize supply and demand. Digitalization enables grid stability, predictive maintenance, and seamless energy transactions, ensuring sustainability and operational efficiency, it said. Tata Power's partnership with AWS exemplifies this digital-first approach, harnessing cloud computing, artificial intelligence (AI), and IoT to build a smarter, more efficient power ecosystem. Tata Power has already laid a robust digital foundation by migrating

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

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, 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 & ...

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)

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 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 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

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

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 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 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 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 ...

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

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, 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

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