+
Tata Power Gets LoI for 400 kV Maharashtra Line
POWER & RENEWABLE ENERGY

Tata Power Gets LoI for 400 kV Maharashtra Line

Tata Power Company said it has received a letter of intent from REC for the acquisition of Jejuri Hinjewadi Power Transmission, a special purpose vehicle set up to develop a key 400 kV transmission corridor in Maharashtra.

The project will be executed on a Build-Own-Operate-Transfer basis, with the SPV providing transmission services for 35 years. It involves construction of around 115 kilometres of 400 kV double-circuit transmission line between Jejuri and Hinjewadi, along with extension of 400 kV GIS line bays at both substations. The approved annual transmission charge for the project is Rs 1.56 billion, and the corridor is expected to be operational within 24 months from the date of SPV transfer.

Tata Power is engaged across the power value chain, including generation, transmission and distribution, and is progressively shifting its portfolio towards renewable energy. The company also manufactures solar rooftop systems and plans to set up 100,000 electric vehicle charging stations by 2025, positioning itself as India’s largest vertically integrated power utility.

In the second quarter of FY26, Tata Power reported a marginal decline in consolidated net profit of 0.8 per cent to Rs 9.19 billion, while revenue from operations fell 1 per cent year on year to Rs 155.45 billion. Shares of Tata Power ended 0.18 per cent higher at Rs 380.80 on the BSE.

Tata Power Company said it has received a letter of intent from REC for the acquisition of Jejuri Hinjewadi Power Transmission, a special purpose vehicle set up to develop a key 400 kV transmission corridor in Maharashtra. The project will be executed on a Build-Own-Operate-Transfer basis, with the SPV providing transmission services for 35 years. It involves construction of around 115 kilometres of 400 kV double-circuit transmission line between Jejuri and Hinjewadi, along with extension of 400 kV GIS line bays at both substations. The approved annual transmission charge for the project is Rs 1.56 billion, and the corridor is expected to be operational within 24 months from the date of SPV transfer. Tata Power is engaged across the power value chain, including generation, transmission and distribution, and is progressively shifting its portfolio towards renewable energy. The company also manufactures solar rooftop systems and plans to set up 100,000 electric vehicle charging stations by 2025, positioning itself as India’s largest vertically integrated power utility. In the second quarter of FY26, Tata Power reported a marginal decline in consolidated net profit of 0.8 per cent to Rs 9.19 billion, while revenue from operations fell 1 per cent year on year to Rs 155.45 billion. Shares of Tata Power ended 0.18 per cent higher at Rs 380.80 on the BSE.

Next Story
Infrastructure Transport

Second Mountain Tunnel Breakthrough in Palghar Advances High Speed Rail

The Mumbai-Ahmedabad high speed rail (MAHSR) project reached a milestone with the breakthrough of a mountain tunnel in Palghar, Maharashtra. Mountain tunnel MT-six measures 454 metres long and 14.4 metres wide and will accommodate up and down tracks. The breakthrough follows MT-five near Saphale on second January 2026 and the MT-six excavation was completed from both ends using the New Austrian Tunnelling Method. The ministry reported that the tunnelling was completed within 12 months. The New Austrian Tunnelling Method is favoured for its flexibility in complex geology and irregular tunnel s..

Next Story
Infrastructure Transport

Modi Government Pushes Atmanirbhar Container Drive With BCSL MoU

The Union Government advanced a plan to create an integrated, domestically anchored container ecosystem with the signing of a Memorandum of Understanding to establish the Bharat Container Shipping Line (BCSL). The MoU was signed by key agencies including the Shipping Corporation of India and Container Corporation of India alongside major port authorities and Sagarmala Finance Corporation Limited under the Ministry of Ports, Shipping and Waterways, in the presence of senior ministers. The initiative aligns with the Container Manufacturing Assistance Scheme announced in the Union Budget 2026–2..

Next Story
Infrastructure Urban

Ministry Reports Gains In Mobility For Marginalised Communities

The Ministry of Social Justice and Empowerment is implementing skill development, education and rehabilitation schemes to promote socio-economic mobility and sustainable livelihoods for marginalised and disadvantaged communities across the country. Programmes target Scheduled Castes, Other Backward Classes, Economically Weaker Sections, De-notified Tribes and Safai Karamcharis through specialised implementing corporations and empanelled training institutes. Pradhan Mantri Dakshata Aur Kushalta Sampann Hitgrahi Yojana, or PM-DAKSH, provided skill training and placement support through the Nati..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App