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Tata Power Company Ltd

Thu 13/03/2025,15:59:35 | NSE : TATAPOWER

₹ 350.75-5.50 (-1.54%)

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Market Data

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Open

₹ 360.50

Previous Close

₹ 356.25

Volume

4898500

Mkt Cap ( Rs. Cr)

₹112076.53

High

₹ 360.80

Low

₹ 350.00

52 Week High

₹ 494.85

52 Week Low

₹ 326.35

Book Value Per Share

₹ 105.40

Dividend Yield

0.57

Face Value

₹ 1.00

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Buy

79.61%

Hold

9.82%

Sell

10.57%

79.61%

168779 users have voted

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Sell Order Quantity

100%

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Qty

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0

Bid Price

Qty

350.75

2823

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Bid Total

2823

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News

Media spotlight triggers stock stock attention, sentiment.

  • Tata Power Co. - Press Release

    7 Mar 2025, 7:41PM Tata Power Company Limited has informed the Exchange regarding a press release dated March 07, 2025, titled ""Tata Power Renewable Energy Limited and
  • Tata Power Co. - Awarding of order(s)/contract(s)

    28 Feb 2025, 11:27AM Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that TP Solar Limited
  • Tata Power Co. - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    27 Feb 2025, 6:02PM Press Release titled \ TP Solar Limited, Tata Power's Solar Manufacturing Arm, wins ? 632 crore Contract from SECI to supply of 292.5 MWp DCR Solar Mo
  • Tata Power Co. - Press Release

    27 Feb 2025, 5:58PM Tata Power Company Limited has informed the Exchange regarding a press release dated February 27, 2025, titled ""Press Release titled TP Solar Limite
  • Tata Power Co. - Analysts/Institutional Investor Meet/Con. Call Updates

    27 Feb 2025, 3:29PM Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI LODR Regulations, 2015, as amended, we would like to inform you that the
  • Tata Power Co. - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    27 Feb 2025, 3:49PM Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI LODR Regulations, 2025, as amened, we hereby inform that Company's Manage
  • Tata Power Co. - Credit Rating- Others

    25 Feb 2025, 6:43PM Tata Power Company Limited has informed the Exchange about Credit Rating- Update
  • Tata Power Co. - Announcement under Regulation 30 (LODR)-Credit Rating

    25 Feb 2025, 6:42PM Update in Credit Rating issued by Moody's
  • Tata Power Co. - Press Release

    25 Feb 2025, 6:08PM Press release titled Tata Power Signs Landmark MoU with Assam Government to Develop and Tie up upto 5000 MW of Renewable and Clean Energy with &#8377
  • Tata Power Co. - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    25 Feb 2025, 6:01PM Press Release titled \Tata Power Signs Landmark MoU with Assam Government to Develop and Tie up upto 5000 MW of Renewable and Clean Energy with Rs. 30
  • Tata Power Co. - Press Release

    20 Feb 2025, 12:12PM Tata Power Company Limited has informed the Exchange regarding a press release dated February 20, 2025, titled ""Tata Power partners with Amazon Web S
  • Tata Power Co. - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    20 Feb 2025, 12:14PM Press Release titled ' Tata Power partners with Amazon Web Services to Drive Smart & Consumer-Centric Energy Transition in India.'
  • Tata Power Co. - Notice Of Shareholders Meetings-XBRL

    18 Feb 2025, 3:53PM Tata Power Company Limited has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot
  • Tata Power Co. - Copy of Newspaper Publication

    16 Feb 2025, 7:08PM Tata Power Company Limited has informed the Exchange about Copy of Newspaper Publication
  • Tata Power Co. - Notice Of Shareholders Meetings-XBRL

    15 Feb 2025, 4:55PM Tata Power Company Limited has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot
  • Tata Power Co. - Shareholders meeting

    15 Feb 2025, 9:12AM Tata Power Company Limited has informed the Exchange regarding Notice of Postal Ballot
  • Tata Power Co. - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

    15 Feb 2025, 9:15AM Postal Ballot Notice
  • Tata Power Co. - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    14 Feb 2025, 9:16PM The Company will be attending Kotak Investor Conference scheduled to be held on Tuesday, February 18, 2025, in Mumbai.
  • Tata Power Co. - Analysts/Institutional Investor Meet/Con. Call Updates

    14 Feb 2025, 9:11PM Tata Power Company Limited has informed the Exchange about the Company will be attending Kotak Investor Conference, scheduled to be held on Tuesday, F
  • Tata Power Co. - Press Release

    12 Feb 2025, 5:29PM Tata Power Company Limited has informed the Exchange regarding a press release dated February 12, 2025, titled ""Tata Power Renewable Energy Limited a
  • Tata Power Co. - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    12 Feb 2025, 5:33PM Press Release titled - '\Tata Power Renewable Energy Limited and ONGC Collaborate to Lead the Way in Battery Energy Storage System\.
  • Tata Power Co. - Analysts/Institutional Investor Meet/Con. Call Updates

    7 Feb 2025, 5:22PM Tata Power Company Limited has informed the Exchange about Schedule of meet
  • Tata Power Co. - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    7 Feb 2025, 5:21PM The Company will be meeting single investor/institutional investors which is scheduled on February 12, 2025 and February 13, 2025, respectively.
  • Tata Power Co. - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    7 Feb 2025, 4:16PM Earning call transcripts for Q3 FY25 Results
  • Tata Power Co. - Analysts/Institutional Investor Meet/Con. Call Updates

    7 Feb 2025, 4:14PM Tata Power Company Limited has informed the Exchange about Transcript
  • Tata Power Co. - Regulation 30 -Update

    6 Feb 2025, 5:17PM Regulation 30 -Update
  • Tata Power Co. - Disruption of Operations

    6 Feb 2025, 5:15PM Tata Power Company Limited has informed the Exchange about Disruption of Operations
  • Tata Power Co. - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    6 Feb 2025, 5:06PM Press Release titled ' Tata Power's Trombay Unit 5 resumes power supply to Mumbai'.
  • Tata Power Co. - Press Release

    6 Feb 2025, 5:05PM Tata Power Company Limited has informed the Exchange regarding a press release dated February 06, 2025, titled ""Press release titled Tata Power s T
  • Tata Power Co. - Analysts/Institutional Investor Meet/Con. Call Updates

    5 Feb 2025, 10:02PM Tata Power Company Limited has informed the Exchange that the Company will be attending the Nuvama Conference at St. Regis in Mumbai, scheduled to be
  • Tata Power Co. - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    5 Feb 2025, 9:59PM The Company will be attending the Nuvama Conference at St. Regis in Mumbai, scheduled to be held on Monday, February 10, 2025.
  • Tata Power Co. - Copy of Newspaper Publication

    5 Feb 2025, 2:24PM Tata Power Company Limited has informed the Exchange about Copy of Newspaper Publication
  • Tata Power Co. - Analysts/Institutional Investor Meet/Con. Call Updates

    4 Feb 2025, 9:40PM Tata Power Company Limited has informed the Exchange about Link of Recording
  • Tata Power Co. - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    4 Feb 2025, 9:33PM Analyst Call Recording for Q3 FY25 Financial Results.
  • Tata Power Co. - Investor Presentation

    4 Feb 2025, 4:24PM Tata Power Company Limited has informed the Exchange about Investor Presentation
  • Tata Power Co. - Press Release

    4 Feb 2025, 4:14PM Tata Power Company Limited has informed the Exchange regarding a press release dated February 04, 2025, titled ""Tata Power delivers strong performanc
  • Tata Power Co. - Integrated Filing- Financial

    4 Feb 2025, 4:04PM Integrated Filing- Financial
  • Tata Power Co. - Outcome of Board Meeting

    4 Feb 2025, 3:56PM Tata Power Company Limited has informed the Exchange regarding Board meeting held on February 04, 2025.
  • Tata Power Co. - Results For The Quarter And Nine Months Ended December 31, 2024.

    4 Feb 2025, 3:55PM Results for the quarter and nine months ended December 31, 2024.
  • Tata Power Co. - Financial Result Updates

    4 Feb 2025, 3:55PM Tata Power Company Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • Tata Power Co. Q3 net profit jumps 85.54% at Rs 977.92 cr

    4 Feb 2025, 4:41PM The company reported standalone net profit of Rs 977.92 crore for the quarter ended December 31, 2024 as compared to Rs 527.08 crore in the same perio
  • Tata Power Co. - Announcement under Regulation 30 (LODR)-Investor Presentation

    4 Feb 2025, 4:23PM Investor Presentation for Q3 FY25 Results
  • Tata Power Co. - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    4 Feb 2025, 4:10PM Press Release titled - Q3 FY25 Results
  • Tata Power Co. - Integrated Filing (Financial)

    4 Feb 2025, 4:06PM Integrated Filing for Q3 FY25 Results
  • Tata Power Co. - Board Meeting Outcome for Outcome Of Board Meeting For Q3 FY25 Results

    4 Feb 2025, 3:58PM Outcome of Board Meeting for Q3 FY25 Results
  • Tata Power Co. - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    31 Jan 2025, 9:13PM Press Release titled ' Tata Power Renewable Energy Limited signs MOU with Rajasthan Discoms to Accelerate Rooftop Solar Adoption.'
  • Tata Power Co. - Press Release

    31 Jan 2025, 9:08PM Tata Power Company Limited has informed the Exchange regarding a press release dated January 31, 2025, titled ""Tata Power Renewable Energy Limited si
  • Tata Power Co. - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    27 Jan 2025, 6:52PM Press Release titled \TP Solar Limited, Tata Power's Solar Manufacturing Arm, Secures Rupees 455 crore Contract to Supply 300 MWp ALMM Modules to Maha
  • Tata Power Co. - Press Release

    27 Jan 2025, 6:51PM Tata Power Company Limited has informed the Exchange regarding a press release dated January 27, 2025, titled ""TP Solar Limited, Tata Power s Solar M
  • Tata Power Co. - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    23 Jan 2025, 6:32PM We hereby inform that the Analyst Call to discuss the results for Q3FY25 will be held on Tuesday, February 4, 2025, from 6:00 p.m. (IST) onwards.
  • Tata Power Co. - Analysts/Institutional Investor Meet/Con. Call Updates

    23 Jan 2025, 5:43PM Tata Power Company Limited has informed the Exchange about Schedule of Analyst Meet to discuss the results for Q3FY25 will be held on Tuesday, Februar
  • Tata Power Co. has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2024

    20 Jan 2025, 1:10PM As of December 2024, 46.86% is owned by Indian Promoters and 53.14% by Public. <p align=justify> Institutional holds 25.49% (Insurance Companies 5.60%
  • Tata Power Co. - Trading Window-XBRL

    13 Jan 2025, 5:41PM Tata Power Company Limited has informed the Exchange about Closure of Trading Window
  • Tata Power Co. - Board Meeting Intimation

    13 Jan 2025, 5:14PM TATA POWER COMPANY LIMITED has informed the Exchange about Board Meeting to be held on 04-Feb-2025 to inter-alia consider and approve the Audited Fina
  • Tata Power Co. - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    7 Jan 2025, 2:23PM Tata Power Company Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Tata Power Co. - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    7 Jan 2025, 2:18PM Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended December 31, 2024.
  • Tata Power Co. - General Updates

    1 Jan 2025, 9:47PM Tata Power Company Limited has informed the Exchange about Change in The Name of The Registrar and Share Transfer Agent of the Company
  • Tata Power DDL partners with Baaz Bikes to provide battery swapping service

    20 Dec 2024, 4:50PM Tata Power Delhi Distribution on Friday said it has joined hands with Baaz Bikes for augmenting and setting up of electric vehicle battery swapping st
  • Tata Power Co. - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    20 Dec 2024, 10:17AM Press Release - Tata Power Renewable Energy Limited Partners with Canara Bank to Promote PM Surya Ghar Scheme.
  • Tata Power Co. - Press Release

    20 Dec 2024, 10:16AM Tata Power Company Limited has informed the Exchange regarding a press release dated December 20, 2024, titled ""Tata Power Renewable Energy Limited P
  • Tata Power Co. - Loss/Duplicate-Share Certificate-XBRL

    18 Dec 2024, 10:21AM TATA POWER COMPANY LIMITED has informed the Exchange about Issue of duplicate share certificates/Letter of Confirmation
  • Tata Power Co. - Issue of Duplicate Share Certificate

    18 Dec 2024, 10:21AM Tata Power Company Limited has informed the Exchange about Issue of Duplicate Share Certificate
  • Tata Power Company

    10 Mar 2025 , 9:00AM Tata Power Renewable Energy and Andhra Pradesh government signed an MoU to develop up to 7,000 MW of renewable energy projects, with an estimated investment of Rs 49,000 crore. Positive
  • Tata Power Company

    27 Feb 2025 , 10:49AM The company signed an MoU with the Assam government for up to 5000 MW of renewable and clean energy with an investment of Rs. 30,000 crore. Positive
  • Tata Power partners with Amazon Web Services for energy transition in India

    20 Feb 2025 , 1:41PM Tata Power partners with Amazon Web Services to Drive Smart & Consumer-Centric Energy Transition in India
  • Tata Power Company

    13 Feb 2025 , 11:10AM The company's arm will partner with ONGC to explore joint opportunities in battery energy storage
  • Tata Power Company

    7 Feb 2025 , 12:19PM The company has successfully restored Unit 5, with a 500 MW capacity, at its Trombay Thermal Power Station in record time, ensuring power supply to the grid after a fire in the cable vault on Sept. 23, 2024.
  • Stock update: Tata Power Q3FY2025 result update

    7 Feb 2025 , 12:03PM Stock update: Tata Power Q3FY2025 result update – Inline Q3; RE business to drive growth
  • Tata Power Company

    28 Jan 2025 , 9:00AM TP Solar receives Rs 455-crore contract to supply 300 MWp of solar modules to Maharashtra State Power Generation. Positive
  • Tata Power Renewable partners with CanaraBank to promote PM Surya Ghar Scheme

    20 Dec 2024 , 11:03AM Affordable solar financing options to make clean energy accessible to Indian households
  • Stock update: Tata Power company update

    16 Dec 2024 , 11:48AM Stock update: Tata Power company update – Renewable business to power growth
  • Tata Power commissions 431 MW DC solar plant in Neemuch, Madhya Pradesh

    3 Dec 2024 , 10:46AM Project features a unique blend of single-axis solar tracker & bi-facial modules
  • Tata Power Company

    22 Nov 2024 , 10:48AM The company signed a memorandum of understanding with Asian Development Bank for $4.25 billion to finance key clean energy power projects. Positive
  • Tata Power Company

    21 Nov 2024 , 10:03AM The company entered into a strategic partnership with Druk Green Power Corporation, a subsidiary of Druk Holding and Investments Ltd., the sole generation utility of Bhutan, to collaborate and develop at least 5,000 MW of clean energy generation capacity in Bhutan. Positive
  • Tata Power gets LoI from REC arm.

    17 Oct 2024 , 10:10AM Tata Power gets LoI from REC arm to acquire ERES-XXXIX power transmission, annual trans charges Rs. 290 cr
  • Tata Power Company

    1 Oct 2024 , 9:33AM Tata Power: Company has signed MOU with Rajasthan. Govt for a 10 year plan involving a total investment of Rs 1.2 lakh crore. Investment will be made in Renewable energy projects, T&D, Nuclear Power, Roof top solar and EV charging. Positive
  • Stock update: Tata Power

    30 Sep 2024 , 12:04PM Stock update: Tata Power – Renewable energy business to drive growth
  • Tata Power Renewable Energy secures 400 MW Hybrid Project from MSEDCL

    18 Sep 2024 , 1:06PM Tata Power Renewable secures LoA from MSEDCL for the development of a 400 MW Wind-Solar Hybrid project in Maharashtra
  • NTPC, Tata Power Company

    27 Aug 2024 , 11:17AM India had solar installations of a record 15 GW during the first half of 2024, a growth of 282% yoy. (Positive)
  • Tata Power Company

    21 Aug 2024 , 10:51AM Company's credit rating upgraded to BBB- from BB+ by S&P , outlook maintained to positive. Positive
  • Stock update: Tata Power Q1FY2025 result update

    12 Aug 2024 , 12:10PM Stock update: Tata Power Q1FY2025 result update – Strong Q1; Renewable energy business to drive growth
  • Tata Power arm partners with Bank Of India

    26 Jul 2024 , 2:20PM Tata+Power+Solar+is+Bank+of+India's+first+green+partner+for+financing+Solar+and+EV+charging+stations
  • Tata Power Microgrid Arm partners with National Dairy Development Board

    25 Jul 2024 , 11:16AM Tata Power's Microgrid Arm partners with National Dairy Development Board to Solarise Milk Value Chain
  • Tata Power Renewable to sign MoU with NHPC Renewable

    18 Jul 2024 , 11:57AM Tata Power Renewable to sign MoU with NHPC Renewable for Rooftop Solar Projects
  • Tata Power

    13 Jun 2024 , 9:43AM Company strengthens its nationwide e-bus charging network with 850+ high-capacity fast charging points across Delhi, Mumbai, Bengaluru, Ahmedabad, Goa and Jammu and Kashmir. Positive
  • Tata Power Solar System partners with Indian Bank

    23 Apr 2024 , 2:39PM Tata Power Solar Systems partners with Indian Bank to drive solar rooftop adoption in residential segment
  • Tata Power's arm TP Saurya Limited commissions 200 MW solar project in Bikaner, Rajasthan

    1 Apr 2024 , 3:36PM TP Saurya Commissions 200 MW Solar Project in Bikaner, Rajasthan
  • Tata Power commissions Solar and Battery Energy Storage Systems project

    12 Mar 2024 , 1:58PM Tata Power Solar Commissions India's largest Solar and Battery Energy Storage project in Chhattisgarh
  • Tata Power Company

    11 Mar 2024 , 9:58AM The Maharashtra Electricity Regulatory Commission (MERC) has approved an average tariff hike of ~24% for Tata Power for FY25 with effect from April 01, 2024. Positive read through for Tata Power.
  • Tata Power, Union Bank renews partnership to boost rooftop

    5 Mar 2024 , 12:37PM Tata Power and Union Bank renews partnership to boost rooftop solar adoption among residential consumers
  • Tata Power's unit collaborates with BluSmart for green power

    21 Feb 2024 , 12:29PM Strategic collaboration marks a significant step towards BluSmart's
  • Reliance Industries, Tata Power, Adani Power , Vedanta Ltd

