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Tata Power targets ₹1 lakh crore revenue and ₹10,000 crore profit by 2030
Chairman N. Chandrasekaran said Tata Power is accelerating investments across renewable energy and power infrastructure as it targets ₹10,000 crore in annual profit and ₹1 lakh crore in revenue by 2030.
Tata Power targets Rs 1 lakh cr revenue by 2030, reveals key update on nuclear plans
Tata Power aims for Rs 1 lakh crore revenue and Rs 10,000 crore profit by 2030. The company will expand its solar manufacturing capacity by adding a new 10 GW project. Tata Power is also open to entering the nuclear power segment with small modular reactors. It plans to expand distribution footprints in states proposing privatization. The energy network currently serves over 13.1 million distribution customers.
Tata Power offers 'pay-as-you-save' scheme with rooftop solar system for commercial users in Punjab
Tata Power Renewable Energy Limited has launched a 'pay-as-you-save' scheme in Ludhiana, enabling commercial and industrial consumers in Punjab to adopt rooftop solar systems with zero upfront cost. This initiative aims to install 200 megawatts of solar capacity over three years, allowing businesses to repay through savings-based EMIs or lease rentals.
Tata Power Renewable Energy commissions 100.8 MW Jewali wind project in Maharashtra
Tata Power Renewable Energy Ltd (TPREL) has successfully commissioned its 100.8 MW Jewali Wind Project in Maharashtra, boosting its wind energy portfolio to over 3.9 GW. This new facility will supply clean electricity to Tata Power Mumbai Distribution, aiding in meeting renewable targets and significantly reducing CO₂ emissions. The project is a key step towards Tata Power's goal of 100% clean energy generation by 2045.
Tata Power Renewable Energy commissions 100.8 MW Jewali Wind Project
In Dharashiv district, Maharashtra
Tata Motors partners with Welspun Renewable Energy to develop 86 MW wind-solar hybrid project
Tata Motors has joined forces with Welspun Renewable Energy to develop an 86 MW wind-solar hybrid project. This initiative will power four of Tata Motors' manufacturing plants in Jharkhand, Uttar Pradesh, Uttarakhand, and Karnataka with clean electricity. The project aims to generate 200 million units of green power annually, significantly reducing carbon emissions and supporting the company's sustainability goals.
Tata Power to install solar, battery energy systems across one lakh households in Punjab over three years
Tata Power Solaroof has launched 'Ghar Ghar Solar' in Punjab, aiming to equip one lakh households with rooftop solar and battery systems over three years. This initiative, supported by accessible financing and community programs like 'Mera Gaon, Mera Solar', seeks to boost clean energy adoption. The campaign aligns with government subsidies, making solar power more affordable and promoting self-reliant energy solutions across the state.
Tata Power Company Ltd eases for fifth straight session
Tata Power Company Ltd is quoting at Rs 385.25, down 0.32% on the day as on 13:19 IST on the NSE. The stock tumbled 5.24% in last one year as compared to a 6.32% slide in NIFTY and a 8.74% spurt in the Nifty Energy index.
Stocks to Watch today: HCL Tech, HDFC Bank, Turtlemint, Hexaware Tech, IRFC
Stocks to Watch today, June 29: Tata Motors PV, Torrent Power, Dr Reddy's Laboratories, Aurobindo Pharma, KEC International, and Adani Ports are among the top stocks to watch during today's trade
Suzlon secures 400 MW wins energy project in Andhra Pradesh
From Tata Power Renewable Energy
Suzlon crosses 1 GW in cumulative orders with Tata Power after new 400 MW EPC contract
Suzlon Energy has bagged a significant 400 MW wind energy EPC contract from Tata Power Renewable Energy Limited (TPREL). This latest deal, to be executed in Andhra Pradesh, pushes their combined order book past 1 GW. Suzlon will supply 127 advanced wind turbine generators and provide comprehensive project services, marking their fourth collaboration with TPREL and bolstering Suzlon's presence in Andhra Pradesh.
Suzlon Energy secures 400 MW order from Tata Power, crosses 1 GW partnership milestone
The project will be executed in Andhra Pradesh's Anantapur district, where Suzlon said its order book now stands at nearly 1 GW. the company's installed base in the state currently stands at 1.8 GW, accounting for 28.44% of its installed capacity in South India.