500400
Tata Power Company Ltd
BSEFiling History
Recent corporate announcements and filings for 500400
Business Update
Positive
2026-08-27 14:38
- Project Commissioning: Tata Power Renewable Energy Limited (TPREL) commissioned a 72.5 MW Captive Solar Project for Tata Steel Limited.
- Project Location: Kalasar, Bikaner, Rajasthan.
- Annual Generation: Expected to generate 166 MUs of green energy annually.
- Environmental Impact: To offset around 1,18,856 tonnes of carbon emissions per annum, supporting Tata Steel's decarbonization goals.
Business Update
Negative
2026-08-26 18:56
CRITICAL RED FLAG DETECTED
- Tata Power's challenge to arbitral awards from Kleros Capital Partners Limited was dismissed by the Singapore International Commercial Court on August 26, 2026.
- The company plans to appeal this decision to the Singapore Court of Appeal within 28 days.
Business Update
Neutral
2026-08-25 12:59
- Investor Meet Schedule
- Meet Date: September 1, 2026
- Event: Ashwamedh – Elara India Dialogue 2026 in Mumbai
- Meeting Type: 1:1 physical/group meetings with individual/institutional investors
Business Update
Positive
2026-08-24 12:09
- Tata Power Renewable Energy Limited (TPREL) commissioned its 190.5 MW Solar FDRE project in Kalasar, Bikaner, Rajasthan. This project is part of a larger 460 MW FDRE project and includes a 115 MWHr Battery Energy Storage System (BESS). With this, TPREL's total renewable utility capacity reached 12.4 GW.
Business Update
Neutral
2026-08-05 18:30
- The Tata Power Company Limited has intimated the schedule for upcoming analyst/institutional investor meets.
- Nuvama India Conference 2026: Tuesday, August 11, 2026 (Singapore)
- Avendus Spark INDX-Asia Edition 2026: Wednesday, August 12, 2026 (Hong Kong)
- Group Meeting with Institutional Investors: Wednesday, August 12, 2026 (Mumbai)
- Citi's 2026 India Conference: Thursday, August 13, 2026 (Hong Kong)
- Motilal Oswal 22nd Annual Global Investor Conference, 2026: Monday, August 17, 2026 (Mumbai)
- Goldman Sachs India Energy Security & Grid Resilience Corporate Day: Tuesday, August 18, 2026 (Mumbai)
- No unpublished price-sensitive information will be conveyed during these engagements.
Business Update
Positive
2026-08-01 22:27
- The Tata Power Company Limited successfully challenged the Maharashtra Electricity Regulatory Commission (MERC) Multi-Year Tariff (MYT) Order at the Appellate Tribunal for Electricity (APTEL).
- APTEL ruled that MERC incorrectly disallowed Property Tax and Income Tax for FY 2007-08 to FY 2013-14.
- The matters have been remanded to MERC to pass orders expeditiously.
- The potential quantum of claims is approximately ₹268 crore, pending MERC's final order.
Business Update
Positive
2026-07-31 20:16
- Reported Q1 FY27 PAT of ₹1,401 Cr (▲11%) and EBITDA of ₹4,249 Cr (▲8%), marking the 27th consecutive quarter of increase.
- Plans to add 2.5 GW to 2.7 GW renewable capacity this year, aiming to cross 9 GW by FY end.
- Rooftop business is expected to grow by 60-70% this year, targeting cumulative revenue of ₹30,000 Cr by 2029 and increasing market share to 25%.
- Capex of ₹25,000 Cr is planned for FY27 (50% in renewables), with Q2 capex expected above ₹6,000 Cr.
- Mumbai transmission will see ₹10,000 Cr investment in the next 5 years.
- Progressing on large hydro and pumped hydro projects, with commissioning expected by 2029-2030.
- Mundra plant's supplementary PPA with Gujarat concluded, aiming for approvals by September for continuous operation until 2038.
- Discontinued third-party solar EPC work to focus on in-house projects, which contributed to some losses in Q1 for this segment.
Business Update
Positive
2026-07-30 17:47
- Project Update: Tata Power Renewables breaks ground on an 800 MW Renewable Energy (RE) Project in Andhra Pradesh.
- Investment Value: ₹5,750 crore.
- Capacity Details: The project comprises 400 MW of solar power and 400 MW of wind power capacity.
- Key Components: Includes a 200 MW Firm and Dispatchable Renewable Energy (FDRE) project with a Battery Energy Storage System (BESS).
- Employment: Expected to generate ~4,000 local jobs.
Business Update
Positive
2026-07-30 17:26
- The Tata Power Company Limited acquired 100% equity stake in Ryapte Power Transmission Limited (RPTL), a special purpose vehicle (SPV).
- RPTL is established on a Build-Own-Operate-Transfer basis to provide transmission service.
