Tata Power Company Limited History, Latest Updates, Milestones, Subsidiaries & Share Price
Company Overview
Tata Power Company Limited, established in 1911 and a member of the Tata Group, is one of India's largest and oldest power utilities. Based in Mumbai, it has operations in power generation, transmission, distribution, and trading. The company has more than 14,000 MW of generation capacity, with a significant focus on clean energy, such as solar, wind, and hydro sources. Tata Power is also dynamically engaged in creation of electric vehicle charging infrastructure and solar rooftop solutions. Its strategic emphasis on sustainability and innovation facilitates India's energy transition and makes it the core player in India's changing power and renewable energy landscape.
Tata Power Company Ltd Moves In 2024 & 2025
February 2025
Tata Power's solar business unit won a major order of Rs.632 crore from SECI to deliver 292.5 MWp of solar panels under the Domestic Content Requirement (DCR) policy.
The company inked a strategic pact with the government of Assam to develop up to 5,000 MW of renewable energy projects, committing around Rs.30,000 crore in investments.
December 2024
Tata Power Renewable Energy Ltd (TPREL) signed an agreement with Canara Bank to boost rooftop solar installations under the government initiative PM Surya Ghar Muft Bijli Yojana.
The company reiterated its interest in India's burgeoning solar energy market, opting to prefer domestic supply against exports because of the high domestic demand.
November 2024
A collaborative project with Bhutan's Druk Green Power Corporation was initiated for generating up to 5,000 MW of renewable power in the region.
Tata Power launched a 126 MW solar project in Omkareshwar, Madhya Pradesh which is one of the largest floating solar plants in our country.
October 2024
Tata Power registered its highest ever quarterly net profit of Rs.1,533 crore in Q2 FY25, the 20th successive quarter of profitability.
September 2024
The company started producing solar cell at Tirunelveli, Tamil Nadu. It is now India's largest single-site solar cell factory.
August 2024
Tata Power announced its Q1 FY25 net profit of Rs.1,189 crore, marking its 19th quarter of consecutive profitability. Further, its ESG rating was upgraded to 'A' by MSCI.
July 2024
In its 105th Annual General Meeting, the firm presented a Rs.20,000 crore capital outlay plan for FY25 with a strong focus on renewables and power distribution.
June 2024
More than 850 electric bus charging points were commissioned on urban and intercity corridors, taking Tata Power's EV infrastructure presence higher.
For FY24, Tata Power reported a net profit of Rs.4,280 crore and declared a Rs.2 per share dividend. Total fiscal revenue was at Rs.61,542 crore.
April 2024
The company utilized AI and machine learning solutions in Mumbai’s power grid to manage increasing summer electricity demand efficiently.
March 2024
Tata Power observed Linemen Diwas in association with the Central Electricity Authority, recognizing the efforts of field staff in providing continuous power supply.
February 2024
The company reported Q3 FY24 net profit of Rs.1,076 crore and recorded a 15% YoY growth in EBITDA, its 17th consecutive quarter of positive performance.
January 2024
TPREL installed a 1,040-kW bifacial solar power plant at the Chengmari Tea Estate, which is Asia's largest tea estate. The project included innovative energy-efficient solar technology.
Tata Power Share Price Performance
Tata Power share price closed in March 2025 at Rs.383.40.
In February 2025, Tata Power share price was at Rs.339.20.
In December 2024, the Tata Power share price closed the month at Rs.392.40.
In November 2024, the Tata Power share prices closed at Rs.414.15.
In October 2024, the Tata Power share price closed at Rs.440.05.
In September 2024, the monthly Tata Power share price closed was at Rs.482.60, which was one of the highest in the year.
In August 2024, the Tata Power share price closed at Rs.434.65.
In July 2024, Tata Power share price closed at Rs.453.60.
In June 2024, the monthly closing of Tata Power share price was Rs.438.57.
In May 2024, Tata Power share price closed at Rs.434.74.
In April 2024, the Tata Power share price closed the month at Rs.447.18.
Evolution Of Tata Power Limited: From Past to Present
Early Years (1915–1927)
1915: Tata Power started operations with India's first hydroelectric power plant at Khopoli, Maharashtra.
1922–1927: Augmented hydro capacity with Bhivpuri and Bhira power plants, developing a robust renewable foundation early.
Thermal Expansion Phase (1956–1984)
1956: Commissioned a thermal power plant at Trombay to address increasing electricity demand.
1965: Added a 150 MW thermal unit, further boosting industrial supply.
1984: Commissioned one of India's first 500 MW multi-fuel thermal units.
