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Tata Power Renewable Energy (TPREL), a subsidiary of The Tata Power Company, has commissioned its 300 MW solar project for Solar Energy Corporation of India (SECI) in Koppal, Karnataka, marking another significant milestone in its journey of developing and executing large-scale renewable energy projects across India.
TP Saurya, a wholly owned subsidiary of TPREL, is the developing company of this project.
Upon commissioning, the project is expected to generate 810 MUs of renewable energy annually and help mitigate an estimated 103,820 tonnes of carbon emissions each year, reinforcing the transition towards a cleaner energy future.
The project will supply renewable power to the SECI. A key technology feature of the project is the deployment of Solar Trackers, enabling the solar modules to track the movement of the sun and optimise energy generation. The project deploys TP580HG10NB bifacial modules. The combination of advanced tracking technology and high-efficiency bifacial modules supports efficient utilisation of the project site and enhances renewable power generation.
With the addition of this project, TPREL's total renewable utility capacity has reached 12 GW. Out of this around 7.2 GW is operational, including 5.8 GW of solar and 1.3 GW of wind capacity, while close to 4.9 GW is under various stages of implementation.
Tata Power Company Ltd gained for a fifth straight session today. The stock is quoting at Rs 357.45, up 0.25% on the day as on 12:39 IST on the NSE. The benchmark NIFTY is up around 0.01% on the day, quoting at 23813.75. The Sensex is at 76963.8, up 0.06%. Tata Power Company Ltd has gained around 1.69% in last one month.
Meanwhile, Nifty Energy index of which Tata Power Company Ltd is a constituent, has gained around 0.48% in last one month and is currently quoting at 36290.7, up 1.33% on the day. The volume in the stock stood at 42.45 lakh shares today, compared to the daily average of 43.01 lakh shares in last one month.
The benchmark November futures contract for the stock is quoting at Rs 359.5, up 0.91% on the day. Tata Power Company Ltd is down 8.76% in last one year as compared to a 6.65% slide in NIFTY and a 2.6% slide in the Nifty Energy index.
The PE of the stock is 128.88 based on TTM earnings ending June 26.
Tata Power Company Ltd gained for a third straight session today. The stock is quoting at Rs 355.25, up 2.96% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.06% on the day, quoting at 23297. The Sensex is at 75277.24, up 1.1%. Tata Power Company Ltd has risen around 1.07% in last one month.
Meanwhile, Nifty Energy index of which Tata Power Company Ltd is a constituent, has risen around 1.48% in last one month and is currently quoting at 34957.9, up 3.13% on the day. The volume in the stock stood at 26.23 lakh shares today, compared to the daily average of 42.85 lakh shares in last one month.
The benchmark November futures contract for the stock is quoting at Rs 357.5, up 3.35% on the day. Tata Power Company Ltd is down 13.06% in last one year as compared to a 9.57% drop in NIFTY and a 1.07% drop in the Nifty Energy index.
The PE of the stock is 125.04 based on TTM earnings ending June 26.
Tata Power has signed a Memorandum of Understanding (MoU) with Bharat Petroleum Corporation (BPCL) for the development of 110 kV power infrastructure to meet the 90 MW power requirement of BPCL's Petro Resid Fluidized Catalytic Cracking Unit (PRFCCU) project at its Mumbai Refinery.
The PRFCCU project is a landmark initiative in India's refining sector - the first project of its kind being executed in India, and a strategic milestone in BPCL's journey towards higher-value product recovery and petrochemical diversification. With a processing capacity of 3 million metric tonnes per annum (MMTPA) and a project outlay of approximately Rs 14,203 crore, it is BPCL's second-largest project currently under execution and the largest ever undertaken at Mumbai Refinery. By enhancing domestic value addition, PRFCCU will contribute to India's energy security and the national vision of Aatmanirbhar Bharat.
Under the MoU, Tata Power will provide 110 kV connectivity and undertake the design and development of the associated power infrastructure required to meet the project's power requirement. The infrastructure development entails a significant investment in strengthening power connectivity and transmission infrastructure. This infrastructure development is envisaged to be completed over approximately 24 months with a combined estimated outlay of approx. Rs 250 crore for Tata Power and BPCL, subject to applicable approvals and project milestones.
Tata Power is emerging as a preferred partner for India's fast-growing data centre ecosystem, with a diversified opportunity pipeline of over 2.8 GW spanning renewable energy, transmission and distribution opportunities.
As demand from AI, cloud and digital platforms accelerate, the Company is expanding its role beyond power supply to provide a comprehensive suite of solutions, including powered land, transmission and grid connectivity, renewable energy, storage, cooling and utility infrastructure, enabling the development of hyperscalers and advanced data centre facilities.
Tata Power has built a strong and diversified data centre opportunity pipeline, comprising approximately 430 MW of upcoming load under its distribution network, 1,236 MW of transmission linked opportunities, and 1,150 MW of green energy capacity under active engagement.
With 29 active workstreams across 18 leading global and domestic Data Centre Operators, Tata Power is playing a key role in powering some of India's largest hyperscalers and AI-ready digital infrastructure projects.
