TATAPOWER
Tata Power Company Limited
NSE BSELast Traded Price
₹360
6.6 (1.87%)
Open
₹354.95
High
₹360.25
Low
₹351.05
Prev Close
₹353.4
Industry
Integrated Power Utilities
Market Cap
115032.22 Cr
Filing History
Recent corporate announcements and filings for TATAPOWER
Business Update
Negative
2026-11-07 18:41
- Filed appeal before Singapore Court of Appeal against SICC judgment; hearing scheduled for January 19, 2027.
- Following Kleros' arbitral award enforcement, Singapore court-appointed Sheriff served notice attaching Company's shares in subsidiaries Tata Power International Pte. Ltd. and Bhira Investments Pte. Ltd.
- The attached shares are pledged to lenders; Company is seeking legal counsel.
Business Update
Negative
2026-11-07 18:12
- Tata Power filed an appeal before the Singapore Court of Appeal in the Kleros arbitration; hearing scheduled for January 19, 2027.
- Court Sheriff served notice attaching the Company's shares in two Singapore subsidiaries (already pledged to lenders).
- Company is seeking legal advice to take necessary legal action.
Business Update
Positive
2026-11-05 10:44
Tata Power Renewable Energy Limited (TPREL) commissioned its 300 MW Koppal Solar Project in Karnataka for SECI.
Project Details: Generates 810 MUs of renewable energy annually, mitigating 103,820 tonnes of CO2 emissions each year.
Technology Used: Solar Trackers and bifacial modules for optimal energy generation.
Capacity Update: TPREL's total renewable utility capacity reaches 12 GW (7.2 GW operational, 4.9 GW under implementation).
Business Update
Positive
2026-11-05 10:36
Tata Power subsidiary TPREL commissioned a 300 MW solar project for SECI in Koppal, Karnataka.
- The project will generate 810 MUs of renewable energy annually and mitigate 103,820 tonnes of CO2 emissions each year.
- Total renewable utility capacity of TPREL has reached 12 GW.
Business Update
Neutral
2026-11-02 17:16
Concall Schedule
Concall Date: November 11, 2026
Concall Time: 6:00 p.m. (IST)
Business Update
Neutral
2026-11-02 17:15
Concall Schedule
Concall Date: November 11, 2026
Concall Time: 6:00 p.m. (IST)
Business Update
Neutral
2026-10-27 15:03
Concall Schedule
Concall Date: October 30, 2026
Concall Time: Not specified (1:1 physical/group meetings in Chennai)
Business Update
Neutral
2026-10-27 15:01
Concall Schedule
Concall Date: October 30, 2026
Concall Time: Not specified
Details: 1:1 physical/group meetings with institutional investors in Chennai.
Business Update
Positive
2026-10-27 12:21
Order Win: Tata Power signed an MoU with BPCL to develop 110 kV power infrastructure for BPCL's PRFCCU Project at Mumbai Refinery
Order Value: Approximately ₹250 crore combined estimated outlay for Tata Power and BPCL
Completion Timeline: Approximately 24 months
Key Details: The project will meet the 90 MW power requirement of BPCL's landmark PRFCCU project and strengthen Tata Power's transmission network in the Trombay area.
Business Update
Positive
2026-10-27 12:20
- Tata Power signed an MoU with BPCL to develop 110 kV power infrastructure for BPCL's PRFCCU project at Mumbai Refinery.
- Order Value: Combined estimated outlay of approx. ₹250 crore for Tata Power and BPCL.
- Completion Timeline: Approximately 24 months.
Business Update
Positive
2026-10-14 10:01
Tata Power has advanced a 2.8 GW+ data centre opportunity pipeline across 18 blue-chip players, engaging in 29 active workstreams.
- The pipeline comprises ~430 MW of upcoming distribution load, 1,236 MW of transmission-linked opportunities, and 1,150 MW of green energy capacity.
- The company is executing a ₹15,000 crore Mumbai Grid Upgradation and Expansion Plan to support high-power data centre requirements in the MMR region.
Business Update
Positive
2026-10-14 10:00
- Tata Power advanced a 2.8 GW+ data centre opportunity pipeline across 18 leading blue-chip data centre players.
- The pipeline includes ~430 MW of upcoming distribution load, 1,236 MW of transmission-linked opportunities, and 1,150 MW of green energy capacity.
