Tata Power Company Limited has achieved a significant operational milestone by reaching 10 GW in Engineering, Procurement, and Construction (EPC) execution capacity, marking a major achievement in the company's renewable energy expansion strategy.

Renewable Energy Capacity Performance

The company demonstrated strong performance in renewable energy development during FY26, with substantial growth across key metrics:

Third Quarter FY26 Highlights

The third quarter of FY26 showcased particularly robust execution capabilities, with Tata Power completing 941 MW of renewable energy capacity. This represents a remarkable 139% year-over-year increase, demonstrating the company's enhanced operational efficiency and project delivery capabilities.

Strategic Milestone Achievement

The achievement of the 10 GW EPC execution milestone represents a significant operational benchmark for Tata Power, reflecting the company's expanded capabilities in managing large-scale renewable energy projects. This milestone underscores the company's position as a major player in India's renewable energy sector.

Annual Performance Overview

For FY26, Tata Power commissioned a total of 1.88 GW of renewable energy capacity, marking a solid 33% year-over-year growth. This performance indicates consistent progress in the company's renewable energy development initiatives and demonstrates sustained momentum in project execution and commissioning activities.

Tata Power -led Odisha power distribution companies have secured prominent positions in the Ministry of Power's latest performance assessment, demonstrating sustained excellence in India's power distribution landscape. The Fourteenth Integrated Ratings and Rankings Report of Power Distribution Utilities for FY 2025 evaluated 65 power distribution utilities across the country, with the Odisha discoms achieving remarkable recognition for the third consecutive year.

Outstanding National Rankings

The assessment results showcase exceptional performance across all three Tata Power-led Odisha distribution companies. TPNODL emerged as a standout performer, securing the fifth rank nationally among all discoms evaluated in the comprehensive study.

Significant Operational Improvements

The Ministry of Power's report highlighted substantial improvements in Odisha's power distribution infrastructure, particularly in billing efficiency and financial performance metrics. Both TPNODL and TPCODL demonstrated exceptional progress, recording improvements of more than two percentage points in billing efficiency compared to previous assessments.

The assessment revealed efficient collection mechanisms across all three distribution companies, with each maintaining Days Receivable periods of 60 days or less. This performance indicator reflects streamlined revenue collection processes and effective customer payment cycles, contributing to overall financial stability.

Sector-Wide Milestone Achievement

The strong performance of these Odisha discoms coincided with a historic achievement for India's power distribution sector, which turned profitable at the national level for the first time in FY 2025. This milestone underscores the significance of sustained reforms and operational improvements across the country's distribution utilities.

Leadership Perspective and Strategic Focus

Gajanan Kale, Chief of Odisha Distribution Business and CEO of TPNODL, attributed the recognition to the team's dedicated focus on consumer service excellence and strategic technology investments. The leadership emphasized continuous efforts toward improving network reliability and enhancing customer experience through innovative solutions.

The Tata Power-led Odisha discoms operate as joint ventures with the Government of Odisha, actively participating in comprehensive distribution reforms. These initiatives include the implementation of smart grid automation systems, AI-based customer support mechanisms, and targeted loss reduction measures designed to optimize operational efficiency and service delivery.