Tata Power

Tata Power Plans to Add 2.5 GW of Solar Power In FY24

Tata Power, an electricity generation company, has planned to add 2.5 Gigawatt (GW) of solar energy in FY24, the company’s top management said in its latest investors call. The company recently submitted the call details to the Bombay Stock Exchange (BSE) in its self-disclosure. The decision comes after an unexpected consumption increase of only 1.5% […]

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Tata Power Reports 29% Growth In PAT In Q1 YoY

Tata Power today announced its financial results for Q1 of FY24. The Indian power company reported a 29 percent growth in its consolidated Profit After Tax (PAT). Its net profit stood at Rs 884 crore during Q1 of FY 23, which notched up to Rs 1,141 crore during the Q1 of FY24, registering a 29 […]

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Tata Power Signs MoU With Maharashtra For 2800 MW of PSP

Tata Power has signed a Memorandum of Understanding (MoU) with the Maharashtra government to develop Pumped Hydro Storage Projects (PSP) with a combined capacity of 2800 MW. The power firm said these projects will likely see an investment of around Rs 1300 crore.  The company shared the information in its latest filing before the Bombay Stock Exchange […]

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Tata Power Launches RFID Enabled ‘EZ CHARGE’ Card for EV Charging

EV charging solutions provider, Tata Power, has unveiled the EZ CHARGE card today, an advanced RFID (Radio-frequency identification) card for EV charging. The EZ CHARGE card was launched at the Bombay House by Dr. Praveer Sinha, CEO & MD, Tata Power, and Shailesh Chandra, MD of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility. […]

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Tata Power to Procure Short-Term Power at Rs 7.60/unit in Maharashtra 

The Maharashtra Electricity Regulatory Commission (MERC), in its latest order, allowed the Tata Power Company Limited-Distribution (TPC-D), a power distribution company, to procure short-term power in Maharashtra at a weighted average of Rs 7.60 per unit. The price was discovered through competitive bidding, which the discom floated for short-term power procurement from April 2023 to June […]

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Tata Power Q4 Results- Strong Growth In Key Operational Metrics For FY23

Tata Power has announced its annual and Q4 financial performance report for Fy23. In a media statement, the power company said that in the Financial Year (FY) 23, the company reported growth in its revenue, Profit After Tax (PAT), and Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA).  Tata Power said that its PAT rose […]

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Tata Power Establishes EV Charging Station at Dr Ambedkar International Centre, New Delhi

The Indian Government has been giving a considerable push to e-mobility across India. Several initiatives have been launched and announcements made in this direction. Key among them is the National Electric Mobility Mission Plan (NEMMP), that sets sights on establishing EV charging infrastructure with the employment of the recent technological platform and easy access to […]

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KMC Mulling 40 More EV Charging Stations in Kolkata

The Mayor-in-Council of the Kolkata Municipal Corporation (KMC) has passed a proposal according to which the KMC will tie up with Mumbai based Tata Power for the setting up of 40 EV charging stations in Kolkata. The proposal will now be placed before the KMC House in April only for consideration. KMC already has established […]

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