Tata Power Forms Wholly Owned Subsidiary TP Urja Limited 1 hr ago Today
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.
Tata Power has named S Padmanabhan as the new chairman of its board of directors, effective January 4, 2017. Padmanabhan, who was appointed as an Additional Director on December 16, 2016, was swiftly elevated to the chairman position in less than a month. This leadership change comes at a crucial time for Tata Power as it navigates challenges and opportunities in India's evolving energy sector.
17May 25
Tata Power Sets Ambitious EBITDA Growth Target, Expands Clean Energy Portfolio
Tata Power announced plans to achieve a 15-17% CAGR in EBITDA over the next 2-3 years. Q4 EBITDA increased 14% YoY to Rs 3,829 crore. The company's clean energy portfolio now includes 25.7 GW total capacity, with 9.9 GW in clean energy projects. Odisha Discoms' Q4 profit surged three-fold YoY. Rooftop solar order book expanded 25% YoY to Rs 1,036 crore. Solar manufacturing capacity expected to exceed 3,700 MW. Q4 FY2024 saw revenue growth of 4.08% to Rs 17,956.80 crore, and net profit increase of 24.91% to Rs 1,306.10 crore.
Tata Power Unveils Ambitious Growth Strategy with Significant Capex Boost
Tata Power announces a significant increase in capital expenditure, rising from ₹16,000 crore in FY25 to ₹25,000 crore in FY26, a 56.25% year-on-year increase. The company reported strong financial performance in FY2024 with revenue of ₹63,272.30 crore and net profit of ₹4,280.10 crore. Tata Power is expanding across various energy sectors, including renewables, nuclear, and thermal power. The company sees no slowdown in renewable energy project additions and is awaiting government notification on nuclear power initiatives.
14May 25
Tata Power: ₹25,000 Crore Capex Plan for FY26, Declares Dividend, Reports 17% Q4 Profit Growth
Tata Power has declared a final dividend of ₹2.25 per share for FY2025, with a record date of June 20, 2025. The company reported a 17% increase in Q4 FY2025 consolidated net profit to ₹1,043.00 crore. Annual revenue for FY2025 reached ₹63,272.30 crore, up 11.89% year-over-year. Tata Power unveiled a ₹25,000 crore capex plan for FY26, with 50% allocated to renewables. The company plans to add 2.5-2.7 GW capacity in FY26 and is exploring expansion in power distribution and nuclear energy sectors.
14May 25
Tata Power Reports Strong Q4 FY23 Results, Announces Strategic Plans
Tata Power reported a 16.5% year-over-year increase in consolidated net profit for Q4 FY23, reaching ₹10.43 billion. Revenue grew by 7.5% to ₹170.96 billion. The company announced a final dividend of ₹2.25 per share. Strategic updates include plans to bid for Uttar Pradesh discom privatization and a gradual transition away from thermal power portfolio by 2045.
Tata Power's Q4 FY2025 results show impressive growth with net profit rising 25% to Rs 1,306.00 crore and revenue increasing 8% to Rs 17,096.00 crore year-on-year. The company has recommended a final dividend of Rs 2.25 per share. The Annual General Meeting is scheduled for July 4, 2025, with the record date set for June 20, 2025.
12May 25
Tata Power Sets Date for Q4 and FY25 Results Announcement
Tata Power will disclose its Q4 and FY2025 financial results on May 14, 2025. The board meeting on the same day will approve results and consider dividend declaration. An earnings call is scheduled for 6:00 PM. The trading window for designated persons is closed from March 25, 2025, until 48 hours post-result announcement.