Subject to shareholder approval, Banga will take over as CEO & Managing Director for a five-year term beginning May 1, 2027. Tata Power has appointed Sanjay Banga as CEO Designate and approved his appointment as CEO & Managing Director for a five-year term beginning May 1, 2027, as the company advances its transition towards renewable...
Tag: Tata Power
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Tata Power’s Q2 Profit Surges 33% to Record ₹16.52 Billion on Broad-Based Growth
The performance was driven by broad-based growth across conventional and renewable generation, transmission and distribution operations, and emerging consumer-focused clean-energy businesses. Tata Power reported its highest-ever quarterly profit, with consolidated profit after tax rising 33 per cent year-on-year to ₹16.52 billion in the second quarter of FY2026-27, supported by broad-based growth across generation, renewable energy,...
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Tata Power Deploys 60 MWh BESS to Strengthen Mumbai Grid Reliability
The installations form part of Tata Power’s broader strategy to modernise Mumbai’s electricity infrastructure and strengthen the resilience of the city’s power network. Tata Power has deployed 60 MWh of battery energy storage systems (BESS) across Mumbai to strengthen grid reliability, improve power procurement efficiency and support peak-demand management across its electricity distribution network serving...
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Tata Power Partners with Norway’s Ocean Sun to Pilot Membrane‑Based Floating Solar in India
The country’s floating solar potential is estimated at more than 102 GWp across reservoirs and inland water bodies. Tata Power, one of India’s largest integrated power companies, has partnered with Norway‑based renewable technology firm Ocean Sun to bring its innovative membrane‑based floating solar technology to India. The collaboration agreement was signed on the sidelines of the...
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Tata Power Commissions 400 kV Jalpura-Khurja Corridor to Strengthen NCR Grid
The project element includes a 400 kV double‑circuit line from Khurja to Jalpura and a 400/220 kV GIS substation with 1,000 MVA capacity. Tata Power, one of India’s largest integrated power companies, has commissioned the second element of its Jalpura-Khurja Transmission Project in Uttar Pradesh, further strengthening the state’s transmission infrastructure and enhancing connectivity to growing electricity demand...
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RECPDCL Hands Over Ryapte Transmission SPV to Tata Power
Tata Power emerged as the successful bidder in the tariff‑based competitive process, with the project slated for completion in 30 months. REC Power Development and Consultancy Ltd (RECPDCL), a wholly owned subsidiary of power sector financier REC Ltd, handed over Ryapte Power Transmission Ltd, the project‑specific special purpose vehicle (SPV), to Tata Power Co. Ltd...
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Tata Power Renewables Breaks Ground on 800 MW Hybrid Project in Andhra Pradesh
The project will generate annual lease income and create around 4,000 jobs across development, construction, and operations. Tata Power Renewable Energy Ltd (TPREL), a subsidiary of Tata Power and one of India’s leading clean energy companies, held the groundbreaking ceremony for its 800 MW renewable energy project in Kurnool, Andhra Pradesh, on Thursday. The project...
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Tata Power Wins SECI Award for 324 MW Supply from Bhivpuri Pumped Hydro Project
The project will be developed under the BOO and will provide eight hours of energy storage, enabling reliable dispatch of electricity during peak demand periods. Tata Power has received a letter of award from the Solar Energy Corp. of India Ltd (SECI) for the supply of 324 MW power from its 1,000 MW pumped hydro...
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Tata Power Commissions 100.8 MW Jewali Wind Project in Maharashtra
The project will supply nearly 299 million units of clean electricity each year to Tata Power Mumbai Distribution. Tata Power Renewable Energy Ltd (TPREL), a subsidiary of The Tata Power Co. Ltd, has commissioned its 100.8 MW Jewali Wind Project in Dharashiv district, Maharashtra. The electricity generated will be supplied to Tata Power Mumbai Distribution,...
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Bhutan, World Bank Seal $515 Million Pact for Dorjilung Hydropower
A PPP between state‑owned Druk Green Power Corp. and India’s Tata Power, the project is expected to lift Bhutan’s GDP by 2.4 per cent, generate jobs, and spur entrepreneurship across manufacturing, tourism, and small businesses. The Government of Bhutan and the World Bank have signed financing agreements worth $515 million for the 1,125 MW Dorjilung...