Tata Power in consortium with SN Power Norway has bagged the “Dugar Hydro Electric Project” in Chenab Valley, Himachal Pradesh. The 236-MW project is estimated to cost about Rs 2,300 crore. Tata Power and SN Power entered into an exclusive partnership in 2009 to develop hydropower projects in India and Nepal. The Dugar project will be developed by a special purpose vehicle and the pre-implementation agreement will be signed with the Directorate of Energy, Himachal Pradesh. A detailed exploration and design study will be undertaken to finalise implementation.
The Tata Power-SN Power consortium is also working on developing the 880 MW Tamakoshi 3 Project in Nepal for which they have an exploratory licence. Tata Power has over 3,000 MW through hydro, thermal, solar and wind energy with an additional 5,500 MW in construction. It currently has 447 MW of operational hydro power in Maharashtra, which feeds power to Mumbai and about 114 MW from Dagachhu Hydro Project under construction in Bhutan in joint venture with Druk Green Power Company, Bhutan.crackcrack
| Company Name | CMP |
|---|---|
| NTPC | 393.65 |
| Tata Power | 427.45 |
| Adani Power | 198.40 |
| Power Grid Corp | 318.05 |
| Torrent Power | 1565.30 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: