Tata Power Co. Ltd. witnessed significant institutional trading activity with a substantial block trade executed on the National Stock Exchange (NSE). The transaction represents a notable movement in the power sector stock, reflecting active participation from large investors.

Block Trade Details

The NSE block trade involved a considerable volume and value, demonstrating institutional interest in the power generation and distribution company.

Market Implications

Block trades are typically executed by institutional investors, mutual funds, or other large market participants who need to transact in significant volumes. These transactions are conducted outside the regular market to minimize price impact and ensure efficient execution of large orders.

The execution price of ₹367.00 per share for this block trade provides insight into the institutional valuation of Tata Power shares. Such transactions often indicate strategic positioning by institutional investors and can reflect confidence in the company's prospects or portfolio rebalancing activities.

Transaction Significance

The ₹18.87 crore transaction value represents a substantial single-day institutional activity for the power sector stock. Block trades of this magnitude typically involve careful planning and execution, as institutional investors seek to optimize their entry or exit strategies while managing market impact.

Tata Power has completed the acquisition of 100% equity stake in Jejuri Hinjewadi Power Transmission Limited (JHPTL) for ₹2.42 crore on January 9, 2026. The company disclosed this development under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, following the signing of the Share Purchase Agreement.

Acquisition Details

The transaction involves the complete takeover of JHPTL, a project special purpose vehicle established specifically for transmission services. The acquisition was structured as a cash transaction, with Tata Power purchasing the entire equity stake for the stated consideration amount.

Project Scope and Infrastructure

JHPTL was incorporated on March 28, 2025, as a special purpose vehicle to establish transmission infrastructure on a Build-Own-Operate-Transfer basis. The project encompasses significant transmission infrastructure development between two key locations.

The transmission system includes:

• Construction of approximately 115 km of 400 kV double-circuit transmission line
• Connection between Jejuri and Hinjewadi substations
• Extension of 400 kV GIS line bays at both substation locations
• Comprehensive transmission service provision

Regulatory Approvals and Timeline

The acquisition has received necessary regulatory clearances, with the Ministry of Power approving the share transfer of JHPTL. This regulatory approval was crucial for completing the transaction and ensuring compliance with power sector regulations.

Strategic Impact

The acquisition aligns with Tata Power's transmission business objectives, allowing the company to establish and operate transmission infrastructure through the Build-Own-Operate-Transfer model. The scheduled commercial operation date is set for 24 months from the date of SPV acquisition, indicating a clear timeline for project implementation.

This transaction represents Tata Power's continued expansion in the transmission segment, focusing on critical infrastructure development that will enhance power connectivity between Jejuri and Hinjewadi regions. The acquisition does not involve any related party transactions and was conducted at arm's length basis.