Tata power news

Here are some recent news updates about Tata Power:

Recent News

  1. Tata Power to acquire 51% stake in Odisha's Jharsuguda Power Company: Tata Power has signed an agreement to acquire a 51% stake in Jharsuguda Power Company, a 1,320 MW thermal power plant in Odisha. (Source: Business Standard, March 2023)
  2. Tata Power to set up 100 MW solar power project in Gujarat: Tata Power has received approval from the Gujarat government to set up a 100 MW solar power project in the state. The project is expected to be completed by 2024. (Source: The Economic Times, February 2023)
  3. Tata Power's consolidated net profit rises 14% to ₹1,444 crore: Tata Power's consolidated net profit for the quarter ended December 2022 rose 14% to ₹1,444 crore, driven by higher revenue from its renewable energy business. (Source: Business Standard, January 2023)
  4. Tata Power to invest ₹10,000 crore in renewable energy by 2025: Tata Power has announced plans to invest ₹10,000 crore in renewable energy by 2025, as part of its efforts to reduce its carbon footprint. (Source: The Hindu BusinessLine, December 2022)
  5. Tata Power's Mundra UMPP to be re-tendered: The government has decided to re-tender the Mundra Ultra Mega Power Project (UMPP), which is owned by Tata Power, due to issues with the project's commercial operation date. (Source: The Economic Times, November 2022)

Upcoming Projects

  1. Tata Power's 1,000 MW solar power project in Rajasthan: Tata Power is developing a 1,000 MW solar power project in Rajasthan, which is expected to be completed by 2025.
  2. Tata Power's 500 MW wind power project in Maharashtra: Tata Power is developing a 500 MW wind power project in Maharashtra, which is expected to be completed by 2024.
  3. Tata Power's 1,200 MW thermal power project in Odisha: Tata Power is developing a 1,200 MW thermal power project in Odisha, which is expected to be completed by 2026.

Recent Awards and Recognition

  1. Tata Power wins 'Best Power Company' award: Tata Power has won the 'Best Power Company' award at the 14th Annual Power Awards 2022, organized by the Power Ministry.
  2. Tata Power's renewable energy business wins 'Best Renewable Energy Company' award: Tata Power's renewable energy business has won the 'Best Renewable Energy Company' award at the 5th Annual Renewable Energy Awards 2022, organized by the Indian Renewable Energy Development Agency (IREDA).

Please note that the news and updates may be subject to change and may not be up-to-date.