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Tata Power Company Ltd is primarily involved in the business of the generation, transmission and distribution of electricity. It aims to produce electricity completely through renewable sources. It also manufactures solar roofs and plans to build 1 lakh ev charging stations by 2025The company is India's largest vertically-integrated power company.
Tata Power Renewable Energy (TPREL) commissioned its 100.8 MW Jewali Wind Project in Maharashtra. It will generate 299 million units annually for Tata Power Mumbai Distribution, helping RPO compliance and offsetting 245 million kg of CO2.
The company completed the transfer of 1,300 physical equity shares (500 & 800) between shareholders. This is a routine administrative update regarding share ownership changes.
Tata Power's Mundra Plant (4150 MW) has resumed operations following a temporary suspension. This operational update provides clarity on the previously halted facility, impacting overall capacity.
Tata Power executed a Supplementary PPA with GUVNL (Gujarat) for its Mundra Plant, signaling resolution of the temporary operational suspension. Similar agreements are expected with Maharashtra, Rajasthan, Punjab, and Haryana to fully restart operations.
Tata Power's Mundra units, under temporary suspension, are actively working towards resuming operations. The company anticipates a tentative restart by December 31, confirming necessary measures are underway.