- Engaging across 29 active workstreams spanning renewable energy, T&D, and integrated infrastructure.
- Enhancing Mumbai transmission infrastructure as part of its ₹15,000 crore Mumbai Grid Upgradation and Expansion Plan.
Governance
Neutral
2026-10-13 17:14
- Ms. Anjali Bansal, Ms. Vibha Padalkar, and Mr. Sanjay Vijay Bhandarkar ceased to be Independent Directors of the company.
- Cessation effective at the close of business hours on October 13, 2026.
- Reason for cessation is the completion of their second consecutive terms.
Governance
Neutral
2026-10-13 17:14
- Tata Power Company Limited informed that Ms. Anjali Bansal, Ms. Vibha Padalkar, and Mr. Sanjay Vijay Bhandarkar ceased to be Independent Directors of the company.
- The cessation is effective from the close of business hours on October 13, 2026, upon the completion of their second consecutive terms.
Governance
Neutral
2026-10-13 17:14
- Ms. Anjali Bansal, Ms. Vibha Padalkar, and Mr. Sanjay Vijay Bhandarkar ceased to be Independent Directors of the company.
- Cessation is effective from the close of business hours on October 13, 2026.
- The cessation is due to the completion of their second consecutive terms.
Governance
Neutral
2026-10-13 17:13
- Ms. Anjali Bansal, Ms. Vibha Padalkar, and Mr. Sanjay Vijay Bhandarkar ceased to be Independent Directors of Tata Power Company Ltd.
- Cessation effective from the close of business hours on October 13, 2026.
- Reason for cessation is the completion of their second consecutive terms.
Business Update
Positive
2026-10-13 14:32
- Tata Power has signed an MoU with Imperial College London to collaborate on research, technology, and knowledge exchange for next-generation energy systems.
- The partnership focuses on grid flexibility, energy storage, AI and machine learning applications in energy, and industrial decarbonisation.
- The initiative aligns with India-UK Net-Zero ambitions and the India-UK Vision 2035 to accelerate clean energy and climate action solutions.
Business Update
Positive
2026-10-13 14:28
Tata Power signed an MoU with Imperial College London on October 13, 2026.
- The collaboration focuses on research and knowledge exchange in grid flexibility, energy storage, AI, and industrial decarbonisation.
- The initiative aims to accelerate India-UK Net-Zero ambitions and develop next-generation energy systems.
Business Update
Positive
2026-10-12 10:35
Tata Power subsidiary TPREL reported over 130% YoY growth in utility-scale execution in Q2 FY27, delivering 419 MW capacity and 131.2 MWhr of battery storage projects.
- H1 FY27 execution reached 645 MW of utility-scale projects and 161.2 MWhr of battery storage, bringing total utility-scale operational capacity to 7.2 GW.
- The company expects to execute over 2 GW of projects in H2 FY27 and reach ~12 GW of overall operational capacity by FY 28.
Business Update
Positive
2026-10-12 10:30
- Tata Power Renewables (TPREL) recorded over 130% YoY growth in utility-scale execution in Q2 FY27, delivering 419 MW capacity along with 131.2 MWhr of battery storage projects.
- Total H1 FY27 execution reached 645 MW of utility-scale projects and 161.2 MWhr of battery storage.
- Utility-scale operational capacity reached 7.2 GW, comprising 5.8 GW solar, 1.3 GW wind, and 281.2 MWhr BESS.
- Over 2 GW of projects are expected to be executed in H2 FY27, taking the total to ~9.3 GW by year-end, with overall capacity targeting ~12 GW by FY28.
Business Update
Positive
2026-10-08 11:13
TP Solar recorded 1 GW module and 0.9 GW cell production in Q2 FY27.
- Achieved 2 GW module and 1.8 GW cell output in H1 FY27.
- The manufacturing facility in Tirunelveli, Tamil Nadu, features an investment of nearly ₹4,300 crore and utilizes advanced TOPCon and Mono PERC technologies.
- The plant workforce comprises nearly 80% women.
Business Update
Positive
2026-10-08 11:08
- TP Solar recorded 1 GW of module and 0.9 GW of cell production in Q2 FY27.
- Achieved 2 GW of module and 1.8 GW of cell output in H1 FY27.