    21 Feb 2024 , 10:47AM As per media report, the government will invite private firms to invest about $26 billion in country’s nuclear energy sector. The government is in talks with at least five private firms including Reliance Industries, Tata Power, Adani Power and Vedanta Ltd to invest around 440 billion rupees ($5.30 billion) each. With the investment, the government hopes to build 11,000 megawatts (MW) of new nuclear power generation capacity by 2040.
  • Tata Power Company

    19 Feb 2024 , 10:38AM The company has received a Letter of Intent (LOI) from REC Power Development and Consultancy, a wholly-owned subsidiary of REC, to acquire Jalpura Khurja Power Transmission, a project special purpose vehicle (SPV). The Jalpura Khurja Power Transmission Project would be developed on a build-own-operate transfer basis to provide transmission service for 35 years from the schedule date of commercial operation (SCOD), which is 18 months from the date of SPV acquisition. The estimated project cost Rs 838 crore.
  • Tata Power signs agreement worth Rs. 105 crores with Tata Communications

    14 Feb 2024 , 1:26PM Tata Power signs agreement worth Rs. 105 crores with Tata Communications to set up 18.75 MW AC Grp captive solar plant
  • Tata Consumer set to acquire Capital Foods, Organic India

    12 Jan 2024 , 12:11PM Company signs accord for renewable energy projects of Rs 70000 crore with Gujarat government
  • Tata Power Company

    12 Jan 2024 , 10:24AM Subsidiary Tata Power Renewable Energy has signed a memorandum of understanding (MoU) with the Government of Gujarat to develop 10,000 MW of renewable energy power projects across multiple sites in Gujarat. This collaboration will support achieving the ambitious goal of generating 50 percent of power from renewable sources by 2030. The said project has a total investment potential of Rs 70,000 crore. Positive for Tata Power.
  • Tata Power Company

    10 Jan 2024 , 9:52AM The company's subsidiary Tata Power Renewable Energy Limited (‘TPREL’), has signed Memoranda of Understanding with the Government of Tamil Nadu to support in the development of the state's renewable energy landscape and accelerate India's clean energy transition. The company will explore opportunities to develop 10,000 MW of Renewable Energy Power Projects across solar, wind, hybrid, RTC, peak, Firm and Dispatchable Renewable Energy (FDRE), etc. over the next five to seven years. The total investment is estimated at Rs 70000 crores Positive read through.
  • Tata Power in 2 MoUs with Tamil Nadu government with an investment of Rs. 73,800 cr

    9 Jan 2024 , 2:44PM MoU with Tamil Nadu Government by Tata Power Renewable Energy Ltd, a subsidiary Company
  • Tata Power Company

    18 Dec 2023 , 9:56AM Tata Power Solar Systems Limited (TPSSL), a wholly owned subsidiary of Tata Power Renewable Energy Limited (TPREL) has signed a contract to supply 152 MWp DCR Solar PV Modules for NTPC’s Nokh Solar PV Project in Rajasthan. The project order value is ~Rs418 crore. Positive read through for Tata Power
  • Stock update: Tata Power Company

    14 Dec 2023 , 10:33AM Stock update: Tata Power Company Limited – Focus on RE transition to drive growth
  • Tata Power, IOCL collaborates for Nationwide EV Charging Network

    11 Dec 2023 , 1:47PM Tata Power collaborates with IOCL to deploy 500+ fast & ultra-fast EV charging points across India
  • Tata Power Company

    4 Dec 2023 , 10:23AM The company has won the bid to acquire Bikaner-III Neemrana-II Transmission, a special purpose vehicle (SPV) set up by PFC Consulting, a subsidiary of Power Finance Corporation. The company will maintain the transmission project for a period of 35 years. The project is estimated to cost Rs 1,544 crore and is expected to be commissioned within 24 months from the date of the transfer of the project SPV. Positive for the Stock
  • Tata Power

    29 Nov 2023 , 10:02AM The company's subsidiary Tata Power Renewable Energy Limited secures letter of Award for development for 200 MW Firm and Dispatchable Renewable Energy Project with SJVN Limited. The project will a hybrid combination of solar, wind, and battery storage of appropriate capacities. The tender includes a Greenshoe option, allowing for additional capacity beyond the initial 200 MW. Positive for Tata Power.
  • Tata Power Company

    21 Nov 2023 , 10:21AM Tata Power Company: Company’s subsidiary Tata Power Renewable Energy (TPREL) has crossed the 1.4 GW capacity of group captive projects in the last seven months. This achievement is the result of the signing of power delivery agreements (PDAs) with various industries across segments. With these group captive projects, TPREL's overall renewables capacity as of October 2023 has reached 7,961 MW. Positive for the stock.
  • Tata Power Company

    30 Oct 2023 , 1:25PM The company's renewable energy arm inked a power delivery agreement with Mukand Ltd., a Bajaj Group company, for a 43.75 MW AC Group Captive Solar project. Positive read through for Tata Power.
  • Tata Power Company

    23 Oct 2023 , 10:14AM The company's subsidiary Tata Power Renewable Energy has signed a 12.5 MW power delivery agreement (PDA) with Supreme Petrochem in Achegaon, Maharashtra. Positive for Tata Power
  • Tata Power

    17 Oct 2023 , 10:15AM Company's subsidiary Tata Power Renewable Energy has signed a power delivery agreement (PDA) with auto component manufacturer Endurance Technologies through a special purpose vehicle (SPV) TP Green Nature for the development of a 12.5 MW AC captive solar plant. The project is expected to be completed within 12 months of the signing of the PDA. Positive for Tata Power.
  • Tata Power Company

    28 Sep 2023 , 10:45AM The company subsidiary Tata Power Renewable Energy Limited will set up 41 MW Captive Solar Plant for TP Solar Limited upcoming 4.3 GW Solar Cell and module manufacturing facility in Tamil Nadu.
  • Tata Power Company

    22 Sep 2023 , 9:16AM Tata Power Renewable Energy Limited (subsidiary of Tata Power) and Dugar Power Private Limited (subsidiary of Nepal's prominent business house Dugar Group) has forged a tie up to accelerate Nepal's Renewable Energy initiatives. The partnership is set to deploy transformative solar technologies to produce a range of on and off-grid energy solutions. Positive read through for Tata Power.
  • Tata Power partners with Nepal's Dugar Power

    21 Sep 2023 , 2:32PM Tata Power partners with Nepal’s Dugar Power to accelerate country’s renewable energy initiatives
  • Tata Power Company

    15 Sep 2023 , 11:08AM Tata Power Renewable Energy Limited (TPREL, a subsidiary of Tata Power) has signed a Power Delivery Agreement (PDA) with Xpro India Limited for the development of a 3.125 MW AC Group Captive Solar Plant. We expect more such announcement as Tata Power sees huge scope for renewable energy projects from Tata Group companies and third parties. Positive read through for Tata Power.
  • Tata Power

    13 Sep 2023 , 11:50AM Tata Power Solar Systems Limited (and SIDBI sign MoU to offer easy financing to MSMEs for rooftop solar PV plant or associated services from Tata Power or its authorised Channel Partners across India.
  • Tata Power arm sign MoU with SIDBI

    13 Sep 2023 , 11:44AM Tata Power Solar Systems and SIDBI sign MoU to offer easy financing to MSMEs for solar adoption
  • DFC approves provision up to $425 m in Tata Power arm

    11 Sep 2023 , 12:26PM DFC approves provision up to $425 m in Tata Power arm TP Solar for greenfield 4.3 GW Solar Cell
  • Tata Power arm to set up 12 MW solar project for Tata Motors

    6 Sep 2023 , 11:46AM Tata Motors partners with Tata Power Renewable Energy Ltd to develop a 12 MWp solar project at its Pune manufacturing facility
  • Tata Power Company

    6 Sep 2023 , 10:55AM Tata Power Renewable Energy (TPREL, subsidiary of Tata Power) has entered into a Power Purchase Agreement (PPA) to develop a 12MWp on-site solar project at Tata Motors’ Pune commercial vehicle manufacturing facility. We expect more such announcement as Tata Power sees huge scope for renewable energy projects from Tata Group companies. Directionally positive for Tata Power.
  • Tata Power Company

    5 Sep 2023 , 10:22AM Company’s subsidiary Tata Power Renewable Energy has signed power delivery agreement (PDA) with Neosym Industry, for 26 MW AC group captive solar plant. The project at Ahmednagar (Maharashtra) with an anticipated electricity generation capacity of 59 million units annually will start from March 2024.
  • Tata Power Company

    4 Sep 2023 , 11:14AM The company’s subsidiary Tata Power Renewable Energy Limited has signed a PDA (Power Delivery Agreement) of Group Captive Project for 6 MW AC with Chalet Hotels Limited
  • Tata Power joins hands with Sanyo Special Steel

    31 Aug 2023 , 10:32AM Tata Power joins hands with Sanyo Special Steel Manufacturing for setting up Captive Solar Plant
  • Tata Power Company

    24 Aug 2023 , 10:31AM As per media reports, power ministry has directed imported coal-based power plants to operate at full capacity (under section 11 of electricity act) till 31 October 2023, due to rising power demand. Thus, there is extension of 1 month from earlier timeline of September 30, 2023. Short term positive for Tata Power as it would reduce loss at their import coal-based power plants at Mundra.
  • Tata Power Company

    22 Aug 2023 , 10:18AM The company's subsidiary Tata Power Renewable Energy Limited has signs PPA for 9 MWp on campus solar plant with Tata Motors Limited for Pantnagar plant in Uttarakhand. The project will be commissioned within 6 months from the PPA execution date. We highlight here that Tata power sees strong opportunity from Tata Group captive RE capacities and third parties with targets for 2.5 GW for FY24. Positive read through for Tata Power.
  • Tata Power Company

    9 Aug 2023 , 10:02AM The company has signed MoU with the Government of Maharashtra for Development of 2,800 MW of Pumped Hydro Storage Projects with a total investment of ~Rs13000 crore. Break-up of 2,800 GW projects is 1,800 MW PSP to be located at Shirawata (Pune district) and 1,000 MW PSP at Bhivpuri (Raigad district). Positive for Tata Power given large size and investment for the project.
  • Tata Power Company

    6 Jul 2023 , 9:42AM The Company has received order worth Rs 1,744 crore (spanning over 10 years) to implement smart metering project in Chhattisgarh. The order has been awarded by Chhattisgarh State Power Distribution Company Limited (CSPDCL). The company will install and maintain 18.60 lakh meters in Raipur city and Raipur rural areas. Positive read through for Tata Power.
  • Tata Power Company

    6 Jul 2023 , 9:06AM Company bags Rs 1,744 crore smart metering project in Chhattisgarh.
  • Tata Power Company

    23 Jun 2023 , 10:09AM As per media reports, Tata Power is planning to raise up to Rs2,500 crore by selling some of its assets overseas, including hydro assets in Zambia, and two coal mines in Indonesia. The company is also expected to receive an additional Rs 1,200 crore from the sale of the strategic engineering division’s assets in the next two years. The proceeds of the above-mentioned asset sale would be used to invest in the company's renewable energy (RE) projects. Positive for Tata Power as it would provide funds for capex related to its RE projects.
  • Tata Power Company

    20 Jun 2023 , 11:31AM The company management has talked about plans for FY24 which includes focus to participate in privatisation opportunities in power sector, plans to double its capital expenditure to Rs12,000 crore in FY24 with a focus on renewables, distribution, transmission and solar equipment manufacturing capacity. The company would also bid for government-run discoms utilities given its focus on the power distribution business. We have already covered above points in our latest report on Tata power and we have Buy rating on the stock.
  • Tata Power Company

    9 Jun 2023 , 10:02AM Tata Power Renewable Energy Limited through its subsidiary TP Vardhaman Surya Limited received Letter of Award to set up 966 MW (Solar-379 MW, Wind- 587MW) RTC (Round-the-clock) hybrid renewable power for Tata Steel. This is one of the biggest industrial RTC power projects under Group Captive segment in the country. Tata Steel will invest 26% equity in the said project, and it will be commissioned by 1st June 2025 as per the arrangement. Positive for the stock
  • Tata Power Renewable Energy commissions 110 MW solar power project KSEB

    5 Jun 2023 , 1:44PM Tata Power arm Tata Power Renewable Energy Ltd commissions 110 MW solar power project in Bikaner, Rajasthan
  • Tata Power Company

    12 May 2023 , 2:34PM TP Saurya Ltd (subsidiary of the company) inks PPA (duration of 25 years) with Tata Power Trading Company Ltd to set up 200 MW solar project in Rajasthan. The plant will be commissioned by March 2024 and is expected to generate approximately 485 MU of energy annually. Positive read through for the stock
  • TP Saurya inks PPA with Tata Power Trading Company

    12 May 2023 , 1:05PM Tata Power's subsidiary TP Saurya to set up 200 MW solar project at Bikaner in Rajasthan
  • Tata Power Company

    19 Apr 2023 , 10:28AM The company’s Mundra UMPP is generating power and has increased supply to power customers as per the interim Section 11 CERC order. Also, the company is working on finalising of supplementary PPA as do not expect any hindrance on the same from interim CERC order. The restart of Mumdra UMPP is positive as it would temporarily shut earlier but the same is on the expected lines
  • ADB, Tata Power Delhi Distribution sign deal to enhance Delhi's power distribution

    10 Apr 2023 , 11:36AM Tata Power Company, enter into an agreement to subscribe to non-convertible debentures for 1.5 billion
  • Tata Power Company

    3 Apr 2023 , 12:59PM Maharashtra Electricity Regulatory Commission (MERC) has approved an average power tariff hike of 11.9% for 2023-24 and 12.2% for 2024-25 in Maharashtra. For Mumbai, the power tariff hike would be 5-10% from April 01, 2023 and by ~17% from April 01, 2024. This is Positive for power distribution companies like Tata Power.
  • Tata Power

    3 Apr 2023 , 9:14AM Maharashtra Electricity Regulatory Commission (MERC) has approved an average power tariff hike of 11.9% for 2023-24 and 12.2% for 2024-25 in Maharashtra. For Mumbai, the power tariff hike would be 5-10% from April 01, 2023 and by ~17% from April 01, 2024. This is Positive for power distribution companies like Tata Power.
  • Tata Power Company

    31 Mar 2023 , 12:26PM Tata Power Solar Systems Limited (TPSSL, wholly owned subsidiary of Tata Power) has received Letter of Award (LOA) of Rs1,755 crore to set up 300 MW solar project for NLC India Limited in Rajasthan. With this win, TPSSL portfolio touches 11.5 GWp with total order book of Rs17,000 crore. The project will get commissioned within 18 months from the date of receiving of LoA and TPSSL will also do the operation and maintenance of the project for 3 years after the commercial operation declaration (COD). Positive for the stock.
  • Tata Power arm signs Power Purchase Agreement with Tata Power DDL

    10 Mar 2023 , 3:00PM Tata Power Renewable Energy inks PPA for 510 MW Hybrid project with Tata Power Delhi Distribution
  • Tata Power Renewable Energy receives 2nd tranche of investment

    1 Mar 2023 , 11:42AM Tata Power Renewable Energy receives 2nd tranche of investment of Rs. 2,000 cr from Greenforest
  • Tata Power Company

    4 Jan 2023 , 12:18PM As per media reports, CERC has come out with order for full pass through of coal and operating cost from Mumdra UMPP to the discoms. However, CERC has also asked Tata Power to share profits on power sales in open market and also share 30% of mining profits. The order for full pass through of cost to discoms would improve tariff for Mundra UMPP while sharing of profits would be only for power volume outside of PPA. Prima facie CERC order seems mixed as full pass through of coal and operating cost would be beneficial, but more clarity is required from management on any possible impact from sharing of profits on power sales through exchanges
  • Tata Power

    30 Dec 2022 , 11:51AM The company raised Rs 1,000 crore via issue of 10,000 non-convertible debentures. on a private placement basis. The maturity of Series I NCDs worth ₹500 crore is scheduled on January 8, 2030, while the Series II NCDs worth ₹500 crore would mature on December 29, 2032.
  • Tata Power Company

    29 Dec 2022 , 10:23AM The company’s subsidiary Tata Power Renewable Energy received the letter of award from Tata Power Delhi Distribution Ltd. for setting up a 255 MW hybrid (wind and solar) power project in Karnataka and the project will be commissioned within 24 months from the PPA execution date. With this win, the total renewables capacity of TPREL reaches 6,048 MW with an installed capacity of 3,884 MW (Solar - 2,956 MW & Wind - 928 MW) and 2,164 MW under various stages of implementation. Positive read thru
  • Tata Power Renewable Energy gets LoA to set up 255MW Hybrid Project

    29 Dec 2022 , 10:21AM Tata Power Renewable Energy receives LoA from Tata Power Delhi Distribution for setting up 255MW hybrid project in Karnataka
  • Tata Power

    27 Dec 2022 , 9:55AM Tata Power- Demand improvement: Plummeting temperatures pushed the peak power demand in Delhi on Monday to 4,803 MW -- the highest for the season and the maximum for December in the past three years, according to official data from the State Load Dispatch Centre. Forecasts show the power demand is expected to rise further in the coming days and could touch a peak of 5,500 MW this winter season. Tata Power said it was successfully able to meet the record peak power demand of the season without any network constraints or power outages, and added that it was expecting the power demand to peak at 1,650 MW this season in its jurisdiction. For this, it said long-term power tie ups had been made to ensure reliability. Our View: Positive
  • Tata Power Company

    2 Dec 2022 , 11:20AM As per media reports, Tata Power has announced plans to install 1,000 charging points and 100,000 solar pumps in the Odisha in the next five years. It has already set up 50 EV charging points while 97 additional charging points are under various stages of installation and commissioning. The company is working towards the solarization of the agriculture sector in association with the Odisha state government. Long term positive for the stock.
  • Tata Power

    10 Nov 2022 , 9:24AM Tata Power Renewable Energy Limited (TPREL, a subsidiary of Tata Power) has received the 'Letter of Award' (LoA) from the Maharashtra State Electricity Distribution Corporation Limited (MSEDCL) to set up 150MW solar project in Solapur, Maharashtra. The LoA was won through tariff-based competitive bidding followed by an e-Reverse auction. The project will be commissioned within 18 months from the PPA execution date. Positive read through for Tata Power.
  • Tata Power