Diversification and National Presence (1990–2000)
1990: Commissioned a second 500 MW unit at Trombay.
1997: Acquired the Jojobera coal plant in Jharkhand, reflecting geographical expansion.
2000: Consolidated diverse power businesses under Tata Power Company Limited.
Green Energy Beginnings (1996–2010)
1996: Initiated solar energy with a 110 kW unit at Lonavla.
2008: Forayed into wind and solar projects in Maharashtra.
2010: Installed rooftop solar on corporate offices in Mumbai.
Mega Projects and Tech Leap (2011–2013)
2011: Launched Maithon Mega Power project which is first PPP thermal power in our country.
2012–2013: Inaugurated the Mundra Ultra Mega Power Project based on cutting-edge supercritical technology.
Sustainable Power Push (2014–2020)
2013–2016: Augmented green portfolio with big-ticket solar and wind farms.
2018: Launched country's largest rooftop solar system for a sports complex in Mumbai.
2020: Built 100 solar microgrids in rural India to increase energy access.
Modernization and Renewable Drive (2021–2025)
2022–2023: Created more than 54,000 MUs of energy; brought approximately 600 MW of renewable capacity.
2024: Pledged Rs.75,000 crore investment to exceed 20 GW renewable capacity by 2030.
2025: Planned capacity rise at Prayagraj thermal power plant, indicative of hybrid energy strategy.
Tata Power Company Ltd Information
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Company Information |
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|
Trade Name |
Tata Power |
|
Founded year |
1919 |
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Headquarters |
Mumbai, Maharashtra, India |
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Industry |
Electric Utility |
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Chairman |
Mr. Natarajan Chandrasekaran |
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Managing Director |
Dr. Praveer Sinha |
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Revenue |
Rs. 598,879.2 million (FY2024) |
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Net Income |
Rs. 36,962.5 million (FY2024) |
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NSE code |
TATAPOWER |
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BSE code |
500400 |
Inside Tata Power Ltd
Corporate Actions (2025)
Q3 FY25 Results (Feb 2025): Tata Power reported an 8.2% YoY increase in consolidated net profit to Rs.1,031 crore. Total income increased to Rs.15,291 crore, as operational margins rose substantially, testifying to prudent cost management and robust performance in renewables.
AGM & MoU (March 2025): At its Annual General Meeting, Tata Power Delhi Distribution Limited joined hands with FSR Global to foster innovation in smart grid technology and regulatory studies, reflecting its emphasis on next-generation power solutions.
Subsidiary Highlights
Andhra Pradesh MoU (Mar 2025): Tata Power Renewable Energy Ltd (TPREL) entered into an agreement with the government of Andhra Pradesh to explore a maximum of 7,000 MW of solar, wind, and hybrid energy projects, which is one of its largest state-level deals.
Assam MoU (Feb 2025): An identical agreement was made with the Assam government for the construction of 5,000 MW renewable capacity, strengthening the northeast's clean energy targets.
Tata Steel RTC Project (April 2025): Tata Power Renewable Energy Ltd (TPREL) received the green light to set up a 966 MW full time hybrid renewable energy project for Tata Steel, which is expected to be operational by June 2025.
NTPC Agreement (April 2025): TPREL entered into a power agreement with NTPC to develop a 200 MW firm and dispatchable green energy project, enhancing its large-scale B2B energy solutions.
Major Developments
Coal Capacity Expansion After Six Years (April 2025): Tata Power announced its intention to add 1,600 MW of coal-based generation at its Prayagraj plant, marking its first move towards coal expansion in the past six years. The move deals with power demand woes and project slippage in the renewable energy space.
SECI Solar Module Order (March 2025): The firm won an order worth Rs.632 crore from SECI to supply more than 290 MWp of solar modules for an Andhra Pradesh project, with deliveries planned for late 2025.
Interest in Acquiring Discoms (March 2025): Tata Power has expressed interest in acquiring a number of underperforming state-owned electricity distribution companies, as part of India's wider effort to privatize and reform the power distribution industry.
Tata Power Share Price NSE
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Company Name |
Sector |
Share Price Link |
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Tata Power Company Ltd |
Utility |
Conclusion
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Frequently Asked Questions
What factors influence Tata Power share price?
Tata Power share is influenced by market demand, financial performance, and industry trends.
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What factors influence Tata Power share price movements?
Share price is impacted by renewable project updates, earnings, and government policies.
Is Tata Power share price affected by global energy trends?
Yes, global shifts in energy demand and green energy transitions affect Tata Power share price.
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