Tata Power RE Ltd (TPREL) Gets Second Slice of INR 2,000 Cr Infusion from GreenForest Updated On Thu, Mar 2nd, 2023 by Saurenergy Tata Power Renewable Energy Limited ((TPREL) is set to lead in the renewable business as it has received the second and final round of investment of INR 2,000 crore from GreenForest New Energies Bidco Limited (GreenForest). Tata Power has successfully allotted 20 crores compulsorily convertible preference shares (CCPS) at face value of ₹100 each at […] Read more
Tata Power Q3 Results, TN Cell and Module Plant To Start By End Of 2023 Updated On Sun, Feb 5th, 2023 by Saurenergy Tata Power announced its Q3 Fy23 results on Friday, reporting consolidated net profits almost double of the numbers in the corresponding quarter of previous year. At Rs 1,052.14 crore in the quarter ended December 2022, the profit growth was aided by higher power generation and distribution sales, as well as improved realisation per unit. Strong Growth […] Read more
Rajasthan Opens PM-KUSUM Online Land Registration Portal Updated On Tue, Nov 29th, 2022 by Saurenergy Under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM), Rajasthan has created the Saur Krishi Ajivika Yojna (SKAY) to encourage the development of decentralised solar projects at load centers with primarily agricultural usage in rural areas. By enabling farmers and landowners to lease out their unused or unproductive land on […] Read more
Tata Power Signals Strong EPC Recovery In Renewables At Q2 Analyst Meet Updated On Wed, Nov 2nd, 2022 by Saurenergy For Tata Power Limited, the FY 23 Q2 results have been a time to cheer, with record revenues and profits for the quarter. Total revenues at Rs 14, 163 crores were almost 50% higher than revenues in the corresponding quarter last year. Net profits came in even higher, up 85% at Rs 884 crores, versus […] Read more
Tata Power to Expand Rajasthan RE Portfolio to 10-GW in Five Years Updated On Wed, Oct 12th, 2022 by Saurenergy Energy conglomerate Tata Power has revealed in an industry event that the company is looking to expand its renewable energy based portfolio in the resource abundant state of Rajasthan. The company has said during the Invest Rajasthan summit that it wants to develop about 10GW of renewable energy in the state in the coming five […] Read more
Innovations Spotted at REI 2022 Updated On Tue, Oct 11th, 2022 by Saurenergy The Renewable Energy India Expo 2022 was used as a fruitful platform by the exhibitors to showcase their innovative products and services while also talking about other interesting innovations in the pipeline. Saur Energy International provides you an insight into some such products designed to make customers’ life easier and cater to their solar needs… […] Read more
We Pride Ourselves in Holding a 50% Market Share in Residential Retail and KUSUM Markets Updated On Fri, Oct 7th, 2022 by Saurenergy Please provide an insight into your solar journey to our readers. In 2017, Adani Solar became the first company in the world to start a Greenfield Project of GW scale at Mundra with its platinum-rated manufacturing facility of 1.2 GW of solar PV cells and modules. This setup was enhanced to 1.5 GW in 2019. […] Read more
Tata Power’s Analyst Call Q1 FY23: Large-Scale Renewable Projects, Orders In Offing Updated On Wed, Aug 3rd, 2022 by Saurenergy Close on the heels of its announcement of Q1 FY 23 results, an analyst call of Tata Power has further shed light on the Q1 FY23 earnings of the power company. The participants of the call included Dr. Praveer Sinha, CEO and MD of TATA Power; Sanjeev Churiwala, CFO; Jinendra Patil, Financial Controller; Soundararajan Kasturi, […] Read more
With 90% Growth In PAT In Q1 FY23, Tata Power Rides 48% Jump In Revenues Updated On Tue, Jul 26th, 2022 by Saurenergy One of India’s largest integrated power companies, Tata Power has today announced its results for Q1FY23 reporting a 90% YoY increase in consolidated quarterly PAT as compared to Q1FY22, registering its 11th consecutive year-on-year quarterly growth in PAT. Quarterly Highlights – Q1FY23 Tata Power’s consolidated PAT before Exceptional Items is up by 90% at ₹884 crore […] Read more
