Tata Power mulls to double capex to Rs 12k cr in FY24; focus on renewables
Business | June 19, 2023 21:28 ISTTata Power will also focus on the power distribution business in the country and bid for discoms utilities in the country.
Tata Power will also focus on the power distribution business in the country and bid for discoms utilities in the country.
Tata Power has announced plans to set up 25,000 EV charging points across the country over the next five years to support faster adoption of e-mobility. The company is showcasing its range of hi-tech EV charging solutions at the Auto Expo 2023 in Greater Noida.
Tata Power Company Ltd said some of its IT systems were impacted by the cyber attack.
Tata to invest in renewable energy: During the company's annual general meeting on Thursday, its Chairman Natarajan Chandrasekaran said it has "planned a capex of over Rs 75,000 crore in next 5 years in renewables."
The 6.2 MWp solar carport deployed by Tata Power will generate 86.4 lakh kWh of electricity per year and is estimated to reduce 7,000 tons of carbon emissions annually and 1.6 lakh tons over its lifecycle, a regulatory filing said.
Tata Power on Thursday said it has received shareholders' approval to raise Rs 2,600 crore via issuance of preferential shares to its promoter Tata Sons.
Tata Power on Thursday said its wholly- owned subsidiary TPGEL has bagged an order to develop a 225 mega watt hybrid renewable power project.
Tata Power has joined hands with EV cab operator Prakriti E-Mobility to set up 50 art charging stations for electric vehicles in a phased manner. Last month, three Tata Group companies had unveiled a mega plan for the electric mobility space along with group company Tata Motors.
Tata Power on Monday said that its wholly-owned arm has received Letter of award from NTPC for a 250 mw solar project worth Rs 1,505 crore.
Tata Power on Monday said it has emerged as the successful bidder to own the licence for distribution and retail supply of electricity in Odisha's five circles together constituting Central Electricity Supply Utility of Odisha (CESU).
Tata Power on Monday said it will create an arm, TP Renewable Microgrid, to set up 10,000 microgrids to provide power to five millions homes across the country.
A Tata Power subsidiary will build a 100 megawatt (MW) solar project at Raghanesda in Gujarat's Banaskantha district, the leading integrated power major said on Friday.
Tata Power had reported PAT at Rs 619 crore during the same period a year ago.
Amid the ongoing war of words between Tata sons and Cyrus Mistry, Tata Power has said it has discharged all legal and fiduciary obligations in connection with its Mundra Ultra Mega Power Project (UMPP). "This
New Delhi: Tata Power in an agreement is all set to acquire Welspun Energy’s subsidiary, Welspun Renewable Energy Pvt Ltd (WREPL). The agreement has being made at an enterprise value of Rs 9,249 crore and
New Delhi: The Delhi High Court today sought the response of the city government and CAG on the pleas of two power distribution companies seeking that no action be taken against them based on a
New Delhi: US-based renewable energy major SunEdison on Thursday announced a long-term power agreement with Tata Power Delhi Distribution Ltd (TPDDL) to supply 180 MW solar power for the New Delhi area."This is the largest
New Delhi: Drugmaker Lupin will replace private sector electricity producer Tata Power on the BSE benchmark index Sensex from tomorrow.Since May 22, when the announcement was made by BSE, shares of Tata Power have lost
New Delhi: Three Indian companies Wipro, TataSteel and Tata Power have been named among the World's Most Ethical Companies by the Ethisphere Institute, a global leader in defining and advancing the standards of righteous business
Mumbai: Positive global and domestic cues coupled with strong expectations of further reforms in the upcoming budget led a benchmark index of Indian equities markets to gain 136.48 points or 0.46 percent during the week
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