- The manufacturing plant in Tirunelveli, Tamil Nadu, features 4.3 GW solar cell and module capacity.
- Modules are DCR-compliant and ALMM-certified.
Business Update
Positive
2026-10-07 17:44
Tata Power has partnered with Norway-based Ocean Sun to bring membrane-based floating solar technology to India.
- The companies will undertake a ~300 kWp floating solar pilot project at Tata Power's Mulshi reservoir in Maharashtra.
- The pilot aims to evaluate performance, reliability, cost competitiveness, and scalability under Indian conditions.
Business Update
Positive
2026-10-07 17:41
Tata Power has partnered with Norway-based Ocean Sun to introduce membrane-based floating solar technology to India.
- The collaboration involves a ~300 kWp floating solar pilot project at Tata Power's Mulshi reservoir in Maharashtra.
- The pilot aims to evaluate performance, reliability, cost competitiveness, and scalability under Indian conditions.
- Ocean Sun's technology utilizes a hydro-elastic membrane floating directly on the water surface, offering a lightweight and potentially more efficient alternative to conventional pontoon structures.
Governance
Neutral
2026-10-07 14:34
- Board meeting scheduled on Wednesday, November 11, 2026.
- To consider Audited Standalone and Unaudited Consolidated Financial Results for the quarter and half-year ended September 30, 2026.
- Trading window closed from September 24, 2026, until 48 hours post result declaration.
Business Update
Neutral
2026-09-26 14:17
- Tata Power received a letter from the Ministry of Power regarding the Mundra Thermal Plant.
- The validity of directions issued under Section 11 of the Electricity Act, 2003 has been extended.
- The directions will now remain in force until December 31, 2026, previously extended up to September 30, 2026.
Business Update
Neutral
2026-09-26 14:16
- Tata Power received a letter from the Ministry of Power regarding the Mundra Thermal Plant.
- The validity of directions issued under Section 11 of the Electricity Act, 2003 has been extended.
- The extension is further prolonged from September 30, 2026, to December 31, 2026.
Business Update
Neutral
2026-09-24 14:30
Concall Schedule
Concall Date: September 28, 2026
Concall Time: Not specified (Physical/Group meetings)
Business Update
Neutral
2026-09-19 22:25
- Analyst/Institutional Investor Meet Schedule
- Meet Date: September 23, 2026
- Location: London
- Format: 1:1 physical/group meetings with individual/institutional investors
Business Update
Neutral
2026-09-19 22:19
- Schedule of Analyst/Institutional Investor Meet
- Date: September 23, 2026
- Location: London
- Management to meet individual/institutional investors in 1:1 physical/group meetings. No Unpublished Price Sensitive Information (UPSI) will be conveyed.
Business Update
Neutral
2026-09-11 13:02
- Investor Meet Schedule
- Anand Rathi Annual Flagship Conference G-200 Summit 2026: September 21, 2026
- J. P. Morgan India Conference: September 22, 2026
- Meetings will be held in Mumbai with individual/institutional investors in physical/group meetings.
Business Update
Neutral
2026-09-11 13:02
- Investor Meet Schedule
- Anand Rathi Annual Flagship Conference G-200 Summit 2026:
- Date: September 21, 2026
- Venue: Mumbai
- Mode: Individual Investors/Institutional Investors in 1:1 Physical/Group Meetings
- J. P. Morgan India Conference:
- Date: September 22, 2026
- Venue: Mumbai
- Mode: Individual Investors/Institutional Investors in 1:1 Physical/Group Meetings
Business Update
Neutral
2026-09-04 15:07
- Analyst/Institutional Investor Meets Schedule
- UBS India Summit: September 10, 2026, in Mumbai (physical/group meetings)
- Morgan Stanley Virtual India Industrials & Energy Seminar: September 15, 2026 (virtual)
- Jefferies India Forum: September 18, 2026, in Gurgaon (physical/group meetings)
Business Update
Neutral
2026-09-04 15:02
- Analyst/Institutional Investor Meet Schedule:
- UBS India Summit
- Concall Date: September 10, 2026
- Call Details: Mumbai, Individual/Institutional investors in 1:1 physical/Group meetings
- Morgan Stanley Virtual India Industrials & Energy Seminar
- Concall Date: September 15, 2026
- Call Details: Virtual
- Jefferies India Forum
- Concall Date: September 18, 2026
- Call Details: Gurgaon, Individual/Institutional investors in 1:1 physical/Group meetings
- No unpublished price sensitive information will be conveyed during these engagements.
