SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Tata Power’s arm signs MoU with NHPC Renewable Energy

18 Jul 2024 Evaluate

Tata Power Company’s subsidiary -- Tata Power Renewable Energy (TPREL) has signed a Memorandum of Understanding (MoU) with NHPC Renewable Energy (NHPC-REL) to spearhead the installation of Rooftop Solar Projects (RTS Projects) across government buildings of Central Ministries, States, and Union Territories. This initiative, under the ambitious PM Surya Ghar Yojna Scheme, aims for 100% solarisation of government-owned buildings by December 2025.

This powerful alliance is set to support the transformation of India's energy landscape by harnessing the untapped potential of rooftop spaces on government buildings, fostering a cleaner and greener future. The Ministry of New and Renewable Energy (MNRE) has appointed NHPC as a Scheme Implementing Partner (SIP) to drive the RTS Projects, which will be carried out by its wholly owned subsidiary, NHPC-REL. TPREL, a distinguished leader in the solar energy sector, brings extensive expertise to ensure the seamless and timely execution of these projects.

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


Tata Power Share Price

430.15 -5.90 (-1.35%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 402.25
Tata Power 430.15
Adani Power 214.25
Power Grid Corp 319.00
Torrent Power 1735.65
View more..

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×