- Acquisition Cost: ₹10.87 crore.
- Project Scope: Establish approx. 250 km transmission line route including 400 kV and 220 kV lines, and substations in Karnataka.
- Scheduled Date of Commercial Operation: 30 months from the date of SPV acquisition.
Business Update
Neutral
2026-07-28 18:15
- Board approved financial results for the quarter ended June 30, 2026, on July 27, 2026.
- Analyst Call to discuss these results was held on July 28, 2026.
- The audio recording of the analyst call is available on the company's website.
Financials
Positive
2026-07-27 17:29
- Consolidated Revenue ₹18,898 Cr vs ₹17,464 Cr (▲8% YoY)
- EBITDA ₹4,249 Cr vs ₹3,930 Cr (▲8% YoY)
- PAT ₹1,401 Cr vs ₹1,262 Cr (▲11% YoY)
- EBITDA Margin 22.48% vs 22.50% (▼2bps)
Business Update
Positive
2026-07-27 17:25
- The Board of Directors approved the issuance of Non-Convertible Debentures (NCDs) up to ₹4,500 crore on a private placement basis.
- The funds raised will be utilized for refinancing existing loans.
- The approval was given in a board meeting held on July 27, 2026.
Financials
Negative
2026-07-27 16:55
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹19,051.26 Cr vs ₹18,035.07 Cr (▲5.64% YoY)
- EBITDA ₹4,101.69 Cr vs ₹3,697.88 Cr (▲10.92% YoY)
- PAT ₹1,400.86 Cr vs ₹1,262.32 Cr (▲10.98% YoY)
- EBITDA Margin 21.53% vs 20.50% (▲103bps)
- The Board approved the Audited Standalone and Unaudited Consolidated Financial Results for the quarter ended June 30, 2026.
- The company faces an unfavorable arbitration award of USD 490.32 million (approx ₹4,000 Cr) plus interest, for which it has filed an appeal and has not made any provision.
Financials
Positive
2026-07-27 16:52
- Consolidated Revenue ₹19,051.26Cr vs ₹18,035.07Cr (▲5.63% YoY)
- EBITDA ₹4,101.59Cr vs ₹3,697.88Cr (▲10.92% YoY)
- PAT ₹1,400.86Cr vs ₹1,262.32Cr (▲10.98% YoY)
- EBITDA Margin 21.53% vs 20.50% (▲103bps)
Governance
Neutral
2026-07-22 11:03
- Board meeting scheduled for July 27, 2026, to consider issuance of NCDs/Bonds/other Debt Securities via private placement.
Business Update
Neutral
2026-07-21 16:52
- Concall Schedule
- Concall Date: July 28, 2026
- Concall Time: 11:00 a.m. (IST)
- Purpose: To discuss Q1FY27 results.
Business Update
Positive
2026-07-18 17:21
- Order Win: The Tata Power Company Limited received a Letter of Award from Solar Energy Corporation of India Limited (SECI).
- Order Details: For providing energy storage services from a 324 MW / 2,592 MWh Pumped Storage Plant (PSP).
- Contract Duration: 40 years.
- Annual Fixed Charge: Total Annual Fixed Charge for the 324 MW capacity is ₹351.3 crore.
- Completion Timeline: Supply of storage capacity within 36 months of the effective date of the PPA.
Governance
Neutral
2026-07-17 11:37
- Board Meeting to be held on July 27, 2026.
- To consider Audited Standalone and Unaudited Consolidated Financial Results for the quarter ended June 30, 2026.
- Trading window closed from June 24, 2026, and will reopen 48 hours after results declaration.
Routine
Neutral
2026-07-14 20:28
New Filing detected. See link for details.
Routine
Neutral
2026-07-07 18:47
New Filing detected. See link for details.
Routine
Neutral
2026-07-07 18:40
New Filing detected. See link for details.
Routine
Neutral
2026-07-07 18:35
New Filing detected. See link for details.
Business Update
Positive
2026-07-05 17:24
- The Tata Power Company Limited is issuing Unsecured, Senior, Redeemable, Rated, Listed, Taxable, Non-cumulative Non-Convertible Debentures (NCDs) aggregating to ₹1,500 crore on a private placement basis.
- The NCDs have a 5-year tenure from the deemed allotment date of July 14, 2026, and will be listed on the BSE Debt Segment.
- The existing credit rating for these NCDs is "AA+/Stable" by India Ratings and Research and CRISIL Ratings.
Business Update
Positive
2026-07-03 15:11
- Tata Power Renewable Energy Limited (TPREL) has commissioned its 100.8 MW Jewali Wind Project in Dharashiv district, Maharashtra, on July 3, 2026.
- The project is expected to generate approximately 299 million units of clean electricity annually and offset nearly 245 million kg of CO2 emissions.