Business Update
Positive
2026-09-03 10:56
- Tata Power commissioned the 400kV Jalpura-Khurja Transmission Corridor (162 CKM transmission lines, 1,000 MVA substation) in Uttar Pradesh.
- This strengthens NCR's power infrastructure, enhancing connectivity and reliability in Western Uttar Pradesh.
Business Update
Positive
2026-09-03 10:50
- Tata Power commissioned the second element of its Jalpura-Khurja Transmission Project, comprising a 400kV transmission corridor (162 CKM) and a 1,000 MVA substation in Uttar Pradesh.
- This strengthens NCR's power infrastructure and enhances connectivity.
- Tata Power's transmission portfolio now stands at 7900 circuit kilometres.
Business Update
Positive
2026-08-31 12:00
- Tata Power Renewable Energy Limited (TPREL) commissioned a 100 MW Group Captive Solar Project in Kayathar, Tamil Nadu.
- This expands TPREL's utility portfolio to 12.3 GW, surpassing 7 GW operational capacity.
- The project is expected to generate 240.63 MUs of clean energy and offset 1.5 lakh tonnes of CO2 annually.
- It features India's first Flexible Terrain Compatible (FTC) Single Axis Tracker technology.
- TPREL has an additional 5.3 GW under development, slated for commissioning in the next 6-24 months.
Business Update
Positive
2026-08-31 11:50
- Tata Power Renewable Energy Limited (TPREL) commissioned a 100 MW solar project in Kayathar, Tamil Nadu.
- This expands its utility portfolio to 12.3 GW, surpassing 7 GW operational capacity.
- The project will generate 240.63 MUs clean energy and offset 1.5 lakh tonnes CO2 annually.
- An additional 5.3 GW pipeline is scheduled for commissioning over 6-24 months.
Business Update
Positive
2026-08-27 14:46
- Project Commissioned: Tata Power Renewables commissioned a 72.5 MW captive solar project for Tata Steel Limited in Rajasthan.
- Capacity: 72.5 MW.
- Annual Green Energy Generation: 166 MUs.
- Annual Carbon Emissions Offset: 1,18,856 tonnes.
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
Negative
2026-08-26 18:54
CRITICAL RED FLAG DETECTED
- Singapore International Commercial Court dismissed Tata Power's challenge against arbitral awards in a dispute with Kleros Capital Partners. The court ruled there was no breach of natural justice or fair hearing. The Company has 28 days from August 26, 2026, to appeal the decision and intends to do so.
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
Neutral
2026-08-25 12:53
- Investor Meet Schedule
- Event: Ashwamedh – Elara India Dialogue 2026
- Meet Date: September 1, 2026
- Location: Mumbai (for 1:1 physical/group meetings with 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.
Routine
Neutral
2026-08-24 12:05
New Filing detected. See link for details.
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
Neutral
2026-08-05 18:26
- Schedule of Analyst/Institutional Investor Meets
- Nuvama India Conference 2026: August 11, 2026 (Singapore)
- Avendus Spark INDX-Asia Edition 2026: August 12, 2026 (Hong Kong)
- Group Meeting with Institutional Investors: August 12, 2026 (Mumbai)
- Citi's 2026 India Conference: August 13, 2026 (Hong Kong)
- Motilal Oswal 22nd Annual Global Investor Conference, 2026: August 17, 2026 (Mumbai)
- Goldman Sachs India Energy Security & Grid Resilience Corporate Day: August 18, 2026 (Mumbai)
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
2026-08-01 22:21
- Litigation update: APTEL ruled that MERC incorrectly disallowed Property Tax and Income Tax for FY 2007-14.
- APTEL remanded matters to MERC to pass an expeditious order.
- Quantum of claims related to disputed disallowances is approximately ₹268 crore.
Business Update
Positive
2026-07-31 20:17
- Q1 FY27 PAT was ₹1,401 Cr, an 11% YoY increase; EBITDA was ₹4,249 Cr, an 8% YoY increase. This marks the 27th consecutive quarter of increased PAT and EBITDA.
