Tata Power Company (TATAPOWER) — Announcement

📢 Key Event
Tata Power Renewables commissions 100 MW solar project, taking utility capacity to 12.3 GW

💡 Investor Takeaway
This milestone strengthens Tata Power's renewable growth and supports its net-zero and 500 GW targets.

Tata Power Renewables announced the commissioning of a 100 MW solar project at Kayathar, Tamil Nadu, boosting its utility portfolio to 12.3 GW and surpassing the 7 GW operational capacity milestone. The project uses India's first FTC Single Axis Tracker technology with 261,660 bifacial modules and will generate 240.63 MUs annually, offsetting 1.5 lakh tonnes of CO₂. It supplies power to Tata Power Solar, Tata Electronics, and Tata Realty, advancing the group's decarbonisation goals and supporting India's 500 GW renewable target.

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About Tata Power Company Ltd (TATAPOWER)

Power · Power Generation & Distribution · Listed on BSE

Market Cap: ₹1,11,868.84 Cr P/E: 29.0 ROE: 13.3% ROCE: 11.1% Div Yield: 0.71%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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