    15 Sep 2022 , 2:58PM Tata Power: Power regulator CERC directs discoms (MSEDCL & GUVNL) to refund Rs.20/unit of fixed charges for power supply from Mundra UMPP. This is positive for Tata Power it would reduce fixed cost under-recoveries and loss at Mundra UMPP. We have Buy rating on Tata Power.
  • Tata Power to develop 4 MWp solar project at Tata Motors' Pune plant

    14 Sep 2022 , 3:11PM Tata Motors expands on-site solar power capacity to 9 MWp at its Pune commercial vehicle manufacturing facility
  • Tata Power Solar Systems gets LoA of Rs. 596 cr

    14 Sep 2022 , 12:21PM Tata Power Solar Systems receives letter of award of Rs. 596 cr to set up 125 MW floating solar project from NHDC
  • Tata Power trades lower

    24 Aug 2022 , 2:03PM Shares of Tata Power slips by 1.40% to Rs. 228.25, in trade today
  • Tata Power

    18 Aug 2022 , 4:45PM Tata Power Renewable Energy Limited (TPREL – subsidiary of Tata Power) has issued 8.36 crore equity shares at Rs239.22/share worth Rs2000 crore on preferential basis to GreenForest New Energies Bidco Limited and thus tranche 1 of the transaction is completed. The company mentioned that tranche of Rs2,000 crore will be done as per the agreement and has earlier guidance for timeline of June/July 2023. The above transaction for tranche 1 is on expected lines and the money raised would be utilised for the growth of RE portfolio. We have Buy rating on Tata Power.
  • Tata Power renewable issue equity share on preferential basis

    18 Aug 2022 , 3:11PM Preferential allotment by Tata Power Renewable Energy Ltd, a wholly owned subsidiary of The Tata Power Company Ltd
  • Tata Power renewable issue equity share on preferential basis

    18 Aug 2022 , 3:11PM Preferential allotment by Tata Power Renewable Energy Ltd, a wholly owned subsidiary of The Tata Power Company Ltd
  • Tata Power Green commissions 225 MW hybrid power project in Rajasthan

    3 Aug 2022 , 12:43PM Tata Power Green Energy commissions 225 MW Hybrid power project for Tata Power Mumbai customers
  • Tata Power signs MoU with JLL India to promote green energy solutions

    2 Aug 2022 , 1:02PM Tata Power and JLL India collaborate to provide Green Energy Solutions in the realty space
  • Stock update – Tata Power Q1FY23 result review

    27 Jul 2022 , 12:06PM Stock update – Tata Power Q1FY23 result review: Integrated CGPL & coal biz. drive strong Q1
  • Tata Power

    21 Jul 2022 , 10:14AM As per media reports, the company’s subsidiary Tata Power Renewables Energy is planning to raise Rs6,000 crore by way of rights issue from its shareholders including its key investors BlackRock Real Assets, and Mubadala Capital. We highlight here that Blackrock and Mubadala had invested $525 million in April for 10.5% stake and equity valuation of Rs 34,000 crore. The money raised through rights issue would further support company’s ambitious plan for transition towards renewable (target RE capacity of 30 GW by FY2027 with aim of RE share at 60%) and fund raising could fastrack RE capacity addition. Long term positive for Tata Power and we have Buy rating on the stock.
  • Tata Power arm wins order to set up 600 MW hybrid project

    14 Jul 2022 , 10:36AM Tata Power's subsidiary TP Saurya receives LoA to set up 600 MW Hybrid Project for SECI at Karnataka
  • Tata Power Company

    14 Jul 2022 , 10:22AM The company's subsidiary TP Saurya Limited has received 'Letter of Award' to set up 600 MW Hybrid Project for SECI at Karnataka. With this project, Tata Power's RE capacity now stands at 5.5GW (installed 3.6GW and 1.9GW at various stage of implementation). Positive read through for Tata Power.
  • Tata Power

    8 Jul 2022 , 10:21AM The company plans to invest over Rs75,000 crore in renewable energy (RE) in the next five years and aims to have an electricity generation capacity of 30 GW by FY2027 (from 13.5 GW currently with RE share of 34%) with 60% share of RE and aim to further increase the same to 80% by FY2030. The company’s solar EPC order book is at Rs13000 crore and we expect the same to remain strong with continued new order flows given India’s target to increase RE capacity to 450GW by 2030 versus 110 GW in FY22. Focus to shift towards RE would allay ESG concern and is positive for Tata Power. We have Buy rating on Tata Power.
  • Tata Power signs MoU with Tamil Nadu Government for setting up solar plant

    6 Jul 2022 , 10:16AM MoU with State Govt for setting up Mega Solar Manufacturing Plant in Tamil Nadu
  • Tata Power Company

    5 Jul 2022 , 11:21AM The company has inked a pact with the Tamil Nadu government to invest Rs 3,000 crore for setting up a new facility to manufacture 4 GW solar cells and 4GW solar modules. The investment in the plant will be made over a period of 16 months. This is well known in the market and solar cell and model unit would help reduce margin volatility in solar EPC business. We have Buy rating on Tata Power.
  • Tata Power Company

    5 Jul 2022 , 9:49AM The company has inked a pact with the Tamil Nadu government to invest Rs 3,000 crore for setting up a new facility to manufacture 4 GW solar cells and 4GW solar modules. The investment in the plant will be made over a period of 16 months. This is well known in the market and solar cell and model unit would help reduce margin volatility in solar EPC business. We have Buy rating on Tata Power.
  • Tata Power Company

    5 Jul 2022 , 9:49AM The company has inked a pact with the Tamil Nadu government to invest Rs 3,000 crore for setting up a new facility to manufacture 4 GW solar cells and 4GW solar modules. The investment in the plant will be made over a period of 16 months. This is well known in the market and solar cell and model unit would help reduce margin volatility in solar EPC business. We have Buy rating on Tata Power.
  • Tata Power Company

    5 Jul 2022 , 9:17AM Tata Power signs MoU with Tamil Nadu for Rs 3,000 crore mega solar plant
  • Tata Power signs MoU worth Rs. 3,000 cr

    4 Jul 2022 , 3:36PM Tata Power signs MoU worth Rs. 3,000 cr with Tamil Nadu Government for setting up solar manufacturing plant
  • Stock update - Tata Power

    30 Jun 2022 , 12:29PM Stock update - Tata Power: Concerns priced in; risk-reward favourable
  • Tata Power commissions largest floating solar power project

    27 Jun 2022 , 11:18AM Tata Power Solar commissions India's largest floating solar power project of 101.6MWp in Kerala backwaters
  • Tata Power

    27 Jun 2022 , 10:04AM The company's subsidiary Tata Power Solar Systems commissions India's largest floating solar power project of 101.6MWp in Kerala backwaters. A power purchase agreement has been signed with a PSU client, wherein the entire power generated from this plant will be used by Kerela State Electricity Board (KSEB). With the commissioning of this project, the company's total utility-scale solar project portfolio touches 9.7GWp. Positive read through for Tata Power.
  • Tata Power

    17 Jun 2022 , 12:00PM Tata Power: As per media reports, Tata Power plans to buy coal worth Rs12,000 crore from its Indonesian mine, KPC (Tata Power holds 30% stake) in FY23 to ensure uninterrupted coal supply (we highlight here that early part of Q4FY22 had ban on export of coal from Indonesia) and coal priced on arm’s length basis. The company has sought its shareholders’ approval as it is a related party transaction and the tenure of the coal sales agreement between Tata Power and KPC coal mine is valid till FY2033. Consistent coal supply would benefit Tata Power’s Mundra UMPP and is positive for the stock.
  • Tata Power Company

    16 Jun 2022 , 2:29PM Tata Power Solar Systems Limited (subsidiary of Tata Power) has commissioned an EPC project of 66MW for Vibrant Energy. The project has been completed within nine-month period and will produce 110,029 units of energy annually. With the commissioning of this project, Tata Power’s total utility-scale solar project portfolio has reached 9.7GWp.
  • Tata Power

    9 Jun 2022 , 9:42AM Tata Power Solar (subsidiary of Tata Power) has commissioned an EPC project of 450MW for Brookfield Renewable India in Rajasthan. Positive read through for Coal India.
  • Tata Power

    23 May 2022 , 12:54PM As per media reports, Delhi has seen peak power demand of 7GW on May 20, 2022. Higher power is positive for Tata Power given its power distribution business in Delhi.
  • Tata Motors, Tata Power join hands to install 7 MWp solar rooftop expansion project in Pune

    23 May 2022 , 11:50AM Tata Power to set up 7 MW solar rooftop project at Tata Motors' PV plant in Chikhali, Pune
  • Tata Power Company

    17 May 2022 , 1:18PM The company has entered into a strategic partnership with Hyundai Motor India (HMIL) to build a robust EV charging network and accelerate the adoption of EVs across India. Tata Power will install Tata Power EZ Charge fast chargers (DC 60 kW) at HMIL's existing 34 EV dealer locations across 29 cities along with supply, installation, and commissioning of home charging for HMIL's EV customers. The vehicle charging time of a DC 60 kW charger is much lesser than AC 7.2 kW charger (which is the charging system currently at 34 locations of HMIL). We highlight here that Tata Power has framed partnership with multiple companies for ramp-up of EV charging stations and is positive for the company. We have Buy rating on Tata Power.
  • Tata Power partners with Hyundai Motor for EV charging infra in India

    17 May 2022 , 1:11PM Tata Power partners with Hyundai Motor India to Power-up EV-charging Infrastructure in India
  • Tata Power Solar bags 300MW solar project worth Rs. 1731 crore from NHPC.

    16 May 2022 , 10:52AM Tata Power arm bags 300MW solar project worth Rs. 1,731 cr from National Hydroelectric Power Corporation
  • Tata Power Company

    13 May 2022 , 10:20AM The company has received 300 MW solar EPC contract from NHPC with total contract price of Rs1,732 crore in the state of Rajasthan. This would support company’s solar EPC order book which stood at Rs. 7,791 crore in Q4FY22. Positive for Tata Power.
  • Tata Power Company

    5 May 2022 , 10:03AM Tata Power: SJVN issued the Letter of Award for EPC Contract to M/s Tata Power Solar Systems Limited on May 05, 2022 for the development of 1000 MW of Ground mounted Solar Project in Bikaner, Rajasthan. The project cost is estimated at Rs5,492 crore and would further add to Tata Power’s solar EPC order book of Rs11,076 crore in Q3FY22.
  • Tata Power arm commissions 120 MW solar project in Masenka, Gujarat

    4 May 2022 , 11:00AM Tata Power Renewables Commissions 120MW solar project in Masenka, Gujarat
  • Tata Power Company

    29 Apr 2022 , 9:09AM The company has signed a memorandum of understanding (MoU) with National Real Estate Development Council (NAREDCO) to set up 5,000 EV charging points across its member’s developer properties across Maharashtra. The move will give boost to faster EV adoption in Maharashtra and aid to Tata Power’s EV charging infrastructure and thus positive for the stock.
  • Maha cabinet nods full cost pass-on for Mundra UMPP

    20 Apr 2022 , 10:27AM Move bodes well for Tata Power
  • Tata Power

    11 Apr 2022 , 9:21AM As per media reports, Saudi Arabia’s Public Investment Fund (PIF), reportedly, may buy stakes in the company's green energy, power transmission and distribution business. A potential strategic investment by global funds could help unlock value and aid balance sheet deleveraging for Tata Power.
  • Stock update – Tata Power

    6 Apr 2022 , 10:43AM Stock update – Tata Power: Multiple catalysts to power growth
  • Tata Power Company

    5 Apr 2022 , 11:24AM Tata Power Solar Systems Limited (wholly owned subsidiary of Tata Power) has commissioned a 160MW AC solar project at Jetstar, Rajasthan. The project will produce 387MUs of energy per year. Positive read through for Tata Power.
  • Tata Power Solar Commissions 160 MW AC solar project at Jetstar, Rajasthan

    5 Apr 2022 , 10:32AM Tata Power is one of India’s largest integrated power companies and together with its subsidiaries and jointly controlled entities
  • Tata Power renewables commissions 300 MW solar plant in Dholera, Gujarat

    4 Apr 2022 , 11:09AM Tata Power Renewables Commissions 300 MW Solar plant in Dholera, Gujarat with India's largest single axis solar tracker system
  • Tata Power

    29 Mar 2022 , 9:41AM As per media reports, BlackRock and Mubadala (UAE sovereign Fund) may invest $500 million and $200 million respectively in Tata Power’s renewable energy (RE) business. Induction of strategic investor would help unlock value from RE business (media articles stating valuation of $5 billion) and help in balance sheet deleveraging. Additionally, Tata Power has entered into a collaboration with Rustomjee Group to set up EV Charging infrastructure across all its residential and commercial projects in Mumbai Metropolitan Region. Potential value unlocking from RE business is a catalyst for Tata Power and the management aims to monetise stake by March 2022. We have Buy rating on the stock.
  • Tata Power, Rustomjee Group collaborate to set up EV charging infrastructure

    28 Mar 2022 , 5:29PM Tata Power, Rustomjee Group collaborate to set up EV Charging infrastructure across Mumbai Metropolitan Region
  • Tata Power Company

    16 Mar 2022 , 10:36AM Tata Power Delhi Distribution Limited announced partnership with Battery Smart (India’s largest network of battery-swapping stations for EVs) to set up battery swap stations for 2 and 3 wheelers at various locations across North Delhi in 2022. The partnership is long term positive for Tata Power as the same would help in augmenting EV network.
  • Tata Power signs MoU with Enviro for EV charging points in Gurugram

    10 Mar 2022 , 3:12PM The EV chargers will be installed at 18 locations across the properties of Vatika Group in Gurugram
  • Tata Power Company

    10 Mar 2022 , 9:50AM Resurgent Power, in which the Tata Group firm holds 26% stake, has emerged as the successful bidder for South East UP Power Transmission Company. Recently, Tata Power had announced re-entry into greenfield power transmission projects and the same is a step is right direction given low competition and decent RoEs. Positive read through for Tata Power.
  • Tata Power Company

    23 Feb 2022 , 9:52AM Prayagraj Power Generation Company Limited (PPGCL, subsidiary of Resurgent Power Ventures Pte. Which is a JV between Tata Power International, ICICI Banak and other global investors) has signed an MOU with ZaaK Technologies GmbH to jointly establish pilot manufacturing plant for upcycling ash to sustainable sand Material (like lightweight concrete, mortar, plaster, and other building products). This would be positive for Tata Power as the partnership would create a whole new industry of sustainable construction material by reducing the consumption of precious natural sand resources.
  • Tata Power

    21 Feb 2022 , 2:33PM RWE and Tata Power have agreed on a partnership to explore the potential for a joint development of offshore wind projects in India. The agreement between two companies is of significant importance given government of India’s aim to achieve 30GW of offshore wind installations by 2030. This could be long term positive for Tata Power. We have Buy rating on Tata Power.
  • RWE, Tata Power collaborate to explore potential for development of offshore wind projects in India

    21 Feb 2022 , 12:52PM Partnership aims to support the establishment of a competitive and sustainable offshore wind market
  • Tata Power up as brokerage raises target price

    16 Feb 2022 , 2:28PM Tata Power rises by 2% to Rs. 236.75, after brokerage raises price target
  • Tata Power seeks to raise $600-700 bn for RE biz

    7 Feb 2022 , 12:40PM Company in talks with investors
  • Tata Power arm commissions 100 MW solar projects in Uttar Pradesh

    18 Jan 2022 , 11:07AM Tata Power renewables successfully commissions 100 MW Solar PV Projects in Uttar Pradesh
  • Tata Power Company

    18 Jan 2022 , 9:40AM Tata Power Renewable Energy Limited (TPREL – subsidiary of Tata Power) has commissioned a total commissioned two solar power projects of 50 MW each at Prayagraj and Banda in Uttar Pradesh. The company has already signed PPA for the two plants with UP government. Post this, Tata Power’s total operational RE capacity increases to 3,055 MW and the company has additional 1,854 MW of RE projects under various stages of implementation. Positive read through for Tata Power
  • Tata Power Company

    4 Jan 2022 , 12:51PM The company has appointed Sanjeev Churiwala as the new CFO with effect from January 1, 2022, while Ramesh Subramanyam, the erstwhile CFO will move into a new role within the Tata Group. Mr. Sanjeev Churiwala has 27 years of corporate experience spanning across financial services, exposure to projects, supply chain, fund raising and M&A.
  • Tata Power receives letter of award to set up 300 MW project in Maharashtra

    16 Dec 2021 , 11:57AM Tata Power receives LoA from MSEDCL for setting up of 300 MW Hybrid(Wind & Solar) Project
  • Tata Power, IIT Madras signs MoU

    6 Dec 2021 , 3:43PM Tata Power and IIT Madras to collaborate on R&D, Consultancy, Advocacy, Training and Technology Solutions
  • Tata Power Solar Systems bags order of Rs. 945 cr from Solar Energy Corporation Of India

    1 Dec 2021 , 3:21PM India's largest Solar and Battery Storage project award to Tata Power Solar of Rs. 945 crore
  • Tata Power Company

    12 Nov 2021 , 9:35AM Moody's Investors Service has upgraded Tata Power’s credit rating to Ba2 with stable outlook from Ba3 with stable outlook. Sentimentally positive for Tata Power.
  • Tata Power highest bidder for South East UP Power Transmission Company

    3 Nov 2021 , 1:16PM Offer for Rs. 3,000 crore made
  • Tata Power installs 1,000 EV charging stations

    25 Oct 2021 , 1:51PM We believe that Tata Power’s collaborations with IOCL, HPCL, IGL, MGL and state governments would play a key role in augmenting EV charging infrastructure
  • Tata Power Company

    18 Oct 2021 , 9:58AM As per media reports, Tata Power is in talks with large pension and sovereign asset managers, including Canada Pension Plan Invest Board (CPPIB) and Government of Singapore Investment Corp. (GIC), to raise at least $500 million ahead of a planned initial public offering (IPO) by its renewable energy unit. This would a step in right direction as it would benchmark valuation and likely value unlocking post IPO. We have Buy rating on Tata Power.
  • Tata Power

    14 Oct 2021 , 10:50AM Tata Power: The Gujarat government has agreed to buy 1800-Mw power from Tata Power’s ultra-mega power plant (UMPP) at Mundra at tariff of Rs4.50 per unit, which is higher than tariff agreed in the contract. Near term positive read through for Tata Power as it would help it reduce losses at Mundra power plant.
  • Tata Power Solar wins order from EESL

    12 Oct 2021 , 10:32AM Tata Power Solar bags order of Rs. 538 cr from Energy Efficiency Services Ltd (EESL)
  • Tata Power Company

