TATAPOWERTata Power

Tata Power's renewables arm commissions 419 MW in the September quarter, up from 182 MW

Tata Power Renewable Energy commissioned 419 MW of utility-scale projects in the September quarter, against 182 MW a year earlier, and expects more than 2 GW in the second half.

Price, Monday's close₹343.00▲ 0.25%
Last 5 days
52-week low ₹333.6052-week high ₹464.90
Sector
Power and renewables

What happened

  • Tata Power's renewable energy arm commissioned 419 MW of utility-scale projects in the September quarter, against 182 MW a year earlier, an increase of about 130%, according to Kotak Neo and Upstox.
  • It also executed 131.2 MWh of battery storage. For the first half of FY27 the totals are 645 MW and 161.2 MWh, per Upstox.
  • The operating utility-scale portfolio stands at 7.2 GW, made up of 5.8 GW of solar, 1.3 GW of wind and 281.2 MWh of battery storage.
  • The company expects more than 2 GW of execution in the second half: 1,075 MW of solar, 969 MW of wind and 274 MWh of storage. Both outlets reported a year-end portfolio of about 9.3 GW.
  • Kotak Neo added that rooftop solar installations in the quarter were 88,397, up 33%, with installed capacity up 15% to 426 MWp.
  • The shares closed at ₹343, up 0.25%.

Why it matters

Good to know: MW measures generating capacity. MWh measures how much energy a battery can store.

Key facts

Commissioned in the quarter
419 MW (182 MW a year earlier)
Battery storage executed
131.2 MWh
Operating portfolio
7.2 GW
Second-half execution expected
More than 2 GW

Read the source

This is a summary of public news about Tata Power, for information only. It is not a recommendation to buy, sell or hold TATAPOWER.

Next story · 4 of 6Jubilant Pharmova · JUBLPHARMAJubilant Pharmova approves ₹800 crore of debentures and seeks a ₹2,500 crore debt limit