- The company plans to add 2,500-2,700 MW of renewable capacity this year, aiming to cross 9 GW by FY27 end.
- For FY27, a capital expenditure of ₹25,000 Cr is planned, with 50% allocated to renewable projects. Q2 capex is expected to be ₹6,000-6,500 Cr.
- The rooftop solar business is projected to grow by 60-70% this year, with a target to achieve cumulative ₹30,000 Cr in revenue by 2029, and increase market share to 25%.
- Mundra plant's supplementary PPA has been concluded with Gujarat, and regulatory approvals from other states are expected by August/September, ensuring operations until 2038.
- Net debt to underlying EBITDA is 3.41x and net debt to equity is 1.25x, within the company's set guardrails.
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 17:44
- New Project: Tata Power Renewables (TPREL) has marked the groundbreaking of an 800 MW Renewable Energy Project in Andhra Pradesh, comprising 400 MW of solar and 400 MW of wind power capacity.
- Project Value: The project is being developed with an investment of ₹5,750 crore.
- Key Details: The project has secured 800 MW Inter-State Transmission System (ISTS) connectivity and is expected to generate 4,000 direct and indirect employment opportunities. It includes a 200 MW Firm and Dispatchable Renewable Energy (FDRE) project for NTPC with a Battery Energy Storage System (BESS).
Business Update
Positive
2026-07-30 17:27
- Tata Power Company Limited acquired 100% equity stake in Ryapte Power Transmission Limited (RPTL), a special purpose vehicle (SPV).
- The acquisition is valued at ₹10.87 crore and was completed on July 30, 2026.
- RPTL is established to build, own, operate, and transfer transmission services, including approx. 250 km of transmission lines and substations in Karnataka.
- The schedule date of commercial operation (SCOD) for the SPV is 30 months from the acquisition date.
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.
Business Update
Neutral
2026-07-28 17:54
- The Board of Directors approved the financial results for the quarter ended June 30, 2026, on July 27, 2026.
- An Analyst Call was held to discuss these financial results.
- The audio recording of the analyst call is available on the Company's website: https://www.tatapower.com/investor-resource-center/analyst-call-recordings-tab.
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)
Financials
Positive
2026-07-27 17:29
- Consolidated Revenue ₹18,898Cr vs ₹17,464Cr (▲8% YoY)
- EBITDA ₹4,249Cr vs ₹3,930Cr (▲8% YoY)
- PAT ₹1,401Cr vs ₹1,262Cr (▲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.
Business Update
Neutral
2026-07-27 17:19
- The Board of Directors approved the issuance of Non-Convertible Debentures (NCDs) or other debt securities for up to ₹4,500 crore.
- The funds will be raised on a private placement basis.
- The purpose of the fundraise is for refinancing existing loans.
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)
Financials
Negative
2026-07-27 16:51
CRITICAL RED FLAG DETECTED
- 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)
- Board approved a final dividend of ₹2.50 per share (aggregating to ₹798.83 Cr) for FY26.
- Company received an unfavorable arbitration award of USD 490.32 million plus interest and costs, which is currently under appeal.
Business Update
Neutral
2026-07-22 15:54
- Concall Schedule
- Concall Date: July 28, 2026
- Concall Time: 11:00 a.m. (IST)
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.
Business Update
Positive
2026-07-18 17:13
- Order Win: Tata Power Company Limited won an order from Solar Energy Corporation of India Limited (SECI) for providing pumped storage services.
- Order Details: The contract is for a 324 MW / 2,592 MWh Pumped Storage Plant (PSP) for 40 years.
- Order Value: The total annual fixed charge for the 324 MW capacity is ₹351.3 crore, totaling approximately ₹14,052 crore over 40 years.
- Commencement Timeline: Supply of storage capacity is to commence 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 20:32
New Filing detected. See link for details.
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 18:36
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 17:27
- Tata Power to issue 1,50,000 Unsecured, Redeemable NCDs for ₹1,500 crore via private placement.
- NCDs will be listed on BSE, have a 5-year tenure from July 14, 2026, and an existing AA+/Stable credit rating.
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 15:01
- Tata Power Renewable Energy Limited (TPREL) has commissioned its 100.8 MW Jewali Wind Project in Dharashiv district, 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 and its total renewable utility capacity to 11.6 GW.