    22 Sep 2021 , 9:49AM Tata Power: As per media reports, Tata Power has restarted fund-raising efforts for its renewables energy (RE) business and seeks to raise Rs4,000-5,500 crore ($500-$750 million) for Tata Power Renewables Energy Ltd (TPREL - subsidiary of Tata Power). We await further details on the news, and we believe that monetisation of RE business would help in unlock value and balance sheet deleveraging (management target to reduce net debt/EBITDA to 3.5x by FY2025 versus 4.1x in FY2021).
  • Tata Power receives LOI from MAHAGENCO to supply 250 MW power in Maharashtra

    20 Sep 2021 , 2:10PM Tata Power gets 'letter of intent' (LoI) from Maha Govt to set up 250 MW solar photovoltaic power plant
  • Tata Power Company

    9 Sep 2021 , 2:21PM Tata Power: As per media reports, Macrotech Developers (Lodha Group) partners with Tata Power to provide EV charging solutions in all its residential and commercial projects across Mumbai Metropolitan Region (MMR) and Pune. Tata Power previously signed an agreement with HPCL to set up EV charging stations across its retail outlets. This move is positive for Tata Power and is line with the company’s green initiative. We have Buy rating on Tata Power.
  • Tata Power announces commissioning of 150 MW Solar Power project in Rajasthan

    24 Aug 2021 , 12:31PM Tata Power Renewable successfully commissions 150 MW Solar PV Project at Loharki, Rajasthan
  • Tata Power

    13 Aug 2021 , 9:54AM Tata Power: The company's wholly owned subsidiary Tata Power Solar Systems has won an order worth Rs 386 crore to construct 50MWp Solar PV Plant with 50MWh Battery Energy Storage System project at Phyang village in Leh, Ladakh. Positive read through for Tata Power.
  • Tata Power - Stock Update

    9 Aug 2021 , 11:35AM Tata Power – (Stock update Q1FY22 results): Robust Q1; re-entry in transmission biz right step
  • Tata Power

    29 Jul 2021 , 3:11PM Tata Power: The company has secured the highest ESG score among its peers in the Indian Power sector in CRISIL’s, recently launched environmental, social and governance (ESG) scores. Tata Power received overall ESG score of 67 (61 on environmental parameters and 60 and 77 on social and governance parameters, respectively) out of 100. Rising share of the renewable energy (RE) portfolio would further improve ESG rating of Tata Power and a potential IPO for the RE business would be key catalysts for valuation re-rating. We have Positive view on Tata Power.
  • Tata Power to sell stake in Trust Energy Resources to Tata Power International

    23 Jul 2021 , 10:03AM Transfer of 100% stake held in Trust Energy Resources Pte Ltd to Tata Power International Pte. Ltd
  • Tata Power

    23 Jul 2021 , 9:34AM The company has signed Share Purchase Agreement (SPA) with Tata Power International Pte. Ltd. (TPIPL - wholly-owned subsidiary of Tata Power) for sale of 100% stake held by Tata Power in Trust Energy Resources Pte Ltd (TERPL – wholly owned subsidiary of Tata Power) for a consideration of $285.64 million. The transaction is expected to get completed in next 2-3 week and TERPL would be merged with TPIPL. The development is positive for Tata Power as focus is clear on consolidation of subsidiaries and balance sheet deleveraging. We have Positive view on Tata Power.
  • Tata Power signs agreement with HPCL

    19 Jul 2021 , 11:16AM Tata Power joins hands with HPCL to set up EV charging stations at its Petrol Pumps across the country
  • Tata Power Company

    9 Jul 2021 , 1:51PM The company has been empanelled and won a contract worth Rs400 crore from the Kerala State Electricity Board Limited (KSEBL) to develop 64 MW solar rooftop project for domestic consumers across all districts of Kerala. As a part of this agreement, the company will implement projects through KSEBL of 80MW for individual households and for 20 MW of residential/housing society with projects. This is positive for Tata Power and would aid to growth of its Solar EPC business. We have Positive view on Tata Power.
  • Tata Power bags empanelment for 84 MW rooftop solar projects

    9 Jul 2021 , 10:39AM Tata Power bags empanelment for 84 MW rooftop solar projects worth Rs 400 cr from Kerala State Electricity Board
  • Tata Power – Viewpoint Idea

    8 Jul 2021 , 8:46AM Tata Power – (Viewpoint Idea): On a green growth path
  • Tata Power

    3 Jun 2021 , 9:09AM Tata Power Solar (subsidiary of Tata Power) has received a Letter of Award to build 210 MWp of Solar PV projects for NTPC in Gujarat with total order value of Rs686 crore and expected to get commissioned by November 2022. With this project, the order pipeline of Tata Power Solar stans at ~2.8 GW with value of ~Rs13,000 crore. Positive for Tata Power.
  • Tata Power Company

    3 May 2021 , 9:07AM As per media reports, Tata Power is mulling an initial public offering (IPO) for its renewable energy business and plans to raise ~Rs3,500 crore (~$473 million). The company is expected to soon seek board approval for the IPO plan. The move would help Tata Power to unlock value from its renewable energy business and reduce debt on the books (net debt of ~Rs36,363 crore as of December 2020). Positive read through for Tata Power.
  • Tata Power Solar doubles its manufacturing capacity

    7 Apr 2021 , 1:36PM Tata Power Solar doubles its manufacturing capacity of Cells and Modules to 1,100 MW
  • Tata Power to develop 60 MW solar project for Gujarat Urja Vikas Nigam

    30 Mar 2021 , 11:56AM Tata Power announces that it have been award 60 MW Solar Project in Gujarat
  • Tata Power to provide Green Power in Jharkhand

    3 Mar 2021 , 12:37PM Tata Power to provide Green Power in Jharkhand to Tata Steel
  • Tata Power Company

    3 Mar 2021 , 10:34AM As per media reports, Tata Power may launch the InvIT for its renewable assets soon and the company is expected to hold 49% stake in InvIT and remaining 51% would be sold to foreign investors (Malaysian state oil & gas company Petronas is eyeing stake in InvIT). Tata Power is expected to transfer 2500MW renewable portfolio, 600MW of under-construction renewable project and debt worth Rs12,000 crore to InvIT. InvIT for renewable assets would help in value unlocking and proceeds from the same would also reduce debt (target to cut debt to Rs25,000 crore).
  • Tata Power gets LoI to operate power distribution system in North-Eastern Odisha

    1 Feb 2021 , 10:20AM Tata Power holds 51% equity along with 49% by Government of Odisha
  • Tata Power Company

    1 Feb 2021 , 9:35AM The company has been declared successful bidder to own the license for distribution and retail supply of electricity in Odisha's five circles of North Eastern Electricity Supply Company of Odisha Limited (NESCO). The license for the five circles is valid for a period of 25 years. The proposed sale would be through creation of Special Purpose Vehicle (SPC) with 51% stake to be with Tata Power along with management control while the Government of Odisha will hold the remaining 49% stake. Tata Power expects annual revenue potential for SPV in excess of Rs2,470 crore and is positive for Tata Power.
  • Tata Power gets LoA for GSECL project worth Rs. 460 crore

    28 Jan 2021 , 3:17PM Tata Power Solar receives LOA for GSECL project worth Rs. 460 crore
  • Tata Power

    25 Jan 2021 , 2:24PM Tata Power Solar Systems (subsidiary of Tata Power) has received EPC order worth Rs1,200 crore from NTPC to set up a 320 MW ground-mounted solar PV project (expected be commercialised by May 2022). Consequently, order pipeline of Tata Power Solar system is at ~4GWp with value of ~Rs12,000 crore
  • Tata Power holds 51% equity along with 49% by Government of Odisha

    8 Jan 2021 , 10:01AM Tata Power takes over power distribution in Western and Southern Odisha from 1st January 2021 onwards
  • Tata Power Company

    8 Jan 2021 , 9:48AM The company has acquired 51% equity stake each in TP Southern Odisha Distribution Ltd. and TP Western Odisha Distribution Ltd. for a consideration of Rs127.5 crore and Rs 255 crore, respectively. GRIDCO will hold balance 49% equity stake each in TPSODL (covers 2.3 million customers) and TPWODL (covers ~2 million customers). With the acquisition of two additional distribution utilities, the company has expanded its consumer base to 9.5 million from the present base of 5.2 million across Mumbai, New Delhi, Central part of Odisha and Ajmer. Positive read through for Tata Power.
  • Tata Power arm begins 5kW biogas plant

    29 Dec 2020 , 10:48AM Gas produced is used to drive a specially designed 5kW generator to generate electricity
  • Tata Power secures Letter Of Intent for Odisha's WESCO and SOUTHCO discoms

    4 Dec 2020 , 3:11PM Tata Power to hold 51% equity along with 49% by Government of Odisha
  • Tata Power completes financial restructuring of Coastal Gujarat Power Ltd

    4 Dec 2020 , 3:08PM Tata Power repays Rs. 1,550 crore of bank loans on December 02
  • Tata Power Company

    4 Dec 2020 , 12:14PM As per media reports, Tata Power has emerged as the winner in bids for two electricity distribution companies (discoms) in Odisha - Western Electricity Supply Utility of Odisha Ltd (WESCO) and the Southern Electricity Supply Utility of Odisha Ltd (SOUTCO). Positive read through for Tata Power.
  • CRISIL upgrades Tata Power long term rating to 'CRISIL AA/Stable'

    5 Nov 2020 , 11:09AM CRISIL upgrades Tata Power's long-term rating to 'AA' from 'AA-'; outlook revises to stable from positive
  • Tata Power to develop 100 MW Solar Project in Dholera

    14 Oct 2020 , 10:57AM Tata Power to develop 100 MW Solar Project at Dholera Solar Park in Gujarat
  • Tata Power Company

    17 Sep 2020 , 9:56AM As per media reports, Tata projects has win bid to construction new parliament building for Rs861 crore. We highlight here that Tata Power holds 48% stake in Tata Projects.
  • Tata Power

    4 Sep 2020 , 12:09PM The company plans to close down its coal based power plants after their useful life comes to an end and there is possibility of closure of large thermal power capacities of Tata Power in next 15 years. On India level, almost close to 60GW of thermal power plants could be closed in the long-term and the capacities would be filled by stranded power plants and renewable energy. The move could save large fixed cost burden for distribution companies. However, we do not see any near to medium term impact on this front as PSUs would continue to set up thermal based power plants. Also, Tata Power’s strategic engineering division has won a contract worth Rs490 crore from the defence ministry (which is part of Pinaka Multi Barrel Launcher Rocket System order).
  • Tata Power signs Pinaka 3 contract with Ministry of Defence

    3 Sep 2020 , 2:24PM Tata Power bags order worth Rs. 490 crore from Defence Ministry
  • Tata Power Company

    24 Aug 2020 , 11:32AM NCLT Mumbai has approved the Tata Power’s proposal to withdraw scheme of transfer of certain renewable energy undertakings from the company to its arms Tata Power Renewable Energy, Supa Windfarm, Nivade Windfarm and Tata Power Green Energy on a slump sale basis.
  • Tata Power Company

    14 Aug 2020 , 10:05AM The company has allotted 49.06 crore shares to Tata Sons at a price of Rs53/share aggregating to Rs. 2,600 crore. Post the allotment of equity shares, Tata Power’s paid-up share capital stands increased from Rs270 crore to Rs320 crore.
  • Tata Power Company Ltd

    13 Aug 2020 , 9:21AM The board of directors of the company has approved merger of wholly-owned subsidiaries Coastal Gujarat Power (Mundra UMPP) and Tata Power Solar System (Solar EPC business) and Af-Taab Investment with itself, along with capital reorganization after the merger. The merger of the subsidiaries would help cost of funding and tax. The merger is subject to necessary approvals and is part of a strategic initiative to simplify the group holding structure. Moreover, the company’s debt declined to Rs40,099 crore (D/E of 1.8x) as on June 30, 2020 versus Rs43,578 crore as on March 2020.
  • Indian Overseas Bank, Tata Power

    31 Jul 2020 , 9:21AM Indian Overseas Bank: The bank’s board has approved raising up to Rs 500 crore via equity and Rs 1,500 crore in Tier II capital.
  • Tata Power to develop 225 MW hybrid renewable power project

    16 Jul 2020 , 12:17PM Tata Power's arm bags order from Tata Power Mumbai Distribution to develop a 225 MW hybrid renewable project
  • Tata Power subsidiary completes sale of 3 ships for $212.76 million

    7 Jul 2020 , 2:05PM Completion of sale of ships to Oldendorff Carriers GmbH & Co. KG, German
  • Tata Power Company

    7 Jul 2020 , 1:37PM Trust Energy Resources, a wholly owned subsidiary of the Tata Power, has announced the completion of sale of its three ships (MV Trust Agility, MV Trust Integrity and MV Trust Amity) to Oldendorff Carriers GmbH & Co. KG, Germany for a consideration of $212.76 million. The sale proceeds will be used towards reducing the debt (the company target to reduce debt by 44% y-o-y to Rs25,000 crore from debt levels of Rs44,540 crore as on March 31, 2020) as well as to fund future growth plans.
  • Tata Power to issue shares to promoter

    2 Jul 2020 , 2:02PM Tata Power to issue up to 49.05 crore equity shares to promoter on a preferential basis
  • Tata Power to develop 100 MW Solar Project in Maharashtra

    19 Jun 2020 , 10:08AM Tata Power's arm gets LoA from MSEDCL to develop a 100 MW solar project in Maharashtra
  • Tata Power to develop 120 MW Solar Project in Gujarat

    15 Jun 2020 , 2:22PM Tata Power Renewable Energy Ltd, the company’s wholly owned subsidiary, gets LOA from Gujarat Urja Vikas Nigam Ltd
  • Tata Power

    15 Jun 2020 , 12:25PM Trust Energy Resources Pte Ltd (TERPL), a fully-owned subsidiary of Tata Power, has entered into definitive agreement with Oldendorff Carriers GmbH (Germany) for the sale of its three ships at an estimated consideration of USD 212.76 million. The above transaction is expected to be concluded in the next three to four weeks subject to necessary regulatory approvals. The sale proceeds will be used towards reducing the debt as part of the overall restructuring plan (the company target to reduce debt by 44% y-o-y to Rs25,000 crore from debt levels of Rs44,540 crore as on March 31, 2020).
  • Tata Power to sell ships for $ 212.76 million

    12 Jun 2020 , 1:39PM Tata power's arm completes signing definitive agreements with Oldendorff Carriers
  • Tata Power completes 51% stake buy in Odisha's TPCODL

    2 Jun 2020 , 11:57AM Tata Power rises by 7% to Rs. 42.25, on acquisition of 51% stake in TP Central Odisha Distribution
  • Tata Power Company

    20 May 2020 , 10:19AM The company’s divestment plans on track and it has sold its stake in Cennergi JV (South Africa) for $112 million (Rs842 crore) including hedging gains in April 2020. Moreover, the company is in advanced discussions to sale its another overseas asset and there is good progress to close the sale of Defense business in current quarter. The divestment of its Zambia hydro project is also expected to be completed by December 2020. The company has guided to reduce debt by 44% y-o-y to Rs25,000 crore (from debt levels of Rs44,540 crore as on March 31, 2020) in FY2021 through asset sales.
  • Tata Power SED bags contract from the Ministry of Defence

    11 May 2020 , 12:37PM Tata Power SED bags Rs. 1200 crore contract from the Ministry of Defence for modernisation of infrastructure of 37 Airfields of Indian Airforce, Indian Navy and Indian Coast Guard
  • Tata Power Company Ltd

    30 Apr 2020 , 11:38AM Maharashtra Government has cut electricity tariff by an average of 7% to help businesses and people tide over the Covid-19 crisis. The industrial and residential consumers will see tariff cut of 10-15% and 5% respectively. Accordingly, power tariff of Tata Power, Adani Energy and BEST have also been reduced. The tariff cut would impact the earnings of power generation companies like Tata Power operating in the state of Maharashtra.
  • Tata Power Solar gets LoA from NTPC for 300 MW project

    7 Apr 2020 , 10:37AM Tata Power Solar receives the Letter of Award for CPSU-II from NTPC for 300 MW project
  • Tata Power completes sale of its 50% stake in Cennergi

    3 Apr 2020 , 12:54PM Completion of sale of investments in Cennergi (Pty) Ltd – South Africa
  • Tata Power

    31 Mar 2020 , 10:21AM As per media reports, the Government of Maharashtra announced that electricity tariff will be cut by an average of 8% for the next five years to help businesses and people tide over the Covid-19 crisis. Tata Power and Adani Energy are expected to lower power tariff rates by 18-20% for industrial units, 19-20% for commercial establishments and 10-11% for residential users in Mumbai and by 10-12% for industrial customers and 5-7% for residential users in others parts of the state. The tariff cut would impact the earnings of especially of power generation companies like Tata Power operating in the state of Maharashtra.
  • Tata Power JV commences hydropower project

    30 Mar 2020 , 10:36AM Tata Power's JV Shuakhevi Hydro Power Project in georgia commences Commercial Production
  • Tata Power Company

    23 Mar 2020 , 11:05AM As per media reports, Tata Power have said that Mundra Ultra Mega Power Plant (UMPP) continues to be operational as it has reached a resolution with and Gujarat, Maharashtra and Punjab to sign PPAs with revised tariff.
  • Tata Power drops as Jefferies' downgrade

    26 Feb 2020 , 1:30PM Tata Power slips by 5% to Rs. 48.90, after foreign research house downgrades the stock and cut the target price
  • Tata Power Company

    20 Feb 2020 , 10:58AM As per media reports, global investors including Brookfield, Omers, Mubadala and Abu Dhabi Investment Authority (ADIA) are in early stage discussions with Tata Power to invest around $500-600 million (Rs 3,500 crore-Rs 4,200 crore) in its renewable energy platform. Tata Power is planning to unlock value and pare debt by creating an infrastructure trust (InvIT) for its wind farms and solar parks – Positive read through for Tata Power.
  • Tata Power get LoI for acquisition of CESU power distribution in Odisha

    23 Dec 2019 , 11:37AM Award of LOI by OERC to own the license for distribution and supply of electricity in CESU
  • Tata Power Company

    5 Nov 2019 , 12:18PM Has announced to create a new arm TP Renewable Microgrid Limited in collaboration with the Rockefeller Foundation to set-up 10,000 microgrids through 2026 TP and target to provide clean power to nearly 5 million households – positive read through for Tata Power.
  • Tata Power to develop 250 MW Solar Project in Gujarat

