Tata Power Renewable Energy Limited has reached a significant milestone by achieving 1 GWp rooftop solar installation capacity within the first nine months of FY26. This achievement spans both residential and Commercial & Industrial segments, demonstrating accelerated growth momentum and solidifying the company's position as India's leading rooftop solar solutions provider.

Outstanding Growth Performance

The company's performance metrics showcase exceptional growth across multiple parameters during the nine-month period of FY26:

The third quarter of FY26 marked a particularly strong performance period, with the company achieving 58,476 installations and adding 372 MWp capacity. This represented an exceptional 242% year-on-year growth compared to 17,092 installations recorded in Q3 FY25.

State-wise Performance Analysis

During the nine-month period, several states emerged as key contributors to Tata Power Renewable Energy's growth trajectory:

Uttar Pradesh led in terms of installation numbers, while Gujarat contributed the highest installed capacity despite fewer installations, indicating larger average system sizes in the state.

Cumulative Market Leadership

On a cumulative basis, the company's geographic performance demonstrates strong pan-India presence:

Maharashtra maintains its position as the leading market, followed by Gujarat, Tamil Nadu, and Chhattisgarh, collectively underscoring the company's execution capabilities and sustained growth momentum across major rooftop solar markets.

Strategic Initiatives and Market Position

Tata Power Renewable Energy has maintained its position as India's number one rooftop solar player for the past decade, according to BTI Research. The company operates through a comprehensive network of 650+ channel partners, ensuring scale, consistency, and reliability in rooftop solar deployment across the country.

The company's growth aligns with the Government of India's Pradhan Mantri Surya Ghar Yojana, with Tata Power driving awareness through its flagship Ghar Ghar Solar campaign. This initiative focuses on enabling widespread adoption of rooftop solar across Indian households, contributing to the nation's transition toward sustainable energy solutions.

Comprehensive Service Offering

Tata Power Solarroof provides an integrated end-to-end rooftop solar proposition that includes:

This comprehensive approach enables customers to transition confidently to cleaner, more reliable, and resilient energy solutions across residential, commercial, and industrial segments. The company continues to contribute meaningfully to India's clean energy journey, supporting the country's ambition of achieving 500 GW of non-fossil fuel capacity by 2030 and progressing toward net-zero emissions by 2070.

Tata Power Co. Ltd. recorded another significant block trade on the National Stock Exchange (NSE) worth ₹40.34 crores. This latest large-scale transaction continues to demonstrate institutional activity in the power sector company's shares.

Latest Block Trade Details

The most recent transaction involved the following parameters:

Previous Block Trade Activity

Tata Power had previously recorded a substantial block trade worth ₹182.76 crores involving 4,693,341 shares at ₹389.40 per share. The comparison between recent block trades shows:

Market Implications

Block trades represent large-volume transactions typically executed by institutional investors, mutual funds, or other significant market participants. These transactions are conducted outside the regular market to avoid impacting the stock's market price during execution. The continued block trade activity indicates sustained investor interest in Tata Power's equity.

The execution price of ₹390.60 per share in the latest transaction shows a slight premium compared to the previous block trade price of ₹389.40, reflecting the valuation at which institutional participants were willing to transact. Such transactions often signal portfolio rebalancing, strategic investments, or significant stake changes by institutional investors.

Transaction Significance

With over 1 million shares changing hands in this latest block trade, the transaction represents meaningful trading activity. The continued occurrence of block trades in Tata Power shares suggests ongoing institutional interest and portfolio adjustments by large investors in the power sector company.