In a historic development for South Asia’s energy landscape, Tata Power, one of India’s leading integrated power companies, has signed a strategic agreement with Bhutan’s Druk Green Power Corporation (DGPC) to develop an impressive 5,000 MW of clean energy capacity. The partnership, formalised through a Memorandum of Understanding (MoU) in Thimphu, Bhutan, signifies a crucial […]
Tata Power, one of India’s leading power companies, has sealed a monumental Memorandum of Understanding (MoU) with the Government of Rajasthan, pledging an eye-watering ₹1.2 lakh crore investment. The announcement was made during the prestigious “Rising Rajasthan Investor Meet” in New Delhi, a move that signals a seismic shift in the state’s energy landscape. This […]
Tata Power, a major player in India’s power sector, has reported an extraordinary performance for the first quarter of FY25. The company’s Profit After Tax (PAT) surged to ₹1,189 crore, reflecting a remarkable 31% increase from the previous year. This achievement not only sets a new record for Tata Power but also marks the 19th […]
The U.S. International Development Finance Corporation (DFC) is fueling India’s green energy dreams! The DFC Board of Directors has greenlit up to $425 million in financing for TP Solar Limited, a Tata Power Renewable Energy Limited (TPREL) subsidiary. This colossal sum is aimed at developing a cutting-edge 4.3 GW solar cell and module manufacturing plant […]
Tata Power EV Charging Solutions Limited (TPEVCSL), a Tata Power group company, and Zoomcar, a major player in the car-sharing marketplace, have signed a Memorandum of Understanding (MoU) to bolster electric vehicle (EV) adoption and enhance EV charging infrastructure across India. The MoU was inked in Mumbai, marking a significant step in Tata Power’s and […]
Tata Power, a stalwart in the Indian power sector, revealed a commendable net profit growth of 29% amounting to ₹ 1,141 crore for Q1 FY24. The firm’s streak of net profit growth continues unabated for the 15th successive quarter (Year-on-Year). This rise is corroborated by consistent growth in consolidated revenue and EBITDA, with the latter […]
Tata Power has signed a Memorandum of Understanding (MoU) with the Maharashtra Government to build two major Pumped Hydro Storage projects (PSP) in Maharashtra. With a collective capacity of 2800 Megawatts (MW) and an estimated investment nearing ₹13,000 crore, these ventures will be located in Shirawta, Pune (1800 MW), and Bhivpuri, Raigad (1000 MW) districts. […]
Tata Power, a leading player in India’s growing electric vehicle (EV) charging solutions market, has introduced the EZ CHARGE card, an advanced RFID (Radio-frequency identification) card that aims to redefine the EV charging experience for numerous EV owners across the country. The card was launched at the Bombay House by Tata Power’s CEO & MD, […]
Tata Power, a major Indian electricity utility company, has been awarded a project for the implementation of smart metering in Chhattisgarh State Power Distribution Company Limited (CSPDCL). CSPDCL, a government-owned electricity distribution company, is tasked with supplying electricity to consumers throughout Chhattisgarh, a state in central India. The Letter of Award (LOA) was granted after […]
Tata Power Renewable Energy Limited (TPREL) has announced that its subsidiary, TP Vardhaman Surya Limited, has been granted a Letter of Award (LOA) to establish a massive 966MW Round-the-clock (RTC) hybrid renewable power project for Tata Steel. This initiative is hailed as one of the largest industrial RTC power purchase agreements (PPAs) within the Group […]