    29 Jul 2019 , 12:50PM Tata Power Renewable Energy gets LOA from Gujarat Urja Vikas Nigam
  • CRISIL revises rating for Tata Power

    10 Jun 2019 , 9:28AM Tata Power: CRISIL has revised rating for Tata Power’s debt instruments and long-term facilities from AA-(Stable) to AA-(Positive) – positive read through for Tata Power.
  • Tata Power bags LoA from Gujarat Govt for a solar project

    30 May 2019 , 11:40AM Tata Power's arm gets a letter of award to develop 100 MW solar project in Gujarat
  • MERC approves PPA of Tata Power for 5 years

    28 Mar 2019 , 11:54AM Tata Power: The company has stated that MERC approved its 700 MW PPA with the company for the next 5 years – positive read through
  • Tata Power SED bags contract from Ministry of Defence

    22 Mar 2019 , 11:52AM Tata Power SED bags Rs. 1,200 crore contract from the Ministry of Defence for supply of ship-borne 3D Air Surveillance Radars
  • Tata Power consumer base crosses 7 lakh in Mumbai

    7 Mar 2019 , 11:15AM Tata Power consumer base crosses 7 lakh in Mumbai
  • Tata Power states that it has crosse seven-lakh consumer base milestone in Mumbai

    7 Mar 2019 , 9:31AM Tata Power: The company stated that it has crossed the seven-lakh consumer base milestone in Mumbai and also briefed that it is expanding into new business such as (Residential solar rooftop services, EV infrastructure & Solar micro grids and home automation ) to meet the changing needs of customers – Positive read through In residential solar rooftop services the company has launched services in Mumbai and many other key cities such as Delhi, Bangalore, Cochin, Ajmer, Bhubaneswar, Hyderabad and Ahmedabad whereas in EV infrastructure the Company has made Mumbai EV ready by setting up 15 charging stations and is also setting up charging stations in Delhi & Hyderabad.
  • Merc gives green nod to BEST

    3 Jan 2019 , 10:16AM Tata Power has stated that Maharashtra Electricity Regulatory Commission has given the green signal to Mumbai Transport Undertaking ‘BEST’ to extend its existing 667 MW power purchase agreement with the company for five years till March 2024, the power will be supplied to the BEST from the company’s Trombay Thermal and Hydro Plants – Positive read through for the stock
  • Tata Power to extend its agreement with BEST

    3 Jan 2019 , 10:03AM BEST to extend 677 MW PPA with Tata Power for the next five years
  • Tata Power inks MoU with HPCL

    27 Sep 2018 , 11:20AM Tata Power and HPCL sign MoU for setting up commercial-scale EV Charging Stations across India
  • Tata Power wins award under 'Lean QC' category

    21 Sep 2018 , 10:35AM Tata Power bags 'GOLD' at the Chapter Convention on Quality Circle (CCQC) 2018 Award
  • Tata Power to raise fund via NCDs

    15 Feb 2018 , 10:53AM Tata Power gave its nod to raise funds up to Rs3,500 crore through non convertible debentures (NCDs)
  • Tata power to issue NCDs worth Rs 3500 cr

    15 Feb 2018 , 10:29AM Tata power to issue NCDs worth Rs 3500 crores via private placement.
  • Tata Power arm wins coal mine in Russia

    26 Dec 2017 , 10:40AM Tata Power's Russian subsidiary, Far Eastern Natural Resources LLC, has been awarded the mining license of a thermal coal mine in Kamchatka province in Far East Russia
  • Tata Power JV synchronizes Georgia hydro project

    22 Aug 2017 , 2:29PM Tata Power announces that its JV synchronized 186 megawatts Georgia Hydro Project in record time, and commenced stabilization procedures
  • Tata Group to hive off the SED of Tata Power

    14 Aug 2017 , 10:23AM Tata Power to hive off defence business unit; neutral read through.

Key fundamentals

Evaluate the intrinsic value of Tata Power Company Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 35313.82 35565.07 35588.18 37142.78 31299.61
Liabilities 35313.82 35565.07 35588.18 37142.78 31299.61
Equity 319.56 319.56 319.56 319.56 270.5
Gross Profit 3900.63 1611.38 1547.4 1816.98 2921.79
Net Profit 2229.86 3267.9 2782.93 921.45 148.12
Cash From Operating Activities 5881.49 500.05 1683.75 2327.77 2308.8
NPM(%) 11.09 18.43 25.05 14.9 1.91
Revenue 20093.36 17727.78 11107.93 6180.59 7726.39
Expenses 16192.73 16116.4 9560.53 4363.61 4804.6
ROE(%) 6.62 9.7 8.26 2.73 0.43

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
04 Jul 2024 2 200 0.57 435.05
15 Jun 2022 1.75 175 0.57 245.2
17 Jun 2021 1.55 155 0.57 106.6
14 Jul 2020 1.55 155 0.57 32.45
04 Jun 2019 1.3 130 0.57 66.6
12 Jul 2018 1.3 130 0.57 87
10 Aug 2017 1.3 130 0.57 84.15
07 Sep 2016 1.3 130 0.57 71.7
20 Jul 2015 1.3 130 0.57 75.85
23 Jul 2014 1.25 125 0.57 101.05
26 Jul 2013 1.15 115 0.57 90.15
24 Jul 2012 1.25 125 0.57 90.4
02 Aug 2011 12.5 125 0.57 1215.9
16 Aug 2010 12 120 0.57 1203.95
14 Jul 2009 11.5 115 0.57 1102.15
18 Aug 2008 10.5 105 0.57 1191.45
17 Jul 2007 9.5 95 0.57 585.75
07 Jul 2006 8.5 85 0.57 507.3
12 Jul 2005 7.5 75 0.57 382.35
08 Jun 2004 7 70 0.57 293
04 Jul 2003 6.5 65 0.57 131.55
18 Jul 2002 0 0 0.57 113.3
29 May 2002 0 50 0.57 112
29 May 2002 0 50 0.57 111.3
09 Jul 2001 0 50 0.57 135.05
0 5 0.57 65.25
0 37 0.57 64.55
0 37 0.57 81.2
0 37 0.57 87.4
0 35 0.57 133.7

Peers

Other companies within the same industry or sector that are comparable to Tata Power Company Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Adani Power Ltd 512.00 -0.07 15.14 135282.17 540.03 0.00
GVK Power and Infrastructure Ltd 3.71 -1.59 0.98 55390.44 12.92 0.00
India Power Corporation Ltd 11.34 -1.13 70.88 34155.68 17.64 0.44
Inox Wind Energy Ltd 8590.65 0.88 57.67 422.57 -560.38 0.00

