Tata Power Plans ₹25,000 Crore Capital Expenditure in FY27, Half Earmarked for Renewable Energy
Tata Power has announced a ₹25,000 crore capital expenditure plan for FY27, with approximately half of the allocation directed towards renewable energy initiatives. The company has confirmed that clear execution plans are in place to support the deployment of this capital. This investment highlights Tata Power's continued strategic focus on scaling its clean energy and infrastructure capabilities.
Tata Power Plans to Commission 2.5–2.7 GW Capacity in FY27, With 200 MW Live and 500 MW Imminent
Tata Power has announced plans to commission 2.5–2.7 GW of new power generation capacity in FY27. Of this total, 200 MW is already operational, with an additional 500 MW expected to be commissioned within two weeks. The phased rollout indicates the company is actively progressing toward its full-year capacity addition targets. These developments underscore Tata Power's focus on significantly expanding its generation base during the fiscal year.
28Jul 26
Tata Power Selects Odisha for ₹6,675 Crore Ingot-Wafer Manufacturing Plant; Power Supply Deals with Three States Await Cabinet Approval
Tata Power has chosen Odisha as the location for a ₹6,675 crore ingot-wafer manufacturing plant, marking a significant move in solar manufacturing. Concurrently, power supply deals with three states are pending cabinet approval, as reported by a newspaper. The developments highlight the company's ongoing efforts to expand both its manufacturing footprint and power supply agreements across multiple states.
Tata Power Targets Profit After Tax of 10,000 Crores, Sets Sights on Nuclear Energy and DISCOM Privatizations
Tata Power has announced a strategic plan to raise its Profit After Tax to 10,000 crores, marking a significant financial milestone for the company. The company also plans to enter the nuclear energy segment, representing a major diversification of its energy portfolio. Additionally, Tata Power aims to expand its distribution network and intends to participate in all upcoming DISCOM privatizations, reinforcing its ambitions across both generation and distribution in India's power sector.
Tata Power Receives Ministry of Power Extension for Section 11 Instructions on Mundra Thermal Plant Until September 30
Tata Power has received an extension from the Ministry of Power for Section 11 instructions on its Mundra Thermal Plant, valid until September 30. Section 11 of the Electricity Act empowers the central government to direct generating companies to operate their facilities to ensure adequate electricity supply. The extension reflects continued regulatory oversight of the Mundra Thermal Plant by the Ministry of Power.
Tata Power Forms Wholly Owned Subsidiary TP Urja Limited
Tata Power has formed TP Urja Limited as a wholly owned subsidiary, representing a strategic corporate restructuring initiative. This development enhances the company's organizational framework and demonstrates its commitment to operational expansion through subsidiary formation.
Bernstein Initiates Tata Power Coverage with Outperform Rating, Sets Rs 443 Target Price
Bernstein has initiated coverage on Tata Power with an Outperform rating and Rs 443 target price, driven by India's energy security concerns post Russia/Iran disruptions. The brokerage expects accelerated electrification focusing on thermal, nuclear, storage, and grid expansion to benefit diversified players like Tata Power.
MOSL Issues Buy Rating for Tata Power with Rs 455 Target Price on Mundra SPPA Benefits
MOSL has assigned a Buy rating to Tata Power with Rs 455 target price, primarily driven by the Mundra SPPA agreement expected to reduce losses by ~75% and upgrade earnings by ~5%. The positive outlook is reinforced by strong performance from Odisha and Delhi distribution companies, rooftop solar growth, 10GW backward integration capabilities, and new opportunities in distribution and renewable energy sectors.
23Mar 26
Government Orders Tata Power's Imported Coal Plant in Gujarat to Operate at Full Capacity from April to June
The government has directed Tata Power to operate its imported coal plant in Gujarat at full capacity from April to June. This official order targets the company's Gujarat facility during the peak demand season. The directive emphasizes maximum capacity utilization to ensure adequate power supply during the three-month period.
Tata Power Commissions 1,000 MVA Transmission Infrastructure at Greater Noida
Tata Power commissioned 400/220 kV Metro Depot Substation and transmission lines at Greater Noida on January 9, 2026, adding 1,000 MVA transformation capacity. The project serves Greater Noida and NCR region while feeding surplus power into Northern Grid. Executed under subsidiary TP Jalpura Khurja Transmission Limited, this marks the first milestone of Jalpura-Khurja TBCB project. The addition expands Tata Power's transmission portfolio to 7,047 circuit kilometres across India.
09Jan 26
Andhra Pradesh Approves ₹158 Billion Clean Energy Projects Including Major Tata Power Investment
Andhra Pradesh government approved ₹158 billion worth of renewable energy projects at its 14th SIPB meeting, including Tata Power's ₹66.75 billion ingot and wafer plant, Websol Energy's ₹35.38 billion solar manufacturing facility, and Shirdi Sai Electrical's ₹55.71 billion transformer manufacturing unit. These approvals align with national ALMM policies and complement ReNew's earlier announced ₹600 billion investment in the state.
09Jan 26
Tata Power Stock Breaks Out from Descending Trendline Resistance with Upside Target
Tata Power Ltd has broken out from a descending trendline resistance after forming a double bottom pattern on daily charts. This technical development has created room for further upward movement, with experts suggesting short-term traders buy the stock targeting ₹470.00 within 3-4 months. The company operates across conventional and renewable energy, power services, and next-generation solutions including solar rooftops and EV infrastructure.