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Tata Power Solar

UEA’s Princeton Digital Group & Tata Power Collaborate For RE Supply to Indian Data Centre

UAE-based Mubadala Investment Company has announced a partnership between its investee firms, Princeton Digital Group (PDG) and Tata Power Renewable Energy Limited. This collaboration was meant to utilise green power for a Mumbai-based data center. With this collaboration, eco-friendly electricity will be supplied to the PDG’s flagship data centers in India. As per the agreement, […]

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Tata Steel Goes With Tata Power For 966 MW RTC Renewable Supply

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 […]

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J&K Offers Mega Subsidies On Solar Panels, Solar Pumps

Jammu and Kashmir Chief Secretary Arun Kumar Mehta, in his latest announcement, said that the power consumers wishing to install rooftop solar in the state would get a 65 percent subsidy from the government. In comparison, those opting for solar-powered pumps would get up to 80 percent subsidy. With the latest move, the deployment of […]

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MSEDCL Gets Nod For Long-Term Solar Power Procurement At Rs 2.90/unit  

The Maharashtra Electricity Regulatory Commission (MERC), in its latest judgment, allowed the Maharashtra State Electricity Distribution Company (MSEDCL) to procure solar energy from the state’s 500 Megawatt (MW) grid-connected intra-state solar projects (Phase-IX) at the rate of Rs 2.90 per kilowatt. The decision came after the discom moved the Commission seeking their approval. The discom, earlier […]

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PTC To Purchase 100 MW Solar Power From Brookfield Renewables

PTC India – that offers power trading solutions – has announced that it has inked an agreement with Brookfield Renewables. Under the scheme of things, PTC India will purchase 100 MW of solar energy from Brookfield on a long term basis. The agreement says that there is also an option to raise the power capacity […]

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Yes Bank Announces ‘YES KIRAN’ Solar Financing Scheme For MSMEs

Private sector bank – Yes Bank, which has come back to life after an RBI led intervention – has come up with a novel lending proposition that will help expand the solar power systems in the country in decentralised manner. Yes Bank has announced the launch of its new lending scheme called ‘YES KIRAN’ under […]

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Tata Power Q4 Results- Strong Growth In Key Operational Metrics For FY23

Tata Power has announced its annual and Q4 financial performance report for Fy23. In a media statement, the power company said that in the Financial Year (FY) 23, the company reported growth in its revenue, Profit After Tax (PAT), and Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA).  Tata Power said that its PAT rose […]

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