The Tata Power Company Limited filed its Business Responsibility and Sustainability Report (BRSR) for FY26 with BSE Limited and National Stock Exchange of India Limited. The filing, made on June 10, 2026, discloses an installed and managed capacity of 16.7 GW as of March 31, 2026, comprising thermal, hydroelectric, renewable energy, and waste heat recovery sources. The report highlights that 47% of the company's capacity, in megawatt terms, is attributed to clean and green generation sources including hydro, wind, solar, and waste heat recovery.

The BRSR is prepared pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. TUV India Private Limited provided the Independent Practitioner’s Reasonable Assurance Report for the BRSR Core and Limited Assurance for other indicators. The company reported serving more than 13 million consumers through its distribution companies, operating under public-private partnership models in Delhi and Odisha.

Operational and Financial Metrics

The company reported a turnover of ₹63,681 crore and a net worth of ₹42,153 crore for the financial year. Tata Power’s operations span 19 states and 2 union territories nationally, along with a presence in 7 countries including Bhutan, Indonesia, and South Africa. Exports accounted for 0.3% of the total turnover. The company’s business activities are segmented into generation, renewables, and transmission & distribution, with transmission & distribution contributing 65% to the total turnover.

Workforce and Social Impact

As of the end of FY26, the company employed 23,345 employees and 86,317 workers. The workforce included 52 differently abled employees. Tata Power spent 0.08% of its total revenue on well-being measures for employees and workers. The company’s Corporate Social Responsibility (CSR) initiatives covered 52 lakh beneficiaries across 21 states, utilizing ₹100.54 crore in CSR funds.

Environmental Performance

The company is committed to achieving Net Zero by 2045 and has validated Science Based Targets initiative (SBTi) targets. Tata Power has implemented Zero Liquid Discharge (ZLD) systems at its major thermal power plants and aims to achieve Zero Waste to Landfill by 2030. The report details material issues such as climate strategy, emissions management, and water stewardship, outlining both risks and opportunities associated with the transition to renewable energy.

The Tata Power Company Limited has filed its Integrated Annual Report for FY26 under Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with the stock exchanges on June 10, 2026. The report has been prepared in accordance with the International Integrated Reporting Framework and GRI Standards 2021, marking the company's seventh integrated report. The 107th Annual General Meeting (AGM) is scheduled for Tuesday, July 7, 2026, at 10:30 a.m. IST through Video Conferencing/Other Audio Visual Means.

AGM and Dividend Details

The Board has recommended a dividend of ₹2.50 per equity share for FY26, subject to shareholder approval at the AGM. The record date for dividend eligibility is Tuesday, June 23, 2026, and payment is expected on or after Friday, July 10, 2026, subject to tax deduction at source. Remote e-voting for the AGM commences on Friday, July 3, 2026, at 9:00 a.m. IST and closes on Monday, July 6, 2026, at 5:00 p.m. IST, with the cut-off date for e-voting eligibility set at Tuesday, June 30, 2026.

FY26 Financial Performance

Tata Power reported consolidated revenue of ₹63,681 crore in FY26, with a PAT of ₹5,118 crore, reflecting a 7% year-on-year growth. PAT before exceptional items stood at ₹5,212 crore. Consolidated EBITDA grew 11% year-on-year to ₹16,090 crore. On a standalone basis, the company reported revenue of ₹12,969 crore, PAT of ₹1,125 crore, and EBITDA of ₹4,369 crore. The Board declared a dividend of ₹2.50 per equity share, with a total estimated cash outflow of ₹798.83 crore.

Operational Highlights

Tata Power operates a diversified 16,716 MW generation portfolio, of which 7,856 MW (47%) is derived from clean and green sources. The company commissioned 2,452 MW of renewable energy projects in FY26, up 26% year-on-year. The 4.3 GW solar cell and module manufacturing plant at Tirunelveli produced 3,825 MW of modules and 3,759 MW of cells during the year, operating at industry-leading yields of over 95%. The company crossed 3,70,000 rooftop solar installations, with cumulative capacity exceeding 4.8 GWp, maintaining its position as India's No. 1 rooftop solar provider for eleven consecutive years.

Strategic Developments

During FY26, Tata Power entered into joint ventures with Druk Green Power Corporation (DGPC) for the development of the 600 MW Khorlochhu Hydro Power Project and the 1,125 MW Dorjilung Hydropower Project in Bhutan, acquiring 40% equity stakes in each. Construction on the 1,000 MW Bhivpuri Pumped Storage Project in Maharashtra is underway, with commissioning targeted for CY 2029. The company also executed a Supplementary Power Purchase Agreement (SPPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for the Mundra Thermal Power Plant, effective April 1, 2025. The Integrated Annual Report is available on the company's website and on the NSDL e-voting platform.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE245A01021/fd4e23a5-e816-48d6-80b7-2389fe06835a.pdf