tata-power

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Tata Power Hits Record Profits of ₹42.8 Billion in FY 2024

Tata Power, an integrated power company, recorded a profit after tax of ₹10.46 billion (~$125.28 million) in the fourth quarter (Q4) of the financial year (FY) 2024, a...

May 9, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Daily News Wrap-Up: China Installs 46 GW Solar Capacity in Q1 2024

China installed 45.74 GW of solar power capacity in the first quarter of 2024, a 35.8% year-over-year growth, according to the National Energy Administration. The...

April 25, 2024

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Mercom Staff

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Daily Wrap-up
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Tata Power, Indian Bank Partner for Residential Rooftop Solar Financing

Tata Power Solar Systems Limited (TPSSL) will partner with the Indian Bank to bolster the adoption of affordable rooftop solar in the residential segment by making...

April 24, 2024

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Staff

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Rooftop

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Solar
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GUVNL to Procure Power at ₹2.81/kWh from O2 Power’s 200 MW Solar Projects

The Gujarat Electricity Regulatory Commission (GERC) has, in a recent order, adopted the tariff of ₹2.81 ($0.033)/kWh quoted by TEQ Green Power, a subsidiary of O2 Power,...

April 3, 2024

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Staff

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Markets & Policy

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Solar
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Axis, ReNew, Juniper, Serentica, TPREL Win NTPC’s 3 GW FDRE-II Auction

ABC Cleantech (Axis Energy), Juniper Green Energy, Serentica Renewables India 11 (Serentica Renewables), Tata Power Renewable Energy, and ReNew Solar Power (ReNew) won...

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Daily News Wrap-Up: India’s Rooftop Solar Installations Reach 1.7 GW in 2023

India installed 1.7 GW of rooftop solar capacity in 2023, the second-highest annual installation numbers on record, according to Mercom India Research’s newly...

March 4, 2024

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Mercom Staff

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Daily Wrap-up
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MERC Approves Tariffs for Tata Power’s 225 MW Wind-Solar Hybrid Projects

The Maharashtra Electricity Regulatory Commission (MERC) has approved Tata Power Company – Distribution’s (TPC-D) adoption of tariffs of ₹3.27 (~$0.0394)/kWh and...

March 1, 2024

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Staff

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Renewable Energy
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SECI Commissions 120 MWh Battery Energy Storage System in Chhattisgarh

The Solar Energy Corporation of India (SECI) has commissioned a 40 MW/120 MWh Battery Energy Storage System (BESS) project associated with a 100 MW solar power project...

February 26, 2024

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Satish Shetty

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Energy Storage

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Market & Policy
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Corporate Buying of Clean Energy Increased 12% in 2023: BNEF

Corporations announced a record 46 GW of solar and wind contracts in 2023, with a 12% year-over-year (YoY) increase from 41 GW in 2022, according to Bloomberg New Energy...

February 19, 2024

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Staff

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Other

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Renewable Energy
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Daily News Wrap-Up: India’s Solar Generation Up 10% YoY in 2023

India generated around 104.83 billion units (BU) of solar power in the calendar year 2023, a 10.17% increase from 95.15 BU generated in 2022, according to the recent...

February 13, 2024

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Mercom Staff

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Daily Wrap-up
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Tata Power Reports Net Profit for 17th Consecutive Quarter in Q3 FY 2024

Tata Power, an integrated power company, recorded a net profit of ₹10.76 billion (~$129.6 million) in the third quarter (Q3) of the financial year (FY) 2024, a growth of...

February 12, 2024

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Gautamee Hazarika

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Market & Policy

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Renewable Energy
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MERC Approves ₹491.2 Million Compensation for Tata Power for GST Hike

The Maharashtra Electricity Regulatory Commission (MERC) has directed the Tata Power Company Limited – Distribution (TPC-D), a  distribution company (DISCOM), to...

December 1, 2023

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Staff

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Markets & Policy

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Renewable Energy
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Tata Power, Havells, Enerparc Top Rooftop Solar Installers List in 1H 2023

The top rooftop solar installers in India during the first half (1H) of the calendar year (CY) 2023 were Tata Power Solar, Havells India, Enerparc Energy, Amplus Solar,...

November 13, 2023

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Debojyoti Nath

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Mercom Research Focus

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Rooftop

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Solar
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Leading Solar EPC Companies in 1H 2023: Prozeal Green, Tata Power, Vikram Solar

Prozeal Green Energy, Tata Power Solar, Vikram Solar, Waaree Renewable Technologies, and Opera Energy emerged as the top utility-scale solar engineering, procurement,...

November 9, 2023

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Urvashi Gupta

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Mercom Research Focus

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Solar

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Utility Scale
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Tata Power Reports Net Profit of ₹10 Billion in Q2 FY24, Up 9% YoY

Tata Power, an integrated power company, clocked a net profit of ₹10.2 billion (~$122.5 million) in the second quarter (Q2) of the financial year (FY) 2024, marking a...

November 8, 2023

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Arjun Joshi

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Other

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Renewable Energy

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