Tata Power stock gains 3% as arm commissions floating solar …
1 day ago · The Tata Power stock soared after the company announced that its subsidiary, Tata Power Renewable Energy Limited (TPREL), has successfully commissioned the Omkareshwar Floating Solar Project. “With a capacity of 126 MW, this project stands as one of India’s largest floating solar installations, marking a significant milestone in the country ...
Tata Power buys 100% equity stake in ERES-XXXIX for Rs 18.56 …
7 hours ago · Tata Group's energy arm, Tata Power Ltd, announced on Friday the acquisition of ERES-XXXIX Power Transmission Ltd for Rs 18.56 crore. ERES-XXXIX is a Special Purpose Vehicle (SPV) company involved in power transmission, and Tata Power completed the acquisition for 100 per cent of its equity for consideration in cash on November 14, according to a regulatory filing. The Ministry of Power ...
Tata Power unit commissions 126 MW of floating solar in India
1 day ago · Tata Power Renewable Energy has completed a 126 MW floating PV array in Omkareshwar, India. The installation features 213,460 bifacial glass-to-glass modules.
RECPDCL hands over Odisha power transmission project SPV to Tata Power
9 hours ago · It is targeted for completion by December 2027. Advt. The handover ceremony saw RECPDCL CEO T.S.C. Bosh transferring the SPV to Tarun Katiyar, CEO of Tata Power Trading Company Ltd, in the presence of senior officials from RECPDCL, Tata Power, and Central Transmission Utility of India Ltd. Published On Nov 15, 2024 at 08:23 AM IST.
Final Tata Power Press Release -Q4FY24 and Annual Results
Final Tata Power Press Release -Q4FY24 and Annual Results. Tata Power reports highest ever PAT of ₹ 4,280 crore and Revenue of ₹ 61,542 crore for FY24. • Consolidated EBITDA for FY24 grows 26 % to an all-time high of ₹ 12,701 crore. • Q4FY24 PAT up 18% to ₹ 1,109 crore; clocks 18th consecutive quarter of PAT growth.
Tata Power News - The Economic Times
4 days ago · Shares of Tata Power will be in focus after the company reported a net profit of Rs 1533 crore in the September 2024 quarter, a 51% increase from the previous year. Despite a slight drop in revenue, the company's EBITDA rose due to increased solar manufacturing and improved efficiency.
Tata Power and Noida International Airport partner for Solar and Wind Power
Nov 7, 2024 · The agreement for the same has already been signed between Tata Power and NIA. With a total investment of ₹550 crore (~$66 million) in solar and wind power supply, as well as the development of essential dry utilities and smart energy infrastructure, this agreement signifies Tata Power’s 25-year commitment to supplying NIA with clean energy.
Tata Power News & Media: Latest Press Releases & Industry …
Nov 7, 2024 · Stay up to date on the latest Tata Power news, press releases & industry insights. Explore media updates on our sustainable energy solutions and innovations.
Tata Power to invest up to $9 billion to expand renewable energy ...
Sep 17, 2024 · India's Tata Power plans to invest up to $9 billion to more than quadruple its renewable energy capacity to more than 20 gigawatts (GW) over the next five to six years, CEO Praveer Sinha said...
Tata Power: Tata Power to invest Rs 60k cr till FY27, bulk of it in ...
Nov 28, 2023 · Tata Power plans to invest Rs 60,000 crore over the next three years, with nearly half allocated to the renewables sector. The company, avoiding new coal-based thermal power capacity, aims to invest Rs 15,000 crore in FY24, escalating to Rs 23,000 crore in FY27.
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