Company Info

1919 - The Company was incorporated on 18th September, at Mumbai. The Company generate and supply Electricity. The Tata Hydro-Electric Power System comprises the Tata Hydro-Electric Power Supply Co., Ltd., the Andhra Valley Power Supply Co. Ltd., and the Tata Power Co., Ltd. 1953 - 1,500 Right Equity shares issued at par in prop. 2:5. 1955 - 15,000 partly paid shares fully called up. 1961 - The Company together with its two associated companies decided to enter into a partnership arrangement with Ebasco India, Ltd., for the establishment in India of a consulting engineering firm by the name of `Tata-Ebasco Consulting Engineering Services'. 1967 - 51,536 right equity shares issued at par (prop. 1:10). 1968 - 1,00,000-9.25% pref. shares offered for public subscription. 1969 - A new company under the name Chemical Terminal Trombay, Ltd., was formed, in participation with other Tata Companies and Elephanta India Private Ltd., with the object to installation of storage tanks on a part of the Company's ash disposal area at Trombay and the laying of a pipeline connecting the storage tanks with the Mumbai Port Trust's pier at Pir Pau. 1971 - The purchase price of assets under the Khopoli Electric Licence, 1933 was determined by mutual agreement to be Rs 21.50 lakhs plus a solatium of 10% as provided in the Licence. A substantial portion of the purchase price was paid to the Company by the Maharashtra State Electricity Board. 1975 - 1,13,379 bonus shares issued in prop. 1.5. 1980 - The Company set up a new manufacturing facility at Bangalore, for commercial production of electronic items designed by its R&D lab. - Interest on 9.5% `A' pref. shares raised to 11% effective 1.4.1980 and redumption date extended to 1.4.1995. 25,965 pref. shares of dissenting shareholders redeemed. 1981 - 3,50,000 No. of equity shares issued at par to public in June. 20,000 No. of equity shares issued to financial institutions on part conversion of 11% Fifth debentures (1981-88). 1984 - The Capacity of set No. 1 at Bhira was uprated from 22 MW to 25 MW. - The Company cancelled its 86,970-7.5% non-redeemable preference shares of Rs 100 each with effect from 1st April and allotted to the holders of these preference shares 86,970-15% secured non-convertible debentures of Rs 100 each in the proportion 1:1. 1986 - Forfeiture on 255 equity shares annulled, 4,56,350 No. of equity shares allotted at par to financial institutions upon conversion of loans/debentures. 1987 - A new double circuit 22/110 KV transmission line was constructed in North Mumbai from Borivli to Malad to meet the requirements of Municipal Corporation of Greater Mumbai besides meeting loads in Kandivili, Malad, etc. It was commissioned during 1988-89. - The transmission and distribution network was also strengthened to maintain reliability of power supply by installation of 2 x 200 MVA, 220/110 KV interconnecting transformers at Trombay, a new 22 KV indoor switchgear at Saki, new capacitor banks at Saki and Kalyan etc. - The Company's proposals of 220/110 KV switching station and new 110 KV receiving station at Grant Road were cleared by State and Central Governments. The Company undertook to install a 180 MW combined cycle plant at Trombay using gas turbines. 1988 - A generator stator weighing 260 tonnes supplied by KWU W. Germany was lifted into position along with the boiler drum from BHEL, Trichy. A 110 KV oil filled cables for bulk transmission of power from Carnac to Backbay was laid to feed BEST's receiving station. - The Company in participation with Tata Projects Ltd., undertook to construct a 600 bed Grade I hotel at Tashkant (USSR). 1989 - It was proposed to upgrade the transmission lines from Bhira to Dharavi from 110 KV to 220 KV. It was commissioned by March 1995. - Six new outlets for BEST at 33 KV from Carnac receiving stations were also commissioned during the year. - Approval from the state and the Central Governments were also received for the installation of a gas based 180 MW combined cycle plant at Trombay at a cost of Rs 212 crores to supplement the generating capacity in the state. - The Companies are also associated with Siemens in the erection and commissioning of the mechanical and electrical equipment for the 4 x 130 MW gas turbines and 2 x 150 MW steam turbines at NTPC's combined cycle power plant at Dadri in Uttar Pradesh. - 5,875 forfeited equity shares reissued. (Prem. Rs 200). 1990 - The Thermal Unit was shut down for 9 weeks for boiler re-certification and overhaul and reblading of four stages of the stationary side of the IP turbine. - The second 500 MW unit 6 at Trombay was trial synchronised with the grid on 23rd March. - The Company took up two major generation projects, viz., 150MW Pumped Storage Unit at Bhira and a gas-based 180 MW Combined Cycle Plant at Trombay Thermal Power Station in case of a major system disturbance and supply power to essential consumers, viz., Railways, BMC, BARC, etc. - The Company also proposed to undertake overhauling and maintenance works on gas turbines at Uran in association with Kraftwerke Union, W. Germany. - As per the agreement signed in October, the Company was to seek clearance for World Bank/IFC loan amounting $ 158 million by 30th September, 1991. 1991 - The generation at the Trombay thermal station suffered due to shortage of fuel particularly during the months October to December. - With a view to upgrade and extend the life of plants, the Company proposed retrofitting of 150 MW Trombay Unit-4 to ensure efficient operation and utilisation of generators of Units 1, 2, and 3 as electrically driven synchronous condensors for power factor improvement. - A new 110 KV substation comprising 2 x 90 MVA, 110/33 KV power transformers along with 33 KV indoor SF6 switchgear and supervisory control and data acquisition system was commissioned at Versova. - A new switching station comprising 3 x 250 MVA, 220/110/33 KV autotransformers, space saving 245 KV gas insulated switchgear and supervisory control and data acquisition system was established. - The Company undertook the projects like: (i) Erection of fourth gas turbine unit at Dadri near Delhi (ii) KWU/Siemens awarded to the companies, (iii) Undertook eletrical and I & C equipment installation works. 1992 - A modern 22 KV indoor SF6 switchgear was installed at Salsette and also a 60 MVAR new capacitor banks were installed at Versova and Malad. Apart from these, replacement of 110 KV oil circuit breakers by modern SF6 breakers at Kalyan, Ambernath, Vikhroli and Salsette receiving stations and extension of fibre optic communication network were also carried out. - During April-May, the Company offered 20,51,555-14% secured redeemable partly convertible debentures of Rs 500 each on rights basis in the proportion 1 deb.: 1 equity shares held (all were taken up). Additional 3,07,733 debentures were allotted to retain oversubscription. - Another 1,02,578 debentures were issued to the employees on an equitable basis (all were taken up). Additional 15,387 debentures were allotted to retain oversubscription. - In addition 3,50,000 debentures were reserved for allotment to Tata Sons Ltd., Tata Industries Ltd., Investment Corporation of India Ltd., and Ewart Investments Ltd. - Part-A of Rs 300 of the face value of each debenture was to be converted into one equity share of Rs 100 each at a premium of Rs 200 per share. - Part-B of Rs 200 of the face value of each debentures was to be redeemed on the expiry of 10 years from the date of allotment with an option to the Board to redeem the same at any time after 7 years from the date of allotment of debentures. - 28,27,253 No. of equity shares allotted on part conversion of 14% debs. (including 3,084 shares allotted after 1st April, 1993). 1993 - The Company proposed to install 2 x 1.25 MW mini hydro generating units on the existing Bhivpuri tailrace channel by utilising available tailrace releases from existing power station. - It was proposed to establish a 110 KV sub-station at Bandra-Kurla complex to meet power requirement of that area and also to establish a 110 KV power supply point at Mankhurd to meet additional load requirement of Central Railway. - The first 120 MW steam turbine at Uran was synchronized and the second unit was scheduled for synchronization in August 1994. - 48,76,443 Rights equity shares allotted (Prem. Rs 300; Prop. 1:1). Another 5,28,165 shares alloted as per GDR issue. 58,345 shares of right issue kept in abeyance. 1994 - The Trombay Unit-7 steam turbine generator was synchronised on 9th December, which generated 650 MUS with PLF of 61.9%. - It was proposed to establish a 110 KV substation at Bandra-Kurala complex to meet the power requirement in S. Mumbai. - During the year, the Company undertook the work of strengthening dams as per designs codes in respect of earthquakes. The Government of Maharashtra had accorded its permission for rebuilding a dam at Somwadi. - The set No. 5 at Bhira was rehabilitated by changing the core & coils and was recommissioned along with a new more efficient 30 MVA generator transformer. - At Vikhroli, an additional 90 MVA, 110/22 KV power transformer was taken into service to increase the reliability of power supply. Also, a new 25 MVA, 110/66 KV transformer at Parel was commissioned. - A MOU was signed between TEC and the Tennesse Valley Authority of USA for renovation and modernisation of power plants. - The Second phase of the Trombay combined cycle power project viz. 60 MW steam turbine and associated equipment was commissioned. Work for commissioning of the unit as pumped storage generation unit was commissioned. - During February, the Company issued 91,549 Global Depository Shares representing 5 ordinary shares of Tata Power Co. Ltd., three ordinary shares of Andhra Valley Power Supply Co. Ltd. and two ordinary shares of the Tata Hydro Electric Power Supply Co. Ltd. Accordingly 5,28,165 shares, 3,16,899 shares and 2,11,266 shares were allotted to Tata Power Co. Ltd., Andhra Valley Power Supply Co. Ltd. and Tata Hydro Electric Power Supply Co. Ltd. respectively. - Equity shares subdivided. 77,70,000 No. of equity shares allotted on private placement basis to associate companies. 1995 - The 150 MW Pumped storage unit was commissioned in the synchronous condenser mode. The Company undertook the work of modernisation and renovation of old 12 MW hydro units at Bhivpuri and Khopoli Generating Stations. - The old core laminations of Bhira Generator No. 2 and Khopoli generator No.2 were replaced by new low loss laminations to reduce core business. - The Company provided services to Tata Projects Ltd., for erection and commissioning of ten new 33 KV sub-station and modification of fifteen existing 33 KV sub-stations in Abu Dhabi and Al Ain area. - 1400 shares kept in abeyance issued. - 56,79,588 No. of equity shares allotted at a prem. as fully paid pursuant to a contract without payment by reserved in case. 1996 - The 150 MW pumped storage unit at Bhira was commissioned. At Bhira generating station five 25 MW units were refurbished by installation of new modern turbine runners of higher efficiency. - The Company strengthened the existing network by installing new 22KV indoor switchgear at Vikhroli sub-station, by replacing old oil/air blast circuit brackers by modern 110 KV breakers at various sub-stations, by retrofitting and uprating of existing 22 KV ABCBs by 22/33 KV modern SF6 breakers, by installation of new numerical type relays on transmission lines and by installation of new micro processor based metering system by replacing existing electro-mechanical type meters. - The Company installed a major 220 KV underground transmission system from Dharavi receiving station to Backbay, South Mumbai. The Company also undertook to implement a 22 KV receiving station at Bandra-Kurla Complex to provide power supply to various commercial consumers in the area. To improve the continuous and reliable power supply, the Company proposed to set up 220 KV switching stations at Parel and Mahalaxmi. - During the year, the Government of Karanataka awarded the Multi-fuel based 80 MW power project to the Company. - 3.62.5 MW thermal generating units at Trombay were converted into synchronous condensers with a 1.2 MW static frequency converter in the starting system. Also a 36 KV switchgear with vacuum circuit breakers were commissioned thereby introducing vacuum breaker technology in medium voltage distribution TEC system. 1997 - The thermal Units at Trombay operated at an on-line availability of about 74% and utilization of about 64.3%. - In order to improve the efficiency at Bhivpuri Generating Station 6x12 MW hydro units were replaced by 3x24 MW units. - The Tata Group is all set to activate a multi-pronged book entry operation which will atonce secure a higher stake for Tisco in Tata Power even while improving the former's cash flows. 1998 - The companies are at various stages of their project proposals to set up captive power units would increase the companies generation capacity by approximately 500 MW. - The company entered into an Joint Venture Agreement with Total Gas and Power India (a wholly owned subsidiayr of Total) for establishment of an LNG Terminal at Trombay. 1999 - CRISIL and ICRA have both awarded the highest rating AAA and LAAA respectively for Debentures upto Rs. 500 crores. - Trombay Thermal achieved a thermal generation of 7670 Million Units (MUs) in the year 1998-99 as compared to 7593 MUs in the previous year. - The Companies have acquired a generating station consisting of a 37.5 MW Unit at Wadi, Karnataka, in January. - The Company has undertaken to give a sharper focus to growth and enhancement of shareholder value. - The Companies have already set up the requisite facilities for dematerialisation of shares, in accordance with the provisions of the Depositories Act, 1996, and several members particularly institutional investors, have availed of these facilities to hold and trade in the shares in electronic form. - The Power Purchase Agreement for 81.3 MW Diesel-based Power Plant at Belgaum, Karnataka was signed with Karnataka Electricity Board. 2000 - The Tata group is set to merge the three Tata Electric Companies - Tata Power, Andhra Valley Power Supply Company, and Tata Hydro-Electric Power Supply. - Reliance Infocom, BSES TeleCom, Tata Power Company Ltd. and Internet services provider Caltiger are gearing up to offer internet telephony services, the moment the government makes it legal. - Tata Power Ltd is in talks to acquire as many as four independent power projects most of which are owned by international power majors, in Madhyra Pradesh, Karnataka and Tamil Nadu. - Tata Power Company has obtained `A' licence as Internet service provider which enables it to operate throughout the country. - Mr. A.M. Sahni has been appointed as Wholetime Director of the company with effect from November 27. 2001 - The company which is fast emerging as a key company in the Tata group, may hive off its telecommunications business into a separate company. - Tata Power Company Ltd on September 3rd, decided to sell its stake consisting of 45 lakh shares in Tata Liebert Ltd (TLL), at Rs 170 per share, to Emerson Electric (Mauritius) Ltd. - The Tata Group has steadily hiked its holding in Tata Power to 32.36 per cent as on September 30, from 31 per cent on April 1 and less than 25 per cent on April 1, 2000, when group companies Andhra Valley and Tata Hydro were merged into Tata Power. 2002 -Signs an agreement with Power Grid Corporation of India Ltd. for 'Tala Transmission Line' -Tata Group declared the successful bidder in the disinvestment process initiated by the Govt. of India in VSNL -120 MW Unit 3 at the Jojobera Power Plant of the Company at Jamshedpur commences commercial production -Tata Power acquires North North-West Delhi Distribution Co. Ltd. (Discom-III), a distribution company belonging to the Delhi Vidyut Board (DVB), which supplies power to north and north-western Delhi -Delhi government signs share-holding agreement with Tata Power for power distribution in the captal -Bags Good Corporate Citizen award by Bombay Chamber of Commerce for the year 2001-02 -Mr. Firdose A Vandrevala appointed as Managing Director of the company -BSES files suit against Tata Power Company with Maharashtra Electricity Regulatory Commission, saying that it is poaching on its consumer base in violation of its terms of license 2003 -Signs subscription agreement with Power Trading Corporation of India Ltd. to acquire upto 1,00,00,000 equity shares of Rs 10 each aggregating to Rs 100 million in one or more tranches -Submits its expression of interest (EoI) to participate in Tata Sons' share buyback programme -Ties up with the UK-based energy major British Petroleum to jointly estimate the 2,184 mw Dabhol power project -Managing Director Mr. Firdose A Vandrevala elected as chairman of the Confederation of Indian Industry (CII) western region -Awarded the contract for supply and construction of 180 KM long 400 KV Double Circuit Transmission Line from Palandur to Chandrapur (Maharashtra) By Power Grid Corporation of India Ltd. -Enforces integrated automated system module developed by SAP -Power Grid Corporation of India Ltd (PGCIL) enters into a joint venture with Tata Power to develop a 1,200 km long transmission line -Maharashtra Electricity Regulatory Commission (MERC) ropes in Tata Power Company (TPC) for the formulation of draft rules and regulations stipulated under the newly notified Electricity Act 2003 -Enters into Shareholders Agreement with Power Grid Corporation of India Ltd. and Tala-Delhi Transmission Ltd. for implementation of the 400 KV Tala Transmission Line Project -Supreme Court in an important ruling seeks Tata Power Company (TPC) to pay around 20% towards arrears of standby charges of Rs 4110-cr during the period of April 1999 and June 2003 -Tata Power infuses Rs 352 crore in the group's telecom businesses, Rs 25 crore and Rs 115 crore in Tata Teleservices, the group's basic telephony flagship, and in Tata Teleservices (Maharashtra), respectively -Approaches Bombay High Court against an order issued by Maharashtra Electricity Regulatory Commission (MERC), which restricts the company to provide power to retail consumers -Members approve delisting from 3 stock exchanges (Delhi, Pune & Ahmedabad) -Bags $8.9 million order brom Bangladesh power grid project -Power Grid Corporation of India Ltd awards contract for supply and construction of the 400 kV Vishnuprayag -Muzaffarnagar Double Circuit Transmission line totalling 100 route KM in the state of Uttaranchal -Jointly develop the 330 MW Srinagar Hydro Power Project in Uttaranchal with Synergies Hydro Asia (SHA), at an estimated cost of Rs 16500 million -Maharashtra Govt. took back its nominee from the company board -Started construction of its merchant power plant under the new `Electricity Act 2003', at Jojobera in Jharkhand. 2003 -The company entered into a Joint Venture Agreement with Power Grid Corporation of India Ltd. to set up a 1200 km power transmission line from Siliguri in West Bengal to Mandola in Uttar Pradesh. In addition to the 330 MW Shrinagar project and 120 MW project at Jojobera, the company also has plans to set up new power projects. -Company has appointed Mr A J Engineer as the Additional Director of the Company wef November 19, 2003. -TPC has tendered an unconditional apology to Maharashtra Electricity Regulatory Commission (MERC) for supplying power below 1,000 kVa to an industrial estate from the Mumbai suburbs. -Duncans North Hydro Power becomes a fully owned subsidiary of Tata Power -Tata Power buys out 100-pc stake in Duncans North Hydro Power Company -Tata Power Company Ltd has informed that the Ahmedabad Stock Exchange (ASE) has informed the company that wef January 15, 2004 the companies securities will stand delisted from ASE. 2003 -Tata Power Co, Reliance Energy Ltd poised to acquire Dhabol 2004 -Tata Power acquires 100% equity stake of Tata Power Trading Co. Pvt. Ltd. -Tata Power Company has floated a wholly owned subsidiary for the power trading business and applied to the Central Electricity Regulatory Commission (CERC) for a countrywide trading licence. Christened Tata Power Trading Company, the subsidiary has been incorporated with a paid up capital of around Rs 2 crore. -Unveils special purpose vehicle (SPV) under the name of Tata Power Trading Company Private Limited (TPTCPL) for undertaking inter-state trading of power in the country -Tata Power Company Ltd has on April 5, 2004 signed a Development Agreement with GAIL India Ltd & BP to jointly participate in evaluating the Dabhol gas and power opportunity. -Tata Power Co. Ltd. has nominated Mr. Sanjay Bhatia as the State Government Director on the Board of the Company in place of Mr. Jayant S Kawale -The Union Government on May 20, 2004, cleared Tata Power Company's trading licence -Tata Power Company MOU with National Power Company of Al-Zamil Group, Kingdom of Saudi Arabia -Tata Power Trading Company Ltd (TPTCL), a wholly owned subsidiary of the Tata Power Company (TPC), has been awarded the first ever power trading licence by the Central Electricity Regulatory Commission (CERC) 2005 -Tata Power signs generation pact with DVC on Maithon Project -Tata Power enters into an agreement for sale of shares in Tata Power Broadband 2006 -Tata Power joins hands with Siemens -Tata Power Company Ltd has informed that, the State Government has nominated Mr Jayant S Kawale as the State Government Director on the Board of the Company in place of Mr Sanjay S Bhatia. At its meeting held on November 27, 2006, the Board of Directors of the Company appointed Mr Kawale as the Nominee Director with immediate effect. 2007 -Tata Power Company Ltd on January 24, 2007 has announced that the Company has signed a MoU with the Government of Chhattisgarh for the setting up of a 1000 MW coal fired mega power plant in the State. - Tata Power Company Ltd has appointed Mr. Anil K Sardana as Executive Director of the Company with effect from March 01, 2007. -Tata Power Company Ltd has informed that the State Government has nominated Mr. Rahul Asthana as the State Government Director on the Board of the Company in place of Mr. Jayant S Kawale. Mr. Asthana has been appointed as the State Government Director effective March 30, 2007. -Tata Power Company Ltd on has announced the acquisition of the Coastal Gujarat Power Ltd, a Special Purpose Vehicle (SPV) formed for Mundra Ultra Mega Power Project (UMPP). A formal execution of the documents took place between Power Finance Corporation (PFC) and Tata Power, under the auspices of Ministry of Power, Delhi. - Tata Power has roped in Korea-based Doosan Heavy Industries and Construction Ltd for supercritical boilers for its Mundra ultra mega power project. -Tata Power Company Ltd has appointed Mr. Anil Kumar Sardana as an Additional Director of the Company effective August 09, 2007. 2008 -Tata Power Company Ltd has appointed Dr. R H Patil and Mr. P G Mankad as Additional Directors of the Company with effect from July 03, 2008. 2009 - Tata Power Company Ltd has informed regarding a Press Release dated January 12, 2009 titled Tata Power signs an MOU with Government of Gujarat to explore setting up of 5 MW each of Geothermal and solar power plants. - Tata Power Company Ltd has appointed Mr. A K Basu as an Additional Director of the Company effective March 26, 2009. 2010 - Tata Power Company Ltd has said that consortium between the company and Arrow Energy has been awarded the Satpura Coal Based Methane (CBM) block in the state of Madhya Pradesh. - Tata Power - CRISIL assigns 'AA/Positive' rating to Tata Power's Rs. 6 billion non-convertible debenture programme - Tata Power's First Clean Development Mechanism registered project - 50.4 MW Khandke wind farm - Tata Power signed MoU with Korea East West Power to explore and execute Operations. 2011 - Tata Power was bestowed the prestigious "Vasundhara Award" in the industry category, given out to recognize exemplary work carried out by Industries, Urban Local Bodies, Schools and Environmental Non Governmental Organizations (NGOs) towards protection of environment in the State of Maharashtra by Maharashtra Pollution Control Board (MPCB). - Tata Power has won theBest Environmental Performance Power Plant of the Year - Gold & Environmental Company of the Year - Bronze awards at the Asian Power Awards 2011 held in Malaysia - It was announced by the Tata Power Company today that the retail consumer base which it has in Mumbai has gone over 1 lakh since the past one year. - Tata Power JV won bid for 236 MW hydropower project - Taking a step ahead in fulfilling its corporate social responsibility, Tata Power has launched its education initiative, Village Education Excellence Program, across villages surrounding Tiruldih, Jharkhand extending Maths, Science and English classes for around 450 students. -Company has splits its Face value of Shares from Rs 10 to Re 1 2012 - Tata Power signs a long term coal supply agreement with PT Antang Gunung Meratus, Indonesia - Tata Power today acquired a 26 per cent stake in another Indonesian coal miner PT Baramulti Suksessarana Tbk (BSSR) through its 100 per cent subsidiary Khopoli Investments Limited ("Khopoli") with an objective to bolster supplies amid a severe domestic fuel shortage. - Tata Power has entered into a 50:50 Joint Venture with South Africa-based Exxaro Resource Limited (Exxaro) - Tata Power said that the Jharkhand State Electricity Board has awarded the company with a letter of intent for the electricity distribution franchise of Jamshedpur circle. - Tata Power Company Ltd - Ratan N. Tata steps down as Chairman, Tata Power; Cyrus P. Mistry appointed as Chairman. 2013 -Tata Power Co.has signed an agreement with Clean Energy Invest AS (Clean Energy) and IFC InfraVentures (IFC) for developing hydro projects in Georgia for sale of power, primarily to Turkey. --Tata Power Co.has announced the signing of a Memorandum of Understanding (MoU) with the Ministry of Industry and Trade; Government of Vietnam for developing the Long Phu 2 Power Project in Soc Trang Province of Vietnam. -Tata Power signs Share Purchase Agreement (SPA) for acquisition of of 39.2 MW wind farm in Gujarat. -Tata Power wins 1,200 MW project in Vietnam. 2014 -Tata Power wins "Honble Minister Mr. Arun Jaitley bestows coveted National Award for Excellence in Corporate Governance 2013". -"Tata Power signs Share Purchase Agreement for acquisition of 540 MW coal based thermal power project in Maharashtra". -"Tata Power successfully commissions its 2nd 25 MW solar farm in Palaswadi, Maharashtra". -Tata Power SED to produce defense navigation system for Honeywell. -Tata Power Company has announced Rights in the Ratio of 7:50 2015 -Tata Power enters into a binding understanding with NELCO to purchase NELCO's defence business -Tata Power signs MoU with Siberian Coal Energy Company to indentify and evaluate opportunities in energy sector -Tata Power SEP consortium down-selected for prestigious MAKE Project of Battlefield Management System for the Indian Army -Tata Power has commissioning of Unit 1 of 126 MW Dagachhu Hydro project in Bhutan -Tata Power Company Ltd has successfully commissioned the unit of its Dagachhu Hydro power project having a capacity of 63 MW in Bhutan -Tata Power enters into a Share Purchase Agreement in relation to the 120 MW Itezhi Tezhi hydropower project in Zambia -Tata Power has commissioned 1.25 MW rooftop projects at SASTRA University - Thanjavur and Kumbakonam campuses in Tamil Nadu -Tata Power Company has commissioned one of the largest radio frequency metering projects in India -Tata Power joins hand with BlackBerry arm for mobile communications system -Tata Power Company Ltd has entered into partnership with Cargill and Schneider Electric to install India's first natural ester filled transformers -Tata Power - Tata Power's Trombay Thermal Power bags an award at the Best Safety Practices Award Competition -Tata Power launches special AC Exchange programme in Mumbai to promote energy efficiency under its 'Be Green' initiative -Tata Power Company Ltd has launched an online module of the Club Enerji programme -Tata Power honoured with SAP ACE Award 2015 for Enterprise wise Technology adaption -Tata Power's Joint-Venture 120 MW Itezhi Tezhi Hydro Power Project in Zambia gets CDM approval from UNFCCC -Tata Power honoured at the National Energy Conservation Award, 2015 -Tata Power and Gamesa India enter into a contract for commissioning 100 MW turnkey wind project in Andhra Pradesh -Tata Power's Joint-Venture Maithon Power Limited (MPL) Commences flow of energy to Kerala on a Long Term Agreement basis -Tata Power - The Maithon Power ( MPL) - a Tata Power and Damodar Valley Corporation joint venture company has completed its tie-up of power through long-term PPA with the commencement of power flow to Kerala State Electricity Board -Tata Power signs MoU with the Ministry for Development of Russian Far East 2016 -Tata Power bags award for best performance in power sector -Tata Power Distribution Projects obtains Integrated Management System (IMS) Certification -Tata Power synchronizes unit 1 of its 202.5 MW IEL Kalinganagar-Orissa project -Tata Power innovates with Toshiba and Cargill, to design and develop India's first Pad mount Substation -Tata Power gets forest clearance for wind power project -Tata Power Inaugurates its third Tata Power Skill Development Institute (TPSDI) in Maithon, Jharkhand as a dedication to Nation -Tata Power commissions solar unit at Rajaram Maize factory -Tata Power launches spot billing facility for Mumbai consumers -Tata Power launches Mobile App for stakeholders, consumers -Tata Power unveils four training hubs in India -Tata Power acquires 30 MW wind farm in Maharashtra -Tata Power receives order to supply to Indian army 2017 - "Tata Power Renewable Energy Ltd. commissions two projects in Andhra Pradesh and Tamil Nadu". -"Tata Power's Maithon Power Plant awarded with Global Energy Management Award 2017". -"Tata Power Skill Development Institute inaugurates 'Skills on Wheels'". -"Tata Power Renewable Energy commissions 100 MW wind farm in Andhra Pradesh.". -Tata Power inks pact for electricity distribution in Ajmer -Tata Power turns around solar business to become India's largest integrated solar company -Tata Power launches Super-Efficient BLDC Ceiling Fan program for the consumers in Mumbai on World Environment Day. -Tata Power launches super-efficient ceiling fan program -"Tata Power awarded for excellence in cost management at the 14th National Awards for Excellence in Cost Management in 2016". -Tata Power becomes the first power utility to introduce QR code for bill payments in India. -"Tata Power launches Electric Vehicle charging infrastructure in Mumbai". -Tata Power skill development institute wins accolades at the Indo Global Skill Summit and Expo 2017. -"Tata Power awarded for establishing and early commissioning of the 100 MW solar plant ". -"Tata Power Solar Commissions India's First Rooftop Solar Carport". -Tata Power awarded for Domain Excellence in biodiversity conservation at CII-ITC Sustainability Awards 2017. - 'Tata Power wins Mining License Project in Kamchatka, Far East Russia'. -"Tata Power Wins Top Awards at risks related Leadership Summit". 2018 -Tata Power bags 'Par-Excellence' and 'Excellent' Award at the 32nd National Convention on Quality Circles (NCQC) 2018. -Tata Power empowers Haldia community members during the 10th Tata Volunteering Week in Haldia, West Bengal. -Tata Power Solar now launches an extensive residential rooftop solution in Bhubaneswar. -Tata Power bags "GOLD" & "Best Project From India" at the International Convention on Quality Control Circles (ICQCC) 2018 Award. -Tata Power inaugurates Ajmer's first 'All-women' Customer Relations Centre. -Tata Power inaugurates its second 'All-women' Customer Relations Centre in Borivali, Mumbai 2019 -Tata Power inaugurates 4th `All-Women' Customer Relations Centre in ghatkopar, mumbai. -Tata Power's journey towards United Nations Sustainable Development Goals; making a sustainable difference for over 100 years. -Tata Power gets Letter of Intent for the acquisition of CESU Power Distribution in Odisha. -Tata Power launches Maharashtra's 1st All Women Dairy Enterprise in Maval. -Tata Power ranks among top 10 companies with the highest Corporate Governance score. -Tata Power and Local Colleges join hands to leverage Government Scholarship Schemes in Mumbai, Maharashtra. 2020 -Tata Power recognised as one of the country's Most Sustainable Companies by Sustain Labs Paris (SLP). -Tata Power bags SAP ACE Award 2020 for Adoption of Transformative Technologies. -CRISIL upgrades Tata Power Long Term rating to `CRISIL AA/Stable'. -TP Renewable Microgrid Ltd. partners with Airtel Payments Bank to enhance customer convenience. -Tata Power signs a PPA with Apollo Gleneagles Hospital, Kolkata to commission Indian health sector's biggest carport. -TPSDI wins Gold at the 2020 Brandon Hall Group HCM Excellence Awards 2021 -TP Northern Odisha Distribution Ltd trains over 500 Women Self-Help Groups in Keonjhar and Mayurbhanj districts. -Tata Power receives 'Letter of Award' from MSEDCL for setting up of 300 MW Hybrid (Wind & Solar) Project. -Tata Power and IIT Madras to collaborate on R&D, Consultancy, Advocacy, Training and Technology Solutions. -India's largest Solar and Battery Storage Project awarded to Tata Power Solar of INR 945 crore. -Tata Power Collaborates with Tata Steel to set up 41MW grid connected solar projects in Jharkhand and Odisha. -Tata Power achieves milestone of more than 1000 EV charging stations across the country 2022 -Tata Power Renewable Energy Limited receives `Letter of Award' to set up 255MW Hybrid Project for Tata Power Delhi Distribution Limited. -Tata Power Solar Systems Ltd. and Union Bank of India join hands to facilitate Solar Rooftop adoption in MSME Sector. -Tata Power collaborates with The Indian Army to set up EV charging points in Delhi Cantonment. -Tata Power Solar Systems Ltd. launches cost-efficient solar off-grid solutions. -Tata Power launches 'Sustainable Is Attainable' - An Initiative to fast-track India's Green Energy transition with News18 Network. 2023 -Tata Power and Indian Oil Corporation Limited Collaborate to Deploy 500 Fast and Ultra-fast EV Charging Points across India -Tata Power acquires Bikaner - Neemrana Transmission Project to boost Renewable Energy evacuation in India. -Tata Power signs MoU with the Government of Maharashtra for Development of 2800 MW of Pumped Hydro Storage Projects. -Tata Power Renewable Energy Limited signs Power Purchase Agreements (PPAs) with MSEDCL for 200 MW and 150 MW Solar Projects. -TP Saurya Limited inks PPA with Tata Power Trading Company Limited to set up 200 MW solar project in Rajasthan. -Tata Power Renewable Energy Limited signs PPA for 510 MW Hybrid project with Tata Power Delhi Distribution Ltd. 2024 -"Tata Power Signs MoU with Asian Development Bank for US$4.25 Billion to Finance Key Clean Energy Power Projects". -Tata Power acquired Paradeep Transmission for Rs 18.64 cr. -Tata Power bags project SPV ERES-XXXIX from REC Power Development. -"Tata Power Renewable Energy Limited Secured 400 MW Hybrid Project from MSEDCL". - Tata Power, DGPC partner to set up 600 MW hydro project in Bhutan.

