Tata Power Co. Ltd. executed a substantial block trade on the National Stock Exchange (NSE), marking a significant transaction in the power sector stock. The trade represents a notable institutional activity in one of India's leading integrated power companies.

Block Trade Details

The transaction details highlight the scale and pricing of this institutional trade:

Market Implications

Block trades are typically executed by institutional investors, mutual funds, or large stakeholders looking to buy or sell substantial quantities of shares without significantly impacting the stock's market price. These transactions are conducted outside the regular trading mechanism to ensure minimal market disruption.

The execution price of ₹381.50 per share provides a reference point for the stock's institutional valuation during this transaction. Such large-volume trades often indicate strategic portfolio adjustments by institutional investors or potential stake changes in the company.

Transaction Significance

The ₹46.09 crore transaction represents a meaningful volume of shares changing hands in a single block trade. For Tata Power, which operates across the power generation, transmission, and distribution segments, such institutional activity reflects continued investor interest in the company's stock.

Block trades serve as important indicators of institutional sentiment and can provide insights into large investor movements that might not be immediately visible through regular market trading patterns.

Tata Power has announced receiving a Letter of Intent (LOI) from REC Power Development and Consultancy Limited for a significant power transmission project acquisition. The disclosure was made on December 11, 2025, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Project Acquisition Details

The Letter of Intent pertains to the acquisition of Jejuri Hinjewadi Power Transmission Limited, which operates as a project special purpose vehicle (SPV). REC Power Development and Consultancy Limited, a wholly owned subsidiary of REC Limited, has awarded this project to Tata Power.

Technical Specifications and Scope

The project involves comprehensive transmission infrastructure development between two key locations in Maharashtra. The technical scope includes construction of approximately 115 km of 400kV double-circuit overhead transmission lines connecting Jejuri and Hinjewadi.

Additionally, the project encompasses:

• Extension of 400kV GIS line bays at substations in both Jejuri and Hinjewadi locations
• Construction and commissioning of 400kV double-circuit overhead transmission lines
• Complete transmission infrastructure setup for reliable power connectivity

Project Timeline and Operational Framework

The transmission project operates under a structured timeline with specific operational commitments. The Scheduled Commercial Operation Date (SCOD) is set for 24 months from the effective date of SPV transfer, providing a clear execution roadmap.

Strategic Significance

This acquisition represents Tata Power's continued expansion in the transmission sector, focusing on critical infrastructure development. The 35-year transmission service agreement provides long-term revenue visibility and strengthens the company's position in Maharashtra's power transmission network.

The project connects two important industrial and urban centers, potentially enhancing power supply reliability and grid stability in the region. The Build-Own-Operate-Transfer model ensures comprehensive project lifecycle management under Tata Power's operational expertise.

Regulatory Compliance

Tata Power has fulfilled all disclosure requirements under SEBI regulations, with detailed project information made available on the company's official website. The transaction does not involve any related party considerations, and no promoter or group company interests are present in the awarding entity.