Tata Power rises on buzz of plan to set up rooftop solar project in Odisha

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

21 Mar 2014 Evaluate

Tata Power Company is currently trading at Rs. 78.85, up by 0.80 points or 1.02 % from its previous closing of Rs. 78.05 on the BSE.

The scrip opened at Rs. 78.00 and has touched a high and low of Rs. 79.15 and Rs. 78.00 respectively. So far 81297 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 97.80 on 03-Apr-2013 and a 52 week low of Rs. 65.86 on 06-Aug-2013.

Last one week high and low of the scrip stood at Rs. 82.85 and Rs. 77.80 respectively. The current market cap of the company is Rs. 21304.26 crore.

The promoters holding in the company stood at 32.47 % while Institutions and Non-Institutions held 48.56 % and 15.78 % respectively.

Tata Power is reportedly planning to develop rooftop solar power project in Odisha with L&T and other three companies. The companies have enquired about the request for qualification (RFQ) tender floated by Green Energy Development Company (Gedcol), the nodal agency of the state government to develop on grid solar power in the state.

The rooftop solar energy project would cost around Rs 50 crore for installing equipment to generate 5 Mw power. The Gedcol will be providing the money from loan assistance financed by International Finance Corporation (IFC). The last date for applying to the RFQ proposal of the state undertaking is April 29. The interested bidders would be responsible for operation and maintenance of the project.

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

440.40 -0.95 (-0.22%)

05-May-2026 11:22 View Price Chart

Peers

Company Name	CMP
NTPC	396.30
Tata Power	440.40
Adani Power	231.70
Power Grid Corp	316.60
Torrent Power	1729.30
View more..

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