1919 - The Company was incorporated on 18th September, at Mumbai. The Company generate and supply Electricity. The Tata Hydro-Electric Power System comprises the Tata Hydro-Electric Power Supply Co., Ltd., the Andhra Valley Power Supply Co. Ltd., and the Tata Power Co., Ltd. 1953 - 1,500 Right Equity shares issued at par in prop. 2:5. 1955 - 15,000 partly paid shares fully called up. 1961 - The Company together with its two associated companies decided to enter into a partnership arrangement with Ebasco India, Ltd., for the establishment in India of a consulting engineering firm by the name of `Tata-Ebasco Consulting Engineering Services'. 1967 - 51,536 right equity shares issued at par (prop. 1:10). 1968 - 1,00,000-9.25% pref. shares offered for public subscription. 1969 - A new company under the name Chemical Terminal Trombay, Ltd., was formed, in participation with other Tata Companies and Elephanta India Private Ltd., with the object to installation of storage tanks on a part of the Company's ash disposal area at Trombay and the laying of a pipeline connecting the storage tanks with the Mumbai Port Trust's pier at Pir Pau. 1971 - The purchase price of assets under the Khopoli Electric Licence, 1933 was determined by mutual agreement to be Rs 21.50 lakhs plus a solatium of 10% as provided in the Licence. A substantial portion of the purchase price was paid to the Company by the Maharashtra State Electricity Board. 1975 - 1,13,379 bonus shares issued in prop. 1.5. 1980 - The Company set up a new manufacturing facility at Bangalore, for commercial production of electronic items designed by its R&D lab. - Interest on 9.5% `A' pref. shares raised to 11% effective 1.4.1980 and redumption date extended to 1.4.1995. 25,965 pref. shares of dissenting shareholders redeemed. 1981 - 3,50,000 No. of equity shares issued at par to public in June. 20,000 No. of equity shares issued to financial institutions on part conversion of 11% Fifth debentures (1981-88). 1984 - The Capacity of set No. 1 at Bhira was uprated from 22 MW to 25 MW. - The Company cancelled its 86,970-7.5% non-redeemable preference shares of Rs 100 each with effect from 1st April and allotted to the holders of these preference shares 86,970-15% secured non-convertible debentures of Rs 100 each in the proportion 1:1. 1986 - Forfeiture on 255 equity shares annulled, 4,56,350 No. of equity shares allotted at par to financial institutions upon conversion of loans/debentures. 1987 - A new double circuit 22/110 KV transmission line was constructed in North Mumbai from Borivli to Malad to meet the requirements of Municipal Corporation of Greater Mumbai besides meeting loads in Kandivili, Malad, etc. It was commissioned during 1988-89. - The transmission and distribution network was also strengthened to maintain reliability of power supply by installation of 2 x 200 MVA, 220/110 KV interconnecting transformers at Trombay, a new 22 KV indoor switchgear at Saki, new capacitor banks at Saki and Kalyan etc. - The Company's proposals of 220/110 KV switching station and new 110 KV receiving station at Grant Road were cleared by State and Central Governments. The Company undertook to install a 180 MW combined cycle plant at Trombay using gas turbines. 1988 - A generator stator weighing 260 tonnes supplied by KWU W. Germany was lifted into position along with the boiler drum from BHEL, Trichy. A 110 KV oil filled cables for bulk transmission of power from Carnac to Backbay was laid to feed BEST's receiving station. - The Company in participation with Tata Projects Ltd., undertook to construct a 600 bed Grade I hotel at Tashkant (USSR). 1989 - It was proposed to upgrade the transmission lines from Bhira to Dharavi from 110 KV to 220 KV. It was commissioned by March 1995. - Six new outlets for BEST at 33 KV from Carnac receiving stations were also commissioned during the year. - Approval from the state and the Central Governments were also received for the installation of a gas based 180 MW combined cycle plant at Trombay at a cost of Rs 212 crores to supplement the generating capacity in the state. - The Companies are also associated with Siemens in the erection and commissioning of the mechanical and electrical equipment for the 4 x 130 MW gas turbines and 2 x 150 MW steam turbines at NTPC's combined cycle power plant at Dadri in Uttar Pradesh. - 5,875 forfeited equity shares reissued. (Prem. Rs 200). 1990 - The Thermal Unit was shut down for 9 weeks for boiler re-certification and overhaul and reblading of four stages of the stationary side of the IP turbine. - The second 500 MW unit 6 at Trombay was trial synchronised with the grid on 23rd March. - The Company took up two major generation projects, viz., 150MW Pumped Storage Unit at Bhira and a gas-based 180 MW Combined Cycle Plant at Trombay Thermal Power Station in case of a major system disturbance and supply power to essential consumers, viz., Railways, BMC, BARC, etc. - The Company also proposed to undertake overhauling and maintenance works on gas turbines at Uran in association with Kraftwerke Union, W. Germany. - As per the agreement signed in October, the Company was to seek clearance for World Bank/IFC loan amounting $ 158 million by 30th September, 1991. 1991 - The generation at the Trombay thermal station suffered due to shortage of fuel particularly during the months October to December. - With a view to upgrade and extend the life of plants, the Company proposed retrofitting of 150 MW Trombay Unit-4 to ensure efficient operation and utilisation of generators of Units 1, 2, and 3 as electrically driven synchronous condensors for power factor improvement. - A new 110 KV substation comprising 2 x 90 MVA, 110/33 KV power transformers along with 33 KV indoor SF6 switchgear and supervisory control and data acquisition system was commissioned at Versova. - A new switching station comprising 3 x 250 MVA, 220/110/33 KV autotransformers, space saving 245 KV gas insulated switchgear and supervisory control and data acquisition system was established. - The Company undertook the projects like: (i) Erection of fourth gas turbine unit at Dadri near Delhi (ii) KWU/Siemens awarded to the companies, (iii) Undertook eletrical and I & C equipment installation works. 1992 - A modern 22 KV indoor SF6 switchgear was installed at Salsette and also a 60 MVAR new capacitor banks were installed at Versova and Malad. Apart from these, replacement of 110 KV oil circuit breakers by modern SF6 breakers at Kalyan, Ambernath, Vikhroli and Salsette receiving stations and extension of fibre optic communication network were also carried out. - During April-May, the Company offered 20,51,555-14% secured redeemable partly convertible debentures of Rs 500 each on rights basis in the proportion 1 deb.: 1 equity shares held (all were taken up). Additional 3,07,733 debentures were allotted to retain oversubscription. - Another 1,02,578 debentures were issued to the employees on an equitable basis (all were taken up). Additional 15,387 debentures were allotted to retain oversubscription. - In addition 3,50,000 debentures were reserved for allotment to Tata Sons Ltd., Tata Industries Ltd., Investment Corporation of India Ltd., and Ewart Investments Ltd. - Part-A of Rs 300 of the face value of each debenture was to be converted into one equity share of Rs 100 each at a premium of Rs 200 per share. - Part-B of Rs 200 of the face value of each debentures was to be redeemed on the expiry of 10 years from the date of allotment with an option to the Board to redeem the same at any time after 7 years from the date of allotment of debentures. - 28,27,253 No. of equity shares allotted on part conversion of 14% debs. (including 3,084 shares allotted after 1st April, 1993). 1993 - The Company proposed to install 2 x 1.25 MW mini hydro generating units on the existing Bhivpuri tailrace channel by utilising available tailrace releases from existing power station. - It was proposed to establish a 110 KV sub-station at Bandra-Kurla complex to meet power requirement of that area and also to establish a 110 KV power supply point at Mankhurd to meet additional load requirement of Central Railway. - The first 120 MW steam turbine at Uran was synchronized and the second unit was scheduled for synchronization in August 1994. - 48,76,443 Rights equity shares allotted (Prem. Rs 300; Prop. 1:1). Another 5,28,165 shares alloted as per GDR issue. 58,345 shares of right issue kept in abeyance. 1994 - The Trombay Unit-7 steam turbine generator was synchronised on 9th December, which generated 650 MUS with PLF of 61.9%. - It was proposed to establish a 110 KV substation at Bandra-Kurala complex to meet the power requirement in S. Mumbai. - During the year, the Company undertook the work of strengthening dams as per designs codes in respect of earthquakes. The Government of Maharashtra had accorded its permission for rebuilding a dam at Somwadi. - The set No. 5 at Bhira was rehabilitated by changing the core & coils and was recommissioned along with a new more efficient 30 MVA generator transformer. - At Vikhroli, an additional 90 MVA, 110/22 KV power transformer was taken into service to increase the reliability of power supply. Also, a new 25 MVA, 110/66 KV transformer at Parel was commissioned. - A MOU was signed between TEC and the Tennesse Valley Authority of USA for renovation and modernisation of power plants. - The Second phase of the Trombay combined cycle power project viz. 60 MW steam turbine and associated equipment was commissioned. Work for commissioning of the unit as pumped storage generation unit was commissioned. - During February, the Company issued 91,549 Global Depository Shares representing 5 ordinary shares of Tata Power Co. Ltd., three ordinary shares of Andhra Valley Power Supply Co. Ltd. and two ordinary shares of the Tata Hydro Electric Power Supply Co. Ltd. Accordingly 5,28,165 shares, 3,16,899 shares and 2,11,266 shares were allotted to Tata Power Co. Ltd., Andhra Valley Power Supply Co. Ltd. and Tata Hydro Electric Power Supply Co. Ltd. respectively. - Equity shares subdivided. 77,70,000 No. of equity shares allotted on private placement basis to associate companies. 1995 - The 150 MW Pumped storage unit was commissioned in the synchronous condenser mode. The Company undertook the work of modernisation and renovation of old 12 MW hydro units at Bhivpuri and Khopoli Generating Stations. - The old core laminations of Bhira Generator No. 2 and Khopoli generator No.2 were replaced by new low loss laminations to reduce core business. - The Company provided services to Tata Projects Ltd., for erection and commissioning of ten new 33 KV sub-station and modification of fifteen existing 33 KV sub-stations in Abu Dhabi and Al Ain area. - 1400 shares kept in abeyance issued. - 56,79,588 No. of equity shares allotted at a prem. as fully paid pursuant to a contract without payment by reserved in case. 1996 - The 150 MW pumped storage unit at Bhira was commissioned. At Bhira generating station five 25 MW units were refurbished by installation of new modern turbine runners of higher efficiency. - The Company strengthened the existing network by installing new 22KV indoor switchgear at Vikhroli sub-station, by replacing old oil/air blast circuit brackers by modern 110 KV breakers at various sub-stations, by retrofitting and uprating of existing 22 KV ABCBs by 22/33 KV modern SF6 breakers, by installation of new numerical type relays on transmission lines and by installation of new micro processor based metering system by replacing existing electro-mechanical type meters. - The Company installed a major 220 KV underground transmission system from Dharavi receiving station to Backbay, South Mumbai. The Company also undertook to implement a 22 KV receiving station at Bandra-Kurla Complex to provide power supply to various commercial consumers in the area. To improve the continuous and reliable power supply, the Company proposed to set up 220 KV switching stations at Parel and Mahalaxmi. - During the year, the Government of Karanataka awarded the Multi-fuel based 80 MW power project to the Company. - 3.62.5 MW thermal generating units at Trombay were converted into synchronous condensers with a 1.2 MW static frequency converter in the starting system. Also a 36 KV switchgear with vacuum circuit breakers were commissioned thereby introducing vacuum breaker technology in medium voltage distribution TEC system. 1997 - The thermal Units at Trombay operated at an on-line availability of about 74% and utilization of about 64.3%. - In order to improve the efficiency at Bhivpuri Generating Station 6x12 MW hydro units were replaced by 3x24 MW units. - The Tata Group is all set to activate a multi-pronged book entry operation which will atonce secure a higher stake for Tisco in Tata Power even while improving the former's cash flows. 1998 - The companies are at various stages of their project proposals to set up captive power units would increase the companies generation capacity by approximately 500 MW. - The company entered into an Joint Venture Agreement with Total Gas and Power India (a wholly owned subsidiayr of Total) for establishment of an LNG Terminal at Trombay. 1999 - CRISIL and ICRA have both awarded the highest rating AAA and LAAA respectively for Debentures upto Rs. 500 crores. - Trombay Thermal achieved a thermal generation of 7670 Million Units (MUs) in the year 1998-99 as compared to 7593 MUs in the previous year. - The Companies have acquired a generating station consisting of a 37.5 MW Unit at Wadi, Karnataka, in January. - The Company has undertaken to give a sharper focus to growth and enhancement of shareholder value. - The Companies have already set up the requisite facilities for dematerialisation of shares, in accordance with the provisions of the Depositories Act, 1996, and several members particularly institutional investors, have availed of these facilities to hold and trade in the shares in electronic form. - The Power Purchase Agreement for 81.3 MW Diesel-based Power Plant at Belgaum, Karnataka was signed with Karnataka Electricity Board. 2000 - The Tata group is set to merge the three Tata Electric Companies - Tata Power, Andhra Valley Power Supply Company, and Tata Hydro-Electric Power Supply. - Reliance Infocom, BSES TeleCom, Tata Power Company Ltd. and Internet services provider Caltiger are gearing up to offer internet telephony services, the moment the government makes it legal. - Tata Power Ltd is in talks to acquire as many as four independent power projects most of which are owned by international power majors, in Madhyra Pradesh, Karnataka and Tamil Nadu. - Tata Power Company has obtained `A' licence as Internet service provider which enables it to operate throughout the country. - Mr. A.M. Sahni has been appointed as Wholetime Director of the company with effect from November 27. 2001 - The company which is fast emerging as a key company in the Tata group, may hive off its telecommunications business into a separate company. - Tata Power Company Ltd on September 3rd, decided to sell its stake consisting of 45 lakh shares in Tata Liebert Ltd (TLL), at Rs 170 per share, to Emerson Electric (Mauritius) Ltd. - The Tata Group has steadily hiked its holding in Tata Power to 32.36 per cent as on September 30, from 31 per cent on April 1 and less than 25 per cent on April 1, 2000, when group companies Andhra Valley and Tata Hydro were merged into Tata Power. 2002 -Signs an agreement with Power Grid Corporation of India Ltd. for 'Tala Transmission Line' -Tata Group declared the successful bidder in the disinvestment process initiated by the Govt. of India in VSNL -120 MW Unit 3 at the Jojobera Power Plant of the Company at Jamshedpur commences commercial production -Tata Power acquires North North-West Delhi Distribution Co. Ltd. (Discom-III), a distribution company belonging to the Delhi Vidyut Board (DVB), which supplies power to north and north-western Delhi -Delhi government signs share-holding agreement with Tata Power for power distribution in the captal -Bags Good Corporate Citizen award by Bombay Chamber of Commerce for the year 2001-02 -Mr. Firdose A Vandrevala appointed as Managing Director of the company -BSES files suit against Tata Power Company with Maharashtra Electricity Regulatory Commission, saying that it is poaching on its consumer base in violation of its terms of license 2003 -Signs subscription agreement with Power Trading Corporation of India Ltd. to acquire upto 1,00,00,000 equity shares of Rs 10 each aggregating to Rs 100 million in one or more tranches -Submits its expression of interest (EoI) to participate in Tata Sons' share buyback programme -Ties up with the UK-based energy major British Petroleum to jointly estimate the 2,184 mw Dabhol power project -Managing Director Mr. Firdose A Vandrevala elected as chairman of the Confederation of Indian Industry (CII) western region -Awarded the contract for supply and construction of 180 KM long 400 KV Double Circuit Transmission Line from Palandur to Chandrapur (Maharashtra) By Power Grid Corporation of India Ltd. -Enforces integrated automated system module developed by SAP -Power Grid Corporation of India Ltd (PGCIL) enters into a joint venture with Tata Power to develop a 1,200 km long transmission line -Maharashtra Electricity Regulatory Commission (MERC) ropes in Tata Power Company (TPC) for the formulation of draft rules and regulations stipulated under the newly notified Electricity Act 2003 -Enters into Shareholders Agreement with Power Grid Corporation of India Ltd. and Tala-Delhi Transmission Ltd. for implementation of the 400 KV Tala Transmission Line Project -Supreme Court in an important ruling seeks Tata Power Company (TPC) to pay around 20% towards arrears of standby charges of Rs 4110-cr during the period of April 1999 and June 2003 -Tata Power infuses Rs 352 crore in the group's telecom businesses, Rs 25 crore and Rs 115 crore in Tata Teleservices, the group's basic telephony flagship, and in Tata Teleservices (Maharashtra), respectively -Approaches Bombay High Court against an order issued by Maharashtra Electricity Regulatory Commission (MERC), which restricts the company to provide power to retail consumers -Members approve delisting from 3 stock exchanges (Delhi, Pune & Ahmedabad) -Bags $8.9 million order brom Bangladesh power grid project -Power Grid Corporation of India Ltd awards contract for supply and construction of the 400 kV Vishnuprayag -Muzaffarnagar Double Circuit Transmission line totalling 100 route KM in the state of Uttaranchal -Jointly develop the 330 MW Srinagar Hydro Power Project in Uttaranchal with Synergies Hydro Asia (SHA), at an estimated cost of Rs 16500 million -Maharashtra Govt. took back its nominee from the company board -Started construction of its merchant power plant under the new `Electricity Act 2003', at Jojobera in Jharkhand. 