Shares of Tata Power Company slipped about 3 per cent during the early session on Friday amid media reports of monetisation of the various assets in the international markets. The Tata Group’s power arm is planning to raise up to Rs 2,500 crore by selling some of its assets overseas, including hydro assets in Zambia, […]
Tata Power mulls to double capex to Rs 12k cr in FY24; focus on renewables – EQ Mag
Based on the performance, directors have recommended a dividend of 200 per cent, which is Rs two per equity share of Rs one, he stated Tata Power has planned to double its capital expenditure to Rs 12,000 crore in the current fiscal, with a focus on renewables, distribution, transmission and solar equipment manufacturing capacity. “To […]
Tata Power undertakes measures to prevent outages in Mumbai during monsoon – EQ Mag
MUMBAI: Tata Power, which caters to 7.5 lakh consumers in the city and owns 70 per cent of the city’s transmission network, has begun undertaking measures to ensure reliable supply during the monsoon and also ensure consumer safety. Adequate dewatering pumps have been installed at all distribution and consumer sub-stations to avoid flooding. The height […]
Tata Power Q4 result preview: PAT to grow by 58.8%, revenue by 10.7% – EQ Mag
Tata power’s revenue is expected to surge by 10.7 per cent to Rs 13,234 crore compared with the year-ago period. Tata Power, the power company of Tata Group, is likely to report a 58.8 per cent growth in profit after tax (PAT) to Rs 799 crore year-on-year (YoY) for the quarter ended March 31, 2023, […]
Tata Power sets up charging stations at R CITY Mall, Ghatkopar, Mumbai – EQ Mag
Charging Support available for both four-wheeler and two wheelers Tata Power, India’s largest electric-vehicle charging solutions provider, has partnered with R CITY, Mumbai’s iconic shopping and entertainment destination, to deploy 8 chargers, including super-fast 60 kW charging points, across the mall’s premises. EV owners can choose to do either quick top-ups on the go or […]
Tata Power to install 20 EV charging stations in Coimbatore – EQ Mag
These four-wheeler chargers would provide a 24×7 charging facility along with maintenance support to EV owners in Coimbatore and nearby cities Tata Power has entered into a partnership with the Coimbatore Municipal Corporation to install 20 new fast EV charging stations in Coimbatore to further EV adoption in the State as the adoption of electric […]
ADB, TATA Power Sign Deal to Enhance Delhi’s Power Distribution Through Grid Enhancements and Battery Energy Storage System – EQ Mag
DELHI, INDIA : The Asian Development Bank (ADB) and Tata Power Delhi Distribution Limited (TPDDL), the distribution arm of Tata Power Co Ltd (Tata Power), entered into an agreement to subscribe to non-convertible debentures for 1.5 billion Indian Rupees (equivalent to $18.2 million) to enhance Delhi’s power distribution through grid enhancements, and a $2 million […]
Re-appointment of Dr Praveer Sinha, CEO & Managing Director – Tata Power Company Limited – EQ Mag
Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Re-appointment of CEO & Managing Director of the Company. For more information please see below link:
Reliance, Tata Power bid for ₹19,500-crore solar module incentive – EQ Mag
The financial assistance is part of PM Modi’s aim to turn the nation into a manufacturing powerhouse, creating more jobs in the economy and reducing imports that can drain foreign exchange Solar module makers including Reliance Industries Ltd. and Tata Power Co. are among bidders for Rs 19,500 billion ($2.4 billion) in financial incentives that […]
Tata Power joins hands with Enel Group to power digitalisation, automation in electricity distribution – EQ Mag
New Delhi : Tata Power on Thursday said that it has collaborated with Enel Group to power digitalisation and automation of India’s distribution network. “Tata Power joined hands with Enel Group — one of the largest integrated players in the global power and renewable markets — for implementing two key pilot projects through former’s Delhi […]