Tata Power and MGL to Collaborate on Solar Rooftop and EV Charging Stations
To offer integrated customer services, explore the e-mobility segment and other value-added services of mutual interest, Mahanagar Gas Limited (MGL), one of India's leading gas distribution companies has signed a ...
Tata, GIPCL Quote a Tariff of ₹2.75/kWh in Gujarat’s Dholera Solar Park Auction for 250 MW
Of the 1 GW solar capacity that was tendered in January 2019, the Gujarat Urja Vikas Nigam Limited (GUVNL) has now auctioned 250 MW of solar projects at Dholera Solar ...
Orient Green Power to Divest 57% Shares in its Biomass Subsidiaries
Orient Green Power Company Limited (OGPL) has decided to disinvest its entire holding of 918,954 equity shares, aggregating 57.92%, held in Sanjog Sugars and Eco-Power (Biomass subsidiary) in favor of ...
Tata Power’s Solar EPC Order Book Reached ₹13.60 Billion in FY 2018-19
Tata Power has announced its annual results for FY 2018-19. The company’s income statement shows that its consolidated FY19 revenue was up 12% at ₹294.93 billion (~$4.25 billion) as compared ...
Tata Power Decides to Pull the Plug on Coal-Based Power: Report
In a surprise move, Tata Power, one of India’s largest power producer, has announced that it will not build any new coal-fired power project in the future and majority of ...
Tata Power to Sell its 32 MW Wind Power Project in Maharashtra
Tata Power Renewable Energy Limited (TPREL) has announced that it will sell 32 MW of its operating wind assets located in Satara district of Maharashtra. Currently, the power from the ...
AES, Mitsubishi and Tata Commission 10 MW Battery Energy Storage System in Delhi
The 10 MW grid-connected system will be owned by AES and Mitsubishi Corporation. Fluence, a supplier of energy storage technology jointly owned by Siemens and AES, supplied the Advancion lithium-ion ...
Tata Power’s Renewable Energy Business Witnesses an Uptick of 9% YoY in Q3 FY19
Tata Power has reported a consolidated profit after tax (PAT) of ₹2,050 million (~$28.9 million) in the third quarter of FY 2018-19. When compared to the consolidated PAT in Q3 2017-18, ...
Tata Power Agrees to Deploy 35 MWh of Gravity-Based Energy Storage from Energy Vault
Tata Power, an Indian power conglomerate, has announced that it will deploy a 35 MWh Energy Vault system in the next year. Energy Vault system is based on the the ...
Renewables Help Tata Power Increase Its Consolidated Profit After Tax by 85% in Q2 FY19
Tata Power’s Q2 FY19 consolidated profit after tax (PAT) was up 85 percent at ₹3.93 billion (~$53.53 million) as compared to ₹2.13 billion (~$29.01 million) in the previous year. Standalone ...
Tata Power and HPCL Sign MoU for Setting Up EV Charging Stations Across India
Tata Power and Hindustan Petroleum Corporation Limited (HPCL), an Indian state-owned oil and natural gas company , have signed a Memorandum of Understanding (MoU) for setting up commercial-scale charging stations ...
Tata Power Solar Installs Rooftop Solar at Mumbai’s Cricket Club of India
Tata Power Solar, a wholly-owned subsidiary of Tata Power, has commissioned 820.8kWp solar rooftop at Cricket Club of India (CCI), located in Mumbai. This is the world’s largest rooftop installation ...
Tata Power Gets Shareholders’ Approval to Raise ₹55 Billion
India’s leading renewable energy project developer, Tata Power, has received approval from its shareholders to raise up to ₹55 billion (~$801.11 million) through the issuance of non-convertible debentures on a ...
Helped by Higher Renewable Generation, Tata Power’s Revenues up 16% in Q1 of FY 2018-19
Tata Power’s Q1 FY19 revenue was up 16 percent at ₹71.39 billion (~$1.04 billion) compared to ₹61.66 billion (~$0.09 billion) Q1 FY18. Standalone revenue stood at ₹18.44 billion (~$0.27 billion) ...
Tata Power Sets up Three Electric Vehicle Charging Stations in Hyderabad
Tata Power has announced new additions to its strategic network of electric vehicle (EV) charging stations in the country, the latest being the setting up of three fast charging EV stations at ...
Haryana Approves Petition for Power Procurement from Non-Solar Sources for RPO
The Haryana Electricity Regulatory Commission (HERC) has approved a petition for the procurement of power from green energy sources other than solar with the purpose of fulfilling the stipulated renewable ...
Tata Power Commissions 100 MW of Solar Projects in Ananthapuramu Solar Park
Tata Power Renewable Energy Ltd. (TPREL), a subsidiary of Tata Power, has announced the successful commissioning of two solar projects of 50 MW each in Ananthapuramu Solar Park, located in ...
Tata Motors and Mahindra & Mahindra to Roll out EVs in Maharashtra
Tata Motors and Mahindra & Mahindra have signed Memoranda of Understanding (MoUs) with the Maharashtra government to roll out 1,000 Electric Vehicles (EV) in the state. These EVs will be ...
Tata Power and CGPL Join Hands to Install Rooftop Solar in all Households of Tunda, Gujarat
Tata Power Community Development Trust (TPCDT) has partnered with Coastal Gujarat Power Limited (CGPL) for a project called Suryoday. The program aims to power all the households in Tunda village ...
Tata Power and CleanMax Emerged as Top Rooftoop Solar Installers in India in 2017
With increasing demand from government, commercial and industrial sectors, the rooftop solar sector is witnessing steady growth despite a lack of policy support and incentives. The growth trajectory of the ...
Renewables a Significant Contributor to Tata Power’s Annual Profit of ₹26.79B for FY 2017-18
Tata Power’s annual consolidated profit after tax (PAT) stood at ₹26.79 billion (~$401.48 million), up 144 percent when compared with the previous year, the company announced recently. Tata Power’s underlying ...
Tata Power’s Renewables Business Profit Jumps to ₹720 Million in Q3 FY2018
Tata Power reported Q3 consolidated net profit of ₹6.12 billion (~$95.32 million), slightly below compared to the same quarter last year of ₹6.19 billion (~$96.41 million). Underlying earnings before interest, ...
Tata Power Sets Up Additional EV Charging Stations in Mumbai
Tata Power has announced new additions to its strategic network of electric vehicle (EV) charging stations in India’s financial capital of Mumbai. The domestic integrated power company is developing two ...
TPREL Commissions 50 MW DCR Solar Project in Pavagada Solar Park
Tata Power Renewable Energy Ltd. (TPREL), a Tata Power subsidiary, has commissioned a 50 MW Domestic Content Requirement (DCR) category solar project at Pavagada Solar Park in Karnataka, which covers ...
In-Depth Report: Development Status of 2 GW Pavagada Solar Park and Projects
Mercom recently visited the Pavagada Solar Park, and gained valuable insight into the nuances and challenges of park development. When complete, Pavagada will be the largest solar park in the ...