2003 -The company entered into a Joint Venture Agreement with Power Grid Corporation of India Ltd. to set up a 1200 km power transmission line from Siliguri in West Bengal to Mandola in Uttar Pradesh. In addition to the 330 MW Shrinagar project and 120 MW project at Jojobera, the company also has plans to set up new power projects. -Company has appointed Mr A J Engineer as the Additional Director of the Company wef November 19, 2003. -TPC has tendered an unconditional apology to Maharashtra Electricity Regulatory Commission (MERC) for supplying power below 1,000 kVa to an industrial estate from the Mumbai suburbs. -Duncans North Hydro Power becomes a fully owned subsidiary of Tata Power -Tata Power buys out 100-pc stake in Duncans North Hydro Power Company -Tata Power Company Ltd has informed that the Ahmedabad Stock Exchange (ASE) has informed the company that wef January 15, 2004 the companies securities will stand delisted from ASE. 2003 -Tata Power Co, Reliance Energy Ltd poised to acquire Dhabol 2004 -Tata Power acquires 100% equity stake of Tata Power Trading Co. Pvt. Ltd. -Tata Power Company has floated a wholly owned subsidiary for the power trading business and applied to the Central Electricity Regulatory Commission (CERC) for a countrywide trading licence. Christened Tata Power Trading Company, the subsidiary has been incorporated with a paid up capital of around Rs 2 crore. -Unveils special purpose vehicle (SPV) under the name of Tata Power Trading Company Private Limited (TPTCPL) for undertaking inter-state trading of power in the country -Tata Power Company Ltd has on April 5, 2004 signed a Development Agreement with GAIL India Ltd & BP to jointly participate in evaluating the Dabhol gas and power opportunity. -Tata Power Co. Ltd. has nominated Mr. Sanjay Bhatia as the State Government Director on the Board of the Company in place of Mr. Jayant S Kawale -The Union Government on May 20, 2004, cleared Tata Power Company's trading licence -Tata Power Company MOU with National Power Company of Al-Zamil Group, Kingdom of Saudi Arabia -Tata Power Trading Company Ltd (TPTCL), a wholly owned subsidiary of the Tata Power Company (TPC), has been awarded the first ever power trading licence by the Central Electricity Regulatory Commission (CERC) 2005 -Tata Power signs generation pact with DVC on Maithon Project -Tata Power enters into an agreement for sale of shares in Tata Power Broadband 2006 -Tata Power joins hands with Siemens -Tata Power Company Ltd has informed that, the State Government has nominated Mr Jayant S Kawale as the State Government Director on the Board of the Company in place of Mr Sanjay S Bhatia. At its meeting held on November 27, 2006, the Board of Directors of the Company appointed Mr Kawale as the Nominee Director with immediate effect. 2007 -Tata Power Company Ltd on January 24, 2007 has announced that the Company has signed a MoU with the Government of Chhattisgarh for the setting up of a 1000 MW coal fired mega power plant in the State. - Tata Power Company Ltd has appointed Mr. Anil K Sardana as Executive Director of the Company with effect from March 01, 2007. -Tata Power Company Ltd has informed that the State Government has nominated Mr. Rahul Asthana as the State Government Director on the Board of the Company in place of Mr. Jayant S Kawale. Mr. Asthana has been appointed as the State Government Director effective March 30, 2007. -Tata Power Company Ltd on has announced the acquisition of the Coastal Gujarat Power Ltd, a Special Purpose Vehicle (SPV) formed for Mundra Ultra Mega Power Project (UMPP). A formal execution of the documents took place between Power Finance Corporation (PFC) and Tata Power, under the auspices of Ministry of Power, Delhi. - Tata Power has roped in Korea-based Doosan Heavy Industries and Construction Ltd for supercritical boilers for its Mundra ultra mega power project. -Tata Power Company Ltd has appointed Mr. Anil Kumar Sardana as an Additional Director of the Company effective August 09, 2007. 2008 -Tata Power Company Ltd has appointed Dr. R H Patil and Mr. P G Mankad as Additional Directors of the Company with effect from July 03, 2008. 2009 - Tata Power Company Ltd has informed regarding a Press Release dated January 12, 2009 titled Tata Power signs an MOU with Government of Gujarat to explore setting up of 5 MW each of Geothermal and solar power plants. - Tata Power Company Ltd has appointed Mr. A K Basu as an Additional Director of the Company effective March 26, 2009. 2010 - Tata Power Company Ltd has said that consortium between the company and Arrow Energy has been awarded the Satpura Coal Based Methane (CBM) block in the state of Madhya Pradesh. - Tata Power - CRISIL assigns 'AA/Positive' rating to Tata Power's Rs. 6 billion non-convertible debenture programme - Tata Power's First Clean Development Mechanism registered project - 50.4 MW Khandke wind farm - Tata Power signed MoU with Korea East West Power to explore and execute Operations. 2011 - Tata Power was bestowed the prestigious "Vasundhara Award" in the industry category, given out to recognize exemplary work carried out by Industries, Urban Local Bodies, Schools and Environmental Non Governmental Organizations (NGOs) towards protection of environment in the State of Maharashtra by Maharashtra Pollution Control Board (MPCB). - Tata Power has won theBest Environmental Performance Power Plant of the Year - Gold & Environmental Company of the Year - Bronze awards at the Asian Power Awards 2011 held in Malaysia - It was announced by the Tata Power Company today that the retail consumer base which it has in Mumbai has gone over 1 lakh since the past one year. - Tata Power JV won bid for 236 MW hydropower project - Taking a step ahead in fulfilling its corporate social responsibility, Tata Power has launched its education initiative, Village Education Excellence Program, across villages surrounding Tiruldih, Jharkhand extending Maths, Science and English classes for around 450 students. -Company has splits its Face value of Shares from Rs 10 to Re 1 2012 - Tata Power signs a long term coal supply agreement with PT Antang Gunung Meratus, Indonesia - Tata Power today acquired a 26 per cent stake in another Indonesian coal miner PT Baramulti Suksessarana Tbk (BSSR) through its 100 per cent subsidiary Khopoli Investments Limited ("Khopoli") with an objective to bolster supplies amid a severe domestic fuel shortage. - Tata Power has entered into a 50:50 Joint Venture with South Africa-based Exxaro Resource Limited (Exxaro) - Tata Power said that the Jharkhand State Electricity Board has awarded the company with a letter of intent for the electricity distribution franchise of Jamshedpur circle. - Tata Power Company Ltd - Ratan N. Tata steps down as Chairman, Tata Power; Cyrus P. Mistry appointed as Chairman. 2013 -Tata Power Co.has signed an agreement with Clean Energy Invest AS (Clean Energy) and IFC InfraVentures (IFC) for developing hydro projects in Georgia for sale of power, primarily to Turkey. --Tata Power Co.has announced the signing of a Memorandum of Understanding (MoU) with the Ministry of Industry and Trade; Government of Vietnam for developing the Long Phu 2 Power Project in Soc Trang Province of Vietnam. -Tata Power signs Share Purchase Agreement (SPA) for acquisition of of 39.2 MW wind farm in Gujarat. -Tata Power wins 1,200 MW project in Vietnam. 2014 -Tata Power wins "Honble Minister Mr. Arun Jaitley bestows coveted National Award for Excellence in Corporate Governance 2013". -"Tata Power signs Share Purchase Agreement for acquisition of 540 MW coal based thermal power project in Maharashtra". -"Tata Power successfully commissions its 2nd 25 MW solar farm in Palaswadi, Maharashtra". -Tata Power SED to produce defense navigation system for Honeywell. -Tata Power Company has announced Rights in the Ratio of 7:50 2015 -Tata Power enters into a binding understanding with NELCO to purchase NELCO's defence business -Tata Power signs MoU with Siberian Coal Energy Company to indentify and evaluate opportunities in energy sector -Tata Power SEP consortium down-selected for prestigious MAKE Project of Battlefield Management System for the Indian Army -Tata Power has commissioning of Unit 1 of 126 MW Dagachhu Hydro project in Bhutan -Tata Power Company Ltd has successfully commissioned the unit of its Dagachhu Hydro power project having a capacity of 63 MW in Bhutan -Tata Power enters into a Share Purchase Agreement in relation to the 120 MW Itezhi Tezhi hydropower project in Zambia -Tata Power has commissioned 1.25 MW rooftop projects at SASTRA University - Thanjavur and Kumbakonam campuses in Tamil Nadu -Tata Power Company has commissioned one of the largest radio frequency metering projects in India -Tata Power joins hand with BlackBerry arm for mobile communications system -Tata Power Company Ltd has entered into partnership with Cargill and Schneider Electric to install India's first natural ester filled transformers -Tata Power - Tata Power's Trombay Thermal Power bags an award at the Best Safety Practices Award Competition -Tata Power launches special AC Exchange programme in Mumbai to promote energy efficiency under its 'Be Green' initiative -Tata Power Company Ltd has launched an online module of the Club Enerji programme -Tata Power honoured with SAP ACE Award 2015 for Enterprise wise Technology adaption -Tata Power's Joint-Venture 120 MW Itezhi Tezhi Hydro Power Project in Zambia gets CDM approval from UNFCCC -Tata Power honoured at the National Energy Conservation Award, 2015 -Tata Power and Gamesa India enter into a contract for commissioning 100 MW turnkey wind project in Andhra Pradesh -Tata Power's Joint-Venture Maithon Power Limited (MPL) Commences flow of energy to Kerala on a Long Term Agreement basis -Tata Power - The Maithon Power ( MPL) - a Tata Power and Damodar Valley Corporation joint venture company has completed its tie-up of power through long-term PPA with the commencement of power flow to Kerala State Electricity Board -Tata Power signs MoU with the Ministry for Development of Russian Far East 2016 -Tata Power bags award for best performance in power sector -Tata Power Distribution Projects obtains Integrated Management System (IMS) Certification -Tata Power synchronizes unit 1 of its 202.5 MW IEL Kalinganagar-Orissa project -Tata Power innovates with Toshiba and Cargill, to design and develop India's first Pad mount Substation -Tata Power gets forest clearance for wind power project -Tata Power Inaugurates its third Tata Power Skill Development Institute (TPSDI) in Maithon, Jharkhand as a dedication to Nation -Tata Power commissions solar unit at Rajaram Maize factory -Tata Power launches spot billing facility for Mumbai consumers -Tata Power launches Mobile App for stakeholders, consumers -Tata Power unveils four training hubs in India -Tata Power acquires 30 MW wind farm in Maharashtra -Tata Power receives order to supply to Indian army 2017 - "Tata Power Renewable Energy Ltd. commissions two projects in Andhra Pradesh and Tamil Nadu". -"Tata Power's Maithon Power Plant awarded with Global Energy Management Award 2017". -"Tata Power Skill Development Institute inaugurates 'Skills on Wheels'". -"Tata Power Renewable Energy commissions 100 MW wind farm in Andhra Pradesh.". -Tata Power inks pact for electricity distribution in Ajmer -Tata Power turns around solar business to become India's largest integrated solar company -Tata Power launches Super-Efficient BLDC Ceiling Fan program for the consumers in Mumbai on World Environment Day. -Tata Power launches super-efficient ceiling fan program -"Tata Power awarded for excellence in cost management at the 14th National Awards for Excellence in Cost Management in 2016". -Tata Power becomes the first power utility to introduce QR code for bill payments in India. -"Tata Power launches Electric Vehicle charging infrastructure in Mumbai". -Tata Power skill development institute wins accolades at the Indo Global Skill Summit and Expo 2017. -"Tata Power awarded for establishing and early commissioning of the 100 MW solar plant ". -"Tata Power Solar Commissions India's First Rooftop Solar Carport". -Tata Power awarded for Domain Excellence in biodiversity conservation at CII-ITC Sustainability Awards 2017. - 'Tata Power wins Mining License Project in Kamchatka, Far East Russia'. -"Tata Power Wins Top Awards at risks related Leadership Summit". 2018 -Tata Power bags 'Par-Excellence' and 'Excellent' Award at the 32nd National Convention on Quality Circles (NCQC) 2018. -Tata Power empowers Haldia community members during the 10th Tata Volunteering Week in Haldia, West Bengal. -Tata Power Solar now launches an extensive residential rooftop solution in Bhubaneswar. -Tata Power bags "GOLD" & "Best Project From India" at the International Convention on Quality Control Circles (ICQCC) 2018 Award. -Tata Power inaugurates Ajmer's first 'All-women' Customer Relations Centre. -Tata Power inaugurates its second 'All-women' Customer Relations Centre in Borivali, Mumbai 2019 -Tata Power inaugurates 4th `All-Women' Customer Relations Centre in ghatkopar, mumbai. -Tata Power's journey towards United Nations Sustainable Development Goals; making a sustainable difference for over 100 years. -Tata Power gets Letter of Intent for the acquisition of CESU Power Distribution in Odisha. -Tata Power launches Maharashtra's 1st All Women Dairy Enterprise in Maval. -Tata Power ranks among top 10 companies with the highest Corporate Governance score. -Tata Power and Local Colleges join hands to leverage Government Scholarship Schemes in Mumbai, Maharashtra. 2020 -Tata Power recognised as one of the country's Most Sustainable Companies by Sustain Labs Paris (SLP). -Tata Power bags SAP ACE Award 2020 for Adoption of Transformative Technologies. -CRISIL upgrades Tata Power Long Term rating to `CRISIL AA/Stable'. -TP Renewable Microgrid Ltd. partners with Airtel Payments Bank to enhance customer convenience. -Tata Power signs a PPA with Apollo Gleneagles Hospital, Kolkata to commission Indian health sector's biggest carport. -TPSDI wins Gold at the 2020 Brandon Hall Group HCM Excellence Awards 2021 -TP Northern Odisha Distribution Ltd trains over 500 Women Self-Help Groups in Keonjhar and Mayurbhanj districts. -Tata Power receives 'Letter of Award' from MSEDCL for setting up of 300 MW Hybrid (Wind & Solar) Project. -Tata Power and IIT Madras to collaborate on R&D, Consultancy, Advocacy, Training and Technology Solutions. -India's largest Solar and Battery Storage Project awarded to Tata Power Solar of INR 945 crore. -Tata Power Collaborates with Tata Steel to set up 41MW grid connected solar projects in Jharkhand and Odisha. -Tata Power achieves milestone of more than 1000 EV charging stations across the country 2022 -Tata Power Renewable Energy Limited receives `Letter of Award' to set up 255MW Hybrid Project for Tata Power Delhi Distribution Limited. -Tata Power Solar Systems Ltd. and Union Bank of India join hands to facilitate Solar Rooftop adoption in MSME Sector. -Tata Power collaborates with The Indian Army to set up EV charging points in Delhi Cantonment. -Tata Power Solar Systems Ltd. launches cost-efficient solar off-grid solutions. -Tata Power launches 'Sustainable Is Attainable' - An Initiative to fast-track India's Green Energy transition with News18 Network. 2023 -Tata Power and Indian Oil Corporation Limited Collaborate to Deploy 500 Fast and Ultra-fast EV Charging Points across India -Tata Power acquires Bikaner - Neemrana Transmission Project to boost Renewable Energy evacuation in India. -Tata Power signs MoU with the Government of Maharashtra for Development of 2800 MW of Pumped Hydro Storage Projects. -Tata Power Renewable Energy Limited signs Power Purchase Agreements (PPAs) with MSEDCL for 200 MW and 150 MW Solar Projects. -TP Saurya Limited inks PPA with Tata Power Trading Company Limited to set up 200 MW solar project in Rajasthan. -Tata Power Renewable Energy Limited signs PPA for 510 MW Hybrid project with Tata Power Delhi Distribution Ltd. 2024 -"Tata Power Signs MoU with Asian Development Bank for US$4.25 Billion to Finance Key Clean Energy Power Projects". -Tata Power acquired Paradeep Transmission for Rs 18.64 cr. -Tata Power bags project SPV ERES-XXXIX from REC Power Development. -"Tata Power Renewable Energy Limited Secured 400 MW Hybrid Project from MSEDCL". - Tata Power, DGPC partner to set up 600 MW hydro project in Bhutan.

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Parent Organisation

Tata Power Company Ltd.

Founded

18/09/1919

Managing Director

Mr.Praveer Sinha

NSE Symbol

TATAPOWEREQ

FAQ

The current price of Tata Power Company Ltd is ₹ 350.75.

The 52-week high for Tata Power Company Ltd is ₹ 360.80 and the 52-week low is ₹ 350.00.

The market capitalization of Tata Power Company Ltd is currently ₹ 112076.53. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Tata Power Company Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Tata Power Company Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Tata Power Company Ltd shares.

The CEO of Tata Power Company Ltd is Mr.Praveer Sinha, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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