Tata Power Targets Rs One Tn Revenue And Plans Nuclear Entry
POWER & RENEWABLE ENERGY

Tata Power Targets Rs One Tn Revenue And Plans Nuclear Entry

Tata Power has set targets of Rs one trillion (Rs 1 tn) in revenue and Rs 100 billion (Rs 100 bn) in profit after tax by 2030 and aims for a generation capacity of 30 gigawatt (GW). In financial year 2025-26 the company reported revenue of Rs 636.81 bn and a net profit of Rs 52.12 bn. Its generation portfolio has crossed 26 GW including pipeline projects, with 66 per cent classed as clean and green and operational capacity at 16.7 GW.

The firm has earmarked about Rs 1 tn in capital expenditure through 2029-30, with average annual investments of Rs 250 bn over the next four financial years. Tata Power plans to enter the nuclear sector with small modular reactors, noting discussions are underway and that government approval will be required. It will expand solar manufacturing with a new 10 GW project in Odisha and its four point three GW plant in Tirunelveli has been operational for about a year.

On pumped hydropower storage the group reported progress on the 1,000 MW Bhivpuri project and said work on the 1,800 MW Shirawta project is expected to begin soon. Battery energy storage systems are a key focus and Tata Power is working with Tata AutoComp Systems and its battery company on battery packs. The company will continue to expand wind capacity along the western and Tamil Nadu coasts and is considering opportunities between Tamil Nadu and Sri Lanka.

Tata Power has installed more than 200,000 electric vehicle home chargers and its transmission portfolio stands at 7,000 circuit kilometres (ckm), including a pipeline of more than 1,800 ckm and plans to expand beyond 10,000 ckm. In rooftop solar it installed nearly two GW in the last financial year, taking cumulative installations beyond four GW. Its distribution business serves more than 13.1 million (13.1 mn) consumers across seven distribution companies and aggregate technical and commercial losses have been reduced to 15 per cent since the takeover, with Odisha discoms paying dividends.

Tata Power has set targets of Rs one trillion (Rs 1 tn) in revenue and Rs 100 billion (Rs 100 bn) in profit after tax by 2030 and aims for a generation capacity of 30 gigawatt (GW). In financial year 2025-26 the company reported revenue of Rs 636.81 bn and a net profit of Rs 52.12 bn. Its generation portfolio has crossed 26 GW including pipeline projects, with 66 per cent classed as clean and green and operational capacity at 16.7 GW. The firm has earmarked about Rs 1 tn in capital expenditure through 2029-30, with average annual investments of Rs 250 bn over the next four financial years. Tata Power plans to enter the nuclear sector with small modular reactors, noting discussions are underway and that government approval will be required. It will expand solar manufacturing with a new 10 GW project in Odisha and its four point three GW plant in Tirunelveli has been operational for about a year. On pumped hydropower storage the group reported progress on the 1,000 MW Bhivpuri project and said work on the 1,800 MW Shirawta project is expected to begin soon. Battery energy storