Tata Power surges as its arm commissions 10 MW solar power plant in Karnataka

Tata Power Company Ltd. | Power Generation/Distribution | Power | BSE: 500400 | NSE: TATAPOWER

23 Oct 2013 Evaluate

Tata Power Company is currently trading at Rs 83.35, up by 1.35 points or 1.65% from its previous closing of Rs 82.00 on the BSE.

The scrip opened at Rs 82.45 and has touched a high and low of Rs 83.90 and Rs 82.45 respectively. So far 164891 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 1 has touched a 52 week high of Rs 113.20 on 05-Dec-2012 and a 52 week low of Rs 68.25 on 06-Aug-2013.

Last one week high and low of the scrip stood at Rs 82.55 and Rs 78.35 respectively. The current market cap of the company is Rs 19459.19 crore.

The promoters holding in the company stood at 32.47% while Institutions and Non-Institutions held 48.38% and 15.97% respectively.

Tata Power Solar (TPS), a 100% subsidiary of Tata Power has successfully commissioned a 10 MW solar power plant for Jindal Aluminium (JAL) in Chitradurga, Karnataka, in June 2013. Executed in a record timeframe of four months from the day the land was made available, the solar power plant is Karnataka’s largest till date. The plant will produce over 18 million KWH annually (over 1.80 crore units) of solar power, covering the annual energy needs of over 70,000 Indian households.

JAL, India’s leading manufacturer of aluminium extruded profiles, foils and sheets with a turnover of Rs 1,300 crore, advocates the use of clean energy. It has a strong presence in renewable energy through its 12.04MW wind power project in Chitradurga. JAL adopted solar energy since it has emerged as the most important source of renewable energy. Due to Tata Power Solar’s market leadership, 24 years of strong technical expertise and excellent work ethics, JAL awarded this 10MW project to the company.

Tata Power is India's largest integrated power company with a significant international presence. The Company has an installed generation capacity of 8521 MW in India and a presence in all the segments of the power sector viz. Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.

Tata Power Share Price

375.30 -1.00 (-0.27%)

03-Jul-2026 15:37 View Price Chart

Peers

Company Name	CMP
NTPC	356.45
Tata Power	375.30
Power Grid Corpn.	288.00
Adani Power	221.90
Torrent Power	1372.00
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