Tata Power In MoU with NDDB To Solarise Dairy Supply Chain Updated On Thu, Jul 25th, 2024 by Saurenergy TP Renewable Microgrid (TPRMG), India’s leading solar microgrid company and a wholly owned subsidiary of Tata Power, has entered into a Memorandum of Understanding (MoU) with the National Dairy Development Board (NDDB), renowned for its transformative impact on India’s rural economy through its cooperative dairy model. This collaboration aims to facilitate various initiatives to advance […] Read more
Tata Power Results In Line With Expectations, Q4 Profits Up 18% Updated On Wed, May 8th, 2024 by Saurenergy Tata Power has announced its Q4 results. During the year, the firm owned its highest-ever PAT of ₹ 4,280 crore and Revenue of ₹ 61,542 crore for FY24 Q4 FY24 PAT up 18% to ₹ 1,109 crore, making it the 18th consecutive quarter of PAT growth During the quarter, the company’s renewables portfolio crossed the […] Read more
Tata Power Delhi Distribution Ltd. Appoints Gajanan S. Kale As New CEO Updated On Mon, Apr 22nd, 2024 by Saurenergy Tata Power Delhi Distribution Limited (Tata Power-DDL), a leading power utility supplying electricity to a populace of 7 million in North Delhi, today announced the appointment of Gajanan Sampatrao Kale as the company’s new Chief Executive Officer (CEO), with effect from 19th April 2024. Kale joins after his predecessor, Ganesh Srinivasan moved to KEC International […] Read more
Tata Power Solar Systems Ltd & SIDBI to Offer Financing to MSMEs for Solar Adoption Updated On Wed, Sep 13th, 2023 by Saurenergy Tata Power Solar Systems Ltd & SIDBI have signed a Memorandum of Understanding (MoU) to offer easy financing options for MSMEs. TPSSL is one of India’s largest integrated solar companies and a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL). MSMEs that are willing to opt for rooftop solar PV plant or associated services […] Read more
Tata Power Gets DFC Backed USD 425 million For Cell and Module Plant in Tamil Nadu Updated On Mon, Sep 11th, 2023 by Saurenergy The U.S. International Development Finance Corporation’s (DFC) Board of Directors has approved the provision of up to USD 425 million in financing in TP Solar Limited, a subsidiary of Tata Power Renewable Energy Limited (TPREL), for its upcoming greenfield 4.3 GW solar cell and module manufacturing plant at Tirunelveli district in Tamil Nadu, India. DFC […] Read more
Tata Power EV Charging Solutions Partners with Zoomcar Updated On Fri, Aug 25th, 2023 by Saurenergy The EV charging arm of Tata Power, Tata Power EV Charging Solutions Limited (TPEVCSL), has signed an MoU with Zoomcar, a firm that delves in car sharing. The partnership will give an impetus to the adoption of electric vehicles (EV) on the national level. The agreement was signed between the two firms in Mumbai in […] Read more
Tata Steel Goes With Tata Power For 966 MW RTC Renewable Supply Updated On Fri, Jun 9th, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), through its subsidiary TP Vardhaman Surya Limited, has received a Letter of Award to set up 966 MW RTC (Round-the-clock) hybrid renewable power for Tata Steel. This is one of the biggest industrial RTC power PPAs under the group captive segment in the country. The project has the hybrid […] Read more
Tata Power RE Ltd (TPREL) Gets Second Slice of INR 2,000 Cr Infusion from GreenForest Updated On Thu, Mar 2nd, 2023 by Saurenergy Tata Power Renewable Energy Limited ((TPREL) is set to lead in the renewable business as it has received the second and final round of investment of INR 2,000 crore from GreenForest New Energies Bidco Limited (GreenForest). Tata Power has successfully allotted 20 crores compulsorily convertible preference shares (CCPS) at face value of ₹100 each at […] Read more
Tata Power Signals Strong EPC Recovery In Renewables At Q2 Analyst Meet Updated On Wed, Nov 2nd, 2022 by Saurenergy For Tata Power Limited, the FY 23 Q2 results have been a time to cheer, with record revenues and profits for the quarter. Total revenues at Rs 14, 163 crores were almost 50% higher than revenues in the corresponding quarter last year. Net profits came in even higher, up 85% at Rs 884 crores, versus […] Read more