Business Update
Positive
2026-07-03 14:56
- Tata Power Renewable Energy Limited (TPREL) has commissioned its 100.8 MW Jewali Wind Project in Dharashiv district, Maharashtra.
- The project is expected to generate approximately 299 million units of clean electricity annually and offset nearly 245 million kg of CO2 emissions.
- With this commissioning, TPREL's wind energy portfolio now exceeds 3.9 GW (over 1.3 GW operational), contributing to a total renewable utility capacity of 11.6 GW (6.7 GW operational).
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
Positive
2026-06-23 16:50
- Tata Power received a letter from the Ministry of Power, Government of India, extending the validity of directions for its Mundra Thermal Plant.
- The validity of these directions, previously until June 30, 2026, is now extended to September 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
Neutral
2026-06-19 12:34
- Intimation of Schedule of Analyst/Institutional Investor Meet
- The Tata Power Company Limited will participate in a one-to-one physical meeting with institutional investors in Singapore.
- Concall Date: June 25, 2026
Business Update
Positive
2026-06-19 10:52
- Order Win: Tata Power Company Limited received a Letter of Intent (LOI) from REC Power Development and Consultancy Limited for the acquisition of Ryapte Power Transmission Limited (a project SPV).
- Project Description: The SPV will develop, own, operate, and transfer a transmission system to provide transmission services for 35 years.
- Project Scope: Construct approx. 250 km line route (400 kV D/C, 220 kV D/C, and 220 kV Underground cable) and establish two green field substations.
- Project Value: The Annual Transmission Charges are ₹521.07 crore for a period of 35 years.
- Completion Timeline: Scheduled Commercial Operation Date (SCOD) is 30 months after the SPV transfer.
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.
Governance
Positive
2026-06-11 12:20
- The 107th Annual General Meeting (AGM) is scheduled for Tuesday, July 7, 2026, at 10:30 a.m. (IST) via VC/OAVM.
- A final dividend of ₹2.50 per equity share for FY26 has been declared.
- The Record Date for the dividend is June 23, 2026, with payout on or after July 10, 2026.
- E-voting will be available from July 3, 2026 (9:00 a.m. IST) to July 6, 2026 (5:00 p.m. IST).
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.
Financials
Positive
2026-06-10 20:51
- Consolidated Revenue ₹63,681 Cr (▲7% YoY)
- EBITDA ₹16,090 Cr (▲11% YoY)
- PAT ₹5,118 Cr (▲7% YoY)
- EBITDA Margin 25.27% vs 24.36% (▲91bps)
- Dividend declared ₹2.50 per share for FY26 (vs ₹2.25 for FY25).
- The 107th Annual General Meeting (AGM) will be held on Tuesday, July 7, 2026.
Business Update
Positive
2026-06-10 20:48
- Submitted Business Responsibility and Sustainability Report (BRSR) for FY26, as per SEBI Regulations, covering April 2025 - March 2026. This report includes an Independent Practitioner's Reasonable Assurance Report.
- Highlights installed/managed capacity of 16.7 GW with ~47% from clean/green sources as of March 31, 2026, serving over 13 million consumers.
- FY26 Consolidated Turnover: ₹63,681 crore; Net Worth: ₹42,153 crore.
- Utilized ₹100.54 crore CSR funds, benefiting 52+ lakh beneficiaries.
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.
Governance
Positive
2026-06-10 20:43
- The 107th Annual General Meeting (AGM) will be held on Tuesday, July 7, 2026, at 10:30 a.m. (IST) via Video Conferencing.
- The company proposes to declare a dividend of ₹2.50 per equity share for FY26.
- The record date for the dividend is Tuesday, June 23, 2026, with payment on or after Friday, July 10, 2026.
- Agenda includes the re-appointment of Mr. N. Chandrasekaran and the appointment of Ms. Nishi Vasudeva and Mr. Deepak Kapoor as Independent Directors.
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.
Business Update
Neutral
2026-06-03 11:56
- The Tata Power Company Limited will attend the ICICI Securities India Investor Conference on June 8, 2026, in Mumbai.
- The company will meet individual analysts and institutional investors in 1:1 physical/group meetings.
- No unpublished price-sensitive information will be conveyed during these engagements.
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.