Tata Power plans to invest ₹20,000 crore in FY25, with the majority allocated to expanding its renewable energy portfolio. Chairman N. Chandrasekaran announced this investment at the company’s 105th annual general meeting, highlighting the company’s commitment to driving India’s green energy transition.
A significant portion of this investment will focus on increasing Tata Power’s renewable energy capacity from the current 9 GW to 15 GW within five years. The company also aims to grow its market share in the rooftop solar space under the PM Surya Ghar Yojana, targeting residential and commercial installations.
In addition to renewable energy, Tata Power will enhance its transmission and distribution operations to improve efficiency and reliability. The company plans to explore opportunities in small modular nuclear reactors, pending government approval, which could further diversify its energy portfolio.
Tata Power is well-positioned to lead the shift towards green energy, providing round-the-clock renewable energy solutions, especially to commercial and industrial consumers. This investment is part of a broader strategy to reach more consumers and expand its market presence.
