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.