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Tata Power Company to invest Rs 20,000 crore towards capex in FY25

17 Jul 2024 Evaluate

Tata Power Company has planned to invest Rs 20,000 crore towards capital expenditure (capex) in FY25. A large part of the capex will be spent towards accelerating the company's renewable energy portfolio and balance towards transmission and distribution businesses. Besides, Tata Power will also explore participation in small modular nuclear reactors, once the government gives necessary permissions apart from new distribution expansion opportunities in other states. 

The company is aiming for 15 GW clean energy portfolio in 5 years from the existing 9 GW, both from existing and ongoing projects. It is also targeting 50 million consumers through distribution business expansion, from the present 12.5 million consumers. 

The company is also in the process of setting up a 4.3 GW solar cell and module manufacturing plant in Tamil Nadu. In the EV charging space, the company has 5,500 public and captive chargers in 530-plus cities, and 86,000-plus home chargers installed. 

Tata Power Company is India’s largest integrated power company.

Tata Power Share Price

435.05 7.60 (1.78%)
20-Apr-2026 14:46 View Price Chart
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