- It comprises 28 SG 3.6-145 Wind Turbine Generators.
- With this commissioning, TPREL's operational wind energy portfolio now exceeds 1.3 GW, and its total renewable utility capacity has reached 11.6 GW.
Business Update
Positive
2026-07-03 14:55
- Tata Power Renewable Energy Limited (TPREL) commissioned its 100.8 MW Jewali Wind Project in Maharashtra.
- The project is expected to generate 299 million units of clean electricity annually and offset over 245 million kg of CO2 emissions.
- This commissioning increases TPREL's wind energy portfolio to over 3.9 GW.
Business Update
Positive
2026-06-23 16:55
- The validity of directions issued under Section 11 of the Electricity Act, 2003, for the Mundra Thermal Plant has been extended.
- The validity is now applicable until September 30, 2026, extended from June 30, 2026.
Business Update
Neutral
2026-06-19 12:40
- Investor Meet Schedule
- Meet Date: June 25, 2026
- Location: Singapore
- Format: One-to-one physical meeting with institutional investors
Business Update
Positive
2026-06-19 10:46
- Order Win: Tata Power Company Limited received a Letter of Intent from REC Power Development and Consultancy Limited (a subsidiary of REC Limited).
- Project: Acquisition of Ryapte Power Transmission Limited (SPV) to develop a Build-Own-Operate Transfer (BOOT) power transmission project.
- Project Scope: Construction of approx. 250 km transmission line route (400 kV D/C, 220 kV D/C, 220 kV Underground cables) and establishing two greenfield substations in Karnataka.
- Estimated Annual Revenue: ₹521.07 crore.
- Service Agreement Period: 35 years.
- Completion Timeline: Scheduled Commercial Operation Date (SCOD) is 30 months from SPV transfer.
Financials
Positive
2026-06-11 12:16
- The 107th Annual General Meeting (AGM) will be held on July 7, 2026, at 10:30 a.m. via VC/OAVM.
- A final dividend of ₹2.50 per equity share for FY26 is proposed.
- The record date for dividend is June 23, 2026, with payout on or after July 10, 2026.
Business Update
Positive
2026-06-10 20:51
- Filing of the Business Responsibility and Sustainability Report (BRSR) for FY26 (April 2025 - March 2026).
- The report includes an Independent Practitioner's Reasonable Assurance Report.
- Consolidated Turnover for FY26: ₹63,681 crore.
- CSR funds utilized: ₹100.54 crore, benefiting over 52 lakh beneficiaries.
- Company committed to sustainable energy, targeting Net Zero by 2045.
Governance
Neutral
2026-06-10 20:46
- Tata Power's 107th AGM for FY26 is on July 7, 2026, at 10:30 a.m. (IST) via VC/OAVM.
- Agenda includes financial statement adoption, director appointments, and a proposed ₹2.50 per share (250%) dividend for FY26.
- Record date: June 23, 2026; payment on/after July 10, 2026.
Financials
Positive
2026-06-10 20:42
- Consolidated Revenue ₹63,681Cr vs ₹64,502Cr (▼1.3% YoY)
- EBITDA ₹16,090Cr vs ₹14,468Cr (▲11.2% YoY)
- PAT ₹5,212Cr vs ₹5,197Cr (▲0.3% YoY)
- EBITDA Margin 25.3% vs 22.4% (▲284bps)
Business Update
Neutral
2026-06-03 11:59
- Concall Schedule
- Concall Date: June 8, 2026
- Company will attend ICICI Securities India Investor Conference in Mumbai to meet investors.
Governance
Positive
2026-06-02 09:58
- The Board of Directors approved the appointment of Mr. Deepak Kapoor as an Additional Non-Executive, Independent Director.
- His appointment is for a term of 5 years, effective June 1, 2026, subject to shareholder approval.
- Mr. Kapoor is the former Chairman of PwC India with extensive experience in audit, business advisory, and various industries.
Financials
Positive
2026-05-26 11:00
The Board of Directors recommended a dividend of ₹2.50 per equity share (250%) for the financial year ended March 31, 2026, subject to shareholder approval at the AGM on July 7, 2026. The record date is June 23, 2026, and the dividend payout date is July 10, 2026. The company also provided detailed information regarding the applicability and process for Tax Deduction at Source (TDS) on the dividend.
Business Update
Neutral
2026-05-25 18:25
Tata Power Company Limited announced its schedule to participate in multiple analyst/institutional investor meetings in May and June 2026. These include the 360 ONE Capital Conference (rescheduled to May 29), BofA Securities India Conference, Morgan Stanley India Investment Forum, and Citi's India Conference. The company clarified that no unpublished price-sensitive information will be shared during these engagements.
Business Update
Positive
2026-05-18 10:00
Tata Power and Druk Green Power Corporation Limited (DGPC) of Bhutan signed a Memorandum of Understanding (MoU) on May 18, 2026, to establish a comprehensive skill development ecosystem. This partnership aims to build a future-ready workforce for the operation and maintenance of large-scale clean energy assets, supporting the development of 5,000 MW clean energy capacity in Bhutan. Training programmes will be delivered through the Tata Power Skill Development Institute (TPSDI).
Routine
Neutral
2026-05-17 16:18
The Tata Power Company Limited has intimated holders of physical securities to furnish KYC details as per SEBI (LODR) Regulation 30 and SEBI Master Circulars dated February 6, 2026, and June 10, 2024. Shareholders are requested to update PAN, contact, bank account, and signature details using the enclosed ISR-1 and ISR-2 forms to ensure electronic payment of future dividends/interest.
Business Update
Positive
2026-05-15 18:26
Management provided a positive outlook for FY27, guiding for a capex of INR25,000 crores, which includes projects deferred from FY26 due to delays in right-of-way and transmission systems. Similar capital outlay is expected for FY28. Key growth drivers are anticipated across generation, transmission, distribution, and renewables, with Odisha DISCOMs projected to have their best year in FY27 (targeting AT&C losses of 12-13% in 4-5 years). The rooftop solar business is expected to grow by 50-60% in FY27, aiming for a 20% market share in three years, supported by the new 10 GW wafer and ingot plant. The company plans to add 2.5 GW of renewable capacity, primarily hybrid FDRE projects, in FY27. Tata Projects is forecasted to return to profitability from FY27. The company reported stable leverage ratios (net debt to EBITDA 3.3, net debt to equity 1.2) and is exploring new coal-based power plant tenders and 2x220 MW nuclear projects (DPR in 6 months). Indonesian coal prices are expected to remain flat.
Business Update
Neutral
2026-05-13 17:22
Tata Power Company Limited announced its schedule of analyst/institutional investor meets from May 18 to May 28, 2026. The company will attend multiple conferences, including with Institutional Investors, Centrum Nakshatra III, 360 ONE Capital, and UBS Asian Investment Conference, across UK, Mumbai, and Hong Kong. No price-sensitive information will be disclosed.
Business Update
Neutral
2026-05-12 21:50
Tata Power Company Limited announced the availability of the audio recording of its analyst call held on May 12, 2026. The call discussed the audited financial results (consolidated and standalone) for the quarter and financial year ended March 31, 2026. The recording can be accessed on the company's website, as per Regulation 46(2)(oa) of SEBI (LODR) Regulations, 2015.
Financials
Negative
2026-05-12 17:12
CRITICAL RED FLAG DETECTED
The Board of Directors approved the audited consolidated and standalone financial results for the quarter and financial year ended March 31, 2026. A final dividend of ₹2.50 per Equity Share (250%) for the financial year ended March 31, 2026, was recommended. The auditor's report includes an 'Emphasis of Matter' regarding an unfavorable arbitration award of USD 490.32 million and related costs/interest received in July 2025, which the company is challenging, with no adjustments made to the financial results.
Financials
Negative
2026-05-12 17:10
CRITICAL RED FLAG DETECTED
Consolidated Revenue ₹13,900.20 Cr vs ₹11,948.41 Cr (▲16.34% YoY), EBITDA ₹2,707.19 Cr vs ₹2,848.54 Cr (▼4.96% YoY), PAT ₹995.91 Cr vs ₹771.98 Cr (▲28.99% YoY). EBITDA Margin 19.47% vs 23.84% (▼437 bps). The Board also recommended a final dividend of ₹2.50 per Equity Share for FY26. An unfavourable arbitration award of USD 490.32 million was received in July 2025, which the company is contesting.
Financials
Negative
2026-05-12 17:07
CRITICAL RED FLAG DETECTED
The Board of Directors of The Tata Power Company Limited approved the Audited Consolidated and Standalone Financial Results for the quarter and financial year ended March 31, 2026. The Board recommended a final dividend of ₹2.50 per Equity Share (@250%) for FY26, subject to approval at the 107th AGM on July 7, 2026, with the record date set for June 23, 2026. An Emphasis of Matter in the auditor's report noted an unfavorable arbitration award of USD 490.32 million received in July/August 2025, which the company is challenging, with no adjustments made in the financials pending the litigation outcome.
Financials
Neutral
2026-05-12 17:03
The Board of Tata Power approved the Audited Financial Results for the quarter and year ended March 31, 2026. A final dividend of ₹2.50 per Equity Share (250%) for FY26 was recommended, subject to AGM approval on July 7, 2026. The record date is June 23, 2026, with payment from July 10, 2026. Auditors noted an unfavorable arbitration award of USD 490.32 million in July/August 2025, which the company is challenging, though the audit opinion remains unmodified.