Tata Power invests $750 billion in green energy

11 Jul 2022 CW Team

Tata Power, with a pragmatic approach, plans to invest $750 billion in renewable energy over the next five years to achieve a net-zero carbon target. By adding 707 MW of renewable capacity in 2021-22 (FY22), it will spend $100 billion in 2022-23 (FY23), bringing the total capital expenditure during the fiscal year to $140 billion.

At the company’s 103rd annual general meeting, Chandrasekaran, Chairman of Tata Sons, stated that the company has seen a 34% increase in its green portfolio and aims to increase this to 60% in the next five years.

As India accelerates its transition to green energy, green energy players such as Reliance Industries and Adani Enterprises have made significant investments in the renewable energy sector. Tata Power Managing Director Praveer Sinha stated that the company would transition away from investing in coal-based power units in order to achieve net-zero carbon emissions by 2050, which was then pushed back to 2045.

In order to achieve this goal, the company has invested Rs 30 billion in the establishment of a 4 GW solar cell and module manufacturing capacity in Tamil Nadu. The company also had a Rs 130 billion order book for solar energy, as well as a focus on growing consumer-centric and new-age energy solutions, said Chandrasekaran.

Also Read:
Tata Power & Tata Motor collaborates to build 7 MWp solar project in Pune..
Delhi's IGI Airport to be net-zero carbon emission airport by 2030
India relieves rules to allow easy transition to green energy

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..