Tata Power has announced its virtual participation in the upcoming Morgan Stanley India Industrials & Energy Seminar, scheduled for March 23, 2026. The company informed both BSE Limited and National Stock Exchange of India Limited about this investor engagement through a regulatory filing dated March 16, 2026.

Event Details and Participation Format

The seminar will feature virtual meetings between Tata Power and a group of institutional investors. This format allows the company to engage with multiple stakeholders while maintaining operational flexibility.

Regulatory Compliance and Disclosure

The announcement was made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. This regulatory framework ensures transparency in corporate communications with investors and analysts.

Tata Power has specifically clarified that no unpublished price-sensitive information relating to the company will be disclosed during these interactions with analysts and institutional investors. This commitment aligns with regulatory requirements for maintaining market integrity and fair disclosure practices.

Schedule Flexibility and Accessibility

The company has noted that the schedule for the meeting remains subject to change due to exigencies on the part of either the investors or the company. This flexibility ensures that both parties can accommodate any operational requirements that may arise.

The information regarding this investor meeting has been made available on the company's official website at www.tatapower.com , ensuring broader accessibility for stakeholders and the public.

Corporate Communication Framework

The formal communication was signed by Vispi S. Patel, Company Secretary (FCS 7021), and digitally authenticated on March 16, 2026. This structured approach to investor relations demonstrates the company's commitment to maintaining professional standards in stakeholder communications and regulatory compliance.

Tata Power has completed the first tranche investment of ₹50 crore in Dorjilung Hydro Power Limited (DHPL) as part of its strategic acquisition to secure a 40% equity stake in the 1125 MW hydro power project in Bhutan. This investment represents the initial phase of a total commitment of approximately ₹1,572 crore.

Investment Structure and Details

The company has subscribed to 50,00,000 equity shares of ₹100 each, equivalent to 40% of the issued and paid-up equity capital of DHPL. This transaction follows the shareholders agreement executed between Tata Power and Druk Green Power Corporation Limited (DGPC) in November 2025.

Project Overview

The Dorjilung Hydro Power Project represents a significant infrastructure development with an estimated project cost of ₹13,100 crore. Located in Bhutan, this project will contribute substantially to Tata Power's clean energy portfolio and support the company's green energy transition strategy.

Strategic Impact

This acquisition aligns with Tata Power's broader strategy of expanding its renewable energy footprint. The investment will be completed in multiple tranches over a period of six years, allowing for systematic capital deployment. Post-acquisition, DHPL will become an associate company of Tata Power, strengthening its position in the hydro power sector and contributing to India's clean energy objectives.