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Scheduled for completion within 24 months, the project is expected to generate approximately 315 million units (MUs) of electricity annually, mitigating over 0.25 million tons of carbon dioxide emissions each year. A key feature of the project is the commitment to a 4-hour peak power supply window, ensuring at least 90% availability during peak demand hours.
With an estimated capital expenditure (CAPEX) of around Rs 1,200 crore, the project will also help Tata Power Mumbai Distribution meet its Renewable Purchase Obligation (RPO), as mandated by the State Regulatory Commission.
Once operational, the clean energy generated from the project will be integrated into Tata Power’s Mumbai distribution network, supplying reliable, low-emission electricity to over 8 lakh residential, commercial, and industrial customers.
The company stated that this collaboration reinforces TPREL’s position as a trusted leader in India’s renewable energy sector. With a steadfast commitment to sustainability and innovation, TPREL continues to advance India’s mission of building a greener and more resilient energy future.
With this addition, TPREL’s total renewable utility capacity now stands at 11.3 GW, which includes 9.4 GW under PPAs. Of this, 5.7 GW is under various stages of implementation, and 5.6 GW is operational—comprising 4.6 GW of solar and 1 GW of wind energy. The company’s solar EPC portfolio also exceeds 15.7 GWp of ground-mounted utility-scale projects and over 3 GW of rooftop and distributed systems. TPREL aims to provide energy access to millions of people across the country via its integrated green energy solutions.
Tata Power Company is primarily engaged in the generation, transmission, and distribution of electricity. It aims to produce electricity entirely through renewable sources. The company also manufactures solar rooftops and plans to build 1 lakh EV charging stations by 2025. Tata Power is India’s largest vertically integrated power company.
The company’s consolidated net profit advanced 6.2% to Rs 1,262.32 crore on a 4.3% increase in revenue from operations to Rs 18,035.07 crore in Q1 FY26 over Q1 FY25.
The scrip rose 0.58% to currently trade at Rs 391 on the BSE.
Tata Power Renewable Energy (TPREL) is one of India’s leading renewable energy companies and a subsidiary of The Tata Power Company.
Under this partnership, Bank of Baroda will extend financial assistance to borrowers purchasing solar equipment and projects of up to 10 MW capacity through TPREL or its authorized channel partners.
As of August 2025, TPREL has successfully completed over 2.49 lakh rooftop solar installations, achieving a cumulative capacity exceeding 3.6 GWp. In the C&I segment, TPREL has catered to a diverse set of customers across various sectors viz - hospitality, automotive, aviation, education, HVAC, chemical, steel, electronics, and textiles, among others.
The scrip rose 0.85% to currently trade at Rs 387.10 on the BSE.
Tata Power EV Charging Solutions (TPEVCSL), a subsidiary of Tata Power Renewable Energy (a subsidiary of The Tata Power Company), and VE Commercial Vehicles (VECV) today announced a landmark collaboration to accelerate the adoption of electric commercial vehicles in India, with a focus on the recently launched Eicher Pro X range of Small Commercial Vehicle.
Under this MoU, both companies will collaborate on multiple fronts to support truck and bus operators looking to introduce electric vehicles in their operations. While The Tata Power Company Limited (Tata Power) will leverage its extensive EV charging infrastructure and expertise in providing customized charging solutions, VECV will contribute its domain expertise in energy efficiency to optimize energy usage in electric trucks, ensuring that the vehicles meet the specific needs of end-users and their applications. Together, they will actively engage with Eicher Trucks and Buses customers to promote the transition to electric mobility, enabling a cleaner, more sustainable future for India's transport sector.
The partnership will focus on developing and implementing innovative solutions to address specific challenges such as range anxiety, charging infrastructure availability, and related cost. Additionally, the collaboration will actively facilitate deployment of other models in Eicher's broad electric vehicle portfolio.
With a focus on addressing critical factors that influence the adoption of electric trucks and buses, this partnership represents a transformative step towards modernizing India's commercial mobility landscape. By combining innovative technologies, extensive infrastructure, and a commitment to sustainability, TPEVCSL and VECV aim to reshape the future of transportation, paving the way for a greener, more efficient commercial vehicle ecosystem.
Tata Power Renewable Energy (TPREL), a subsidiary of The Tata Power Company (Tata Power), has signed a Memorandum of Understanding (MoU) with Bank of Baroda, one of India's premier public sector banks, to facilitate financing solutions for MSME and Commercial & Industrial (C&I) customers opting for solar energy.
Under this partnership, Bank of Baroda will extend financial assistance to borrowers purchasing solar equipment and projects of up to 10 MW capacity through TPREL or its authorized channel partners. This initiative is designed to help MSME and C&I businesses adopt renewable energy with greater ease, reduce operating costs, and contribute to India's sustainability goals.
The financing scheme offers several key benefits, which include an attractive rate of interest starting from 7.75%, collateral-free loans of up to Rs 10 crore CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) coverage, flexible repayment tenure of up to 120 months, pan-India financing coverage, reduced margin requirements (starting from 20%), and concessional processing fees.
As of August 2025, TPREL has successfully completed over 2.49 lakh rooftop solar installations, achieving a cumulative capacity exceeding 3.6 GWp. In the C&I segment, TPREL has catered to a diverse set of customers across various sectors viz - Hospitality, Automotive, Aviation, Education, HVAC, Chemical, Steel, Electronics, and Textiles, among others