Tata Power Company and Imperial College London, a world-leading UK university, have signed a Memorandum of Understanding (MoU) to explore opportunities for collaboration in research, technology and knowledge exchange across critical areas of energy transition.
The collaboration will focus on areas including grid flexibility, energy storage, AI and ML applications in energy, and advanced energy systems. The partnership will seek to connect Tata Power's experience of developing and operating energy infrastructure at scale with Imperial's research expertise across digital technologies and decarbonisation.
Tata Power has partnered with Norway-based renewable energy technology company Ocean Sun to bring its innovative membrane-based floating solar technology to India. The collaboration agreement was signed on the sidelines of the 2nd India–EFTA Prosperity Summit, reinforcing the growing India–Norway and India EFTA partnership in technology, innovation and clean energy.
The collaboration will see Tata Power and Ocean Sun undertake a ~300 kWp floating solar pilot at Tata Power's Mulshi reservoir in Maharashtra. The pilot will evaluate Ocean Sun's proprietary membrane based floating solar technology for performance, reliability, cost competitiveness and scalability under Indian conditions, while generating practical operating insights for potential future deployment.
The ~300 kWp pilot will enable Tata Power to evaluate Ocean Sun's technology against conventional floating solar solutions across key parameters, including energy generation, capacity utilisation factor (CUF), installation methodology and time, reliability, operations and maintenance (O&M) requirements, capital cost and overall commercial viability.
Unlike conventional floating solar systems that typically use interconnected pontoon structures, Ocean Sun's technology deploys solar PV modules on a thin, hydro-elastic membrane that floats directly on the water surface. The lightweight design has the potential to simplify transportation and installation while reducing structural requirements. The close proximity of the PV modules to the water surface may also provide a cooling effect, which could contribute to improved generation performance.
Tata Power Company has successfully commissioned the second element of its Jalpura-Khurja Transmission Project in Uttar Pradesh, further strengthening the state's power transmission infrastructure and enhancing connectivity to the growing electricity demand centres across NCR and Western Uttar Pradesh.
Executed through TP Jalpura Khurja Power Transmission, a wholly owned subsidiary of Tata Power, the second element comprises a 400 kV double-circuit transmission line from Khurja to Jalpura spanning 162 circuit kilometres (CKM) and a 400/220 kV GIS substation at Jalpura with 1,000 MVA transformation capacity.
The 162 CKM transmission corridor comprises two circuits of approximately 81 km each and establishes a critical high-voltage link between Khurja and Jalpura. Khurja is an important power node in Western Uttar Pradesh, playing a strategic role in enabling efficient transmission of power towards NCR and Noida.
The newly commissioned 400/220 kV GIS substation at Jalpura, with 1,000 MVA transformation capacity, will serve as a major power gateway, enabling the transfer of power from the 400 kV high-voltage grid to the 220 kV network. This will support the region's increasing power requirements while enhancing the reliability, resilience and efficiency of the transmission network.
Tata Power's transmission portfolio now stands at 7900 circuit kilometres of lines operational and under execution across India, further reinforcing the company's role in strengthening the nation's electricity transmission network.
Tata Power Renewable Energy (TPREL), a subsidiary of Tata Power Company, has successfully commissioned its 100 MW Group Captive Solar Project (TNGC-2) at Vellalankottai and Nalandhula villages in Kayathar, Tamil Nadu.
With this commissioning, TPREL utility portfolio now grows to 12.3 GW and has surpassed the landmark 7 GW operational capacity milestone, reinforcing its position as a leading force in India's clean energy transition.
The project will supply clean power to TP Solar (40.625 MW), Tata Power's solar manufacturing arm producing high-efficiency solar cells and modules, Tata Electronics (53.125 MW), a leading electronics manufacturing company focused on semiconductors, precision engineering and advanced electronics and Tata Realty And Infrastructure (6.25 MW), Tata Group's real estate and infrastructure development company, reinforcing Tata Group Companies' commitment to sustainable operations and accelerating India's clean energy transition.
The project is designed to generate 240.63 million units (MUs) of clean electricity annually and is expected to offset approximately 1.5 lakh tonnes of CO©ü emissions per annum.
One of the key highlights of the project is the first-of-its-kind deployment of the Flexible Terrain Compatible (FTC) Single Axis Tracker technology in India for a Tata project. Equipped with 2,61,660 Mono PERC bifacial solar modules, the project is engineered to maximise energy generation while improving operational efficiency across varying terrain conditions.
The project highlights TPREL's expertise in executing large-scale solar projects through engineering excellence, best-in-class construction practices and a steadfast focus on quality. The power generated will be transmitted through the Kayathar 400 kV Grid Substation (GSS), ensuring reliable evacuation and efficient delivery of renewable energy to the beneficiary companies.
The Company¡¯s 7 GW operational capacity comprise more than 5.7 GW of solar and 1.3 GW of wind energy assets. Further strengthening its growth trajectory, TPREL has an additional 5.3 GW under various stages of development, including 2.2 GW of solar and 3.1 GW of wind projects, which are slated for phased commissioning over the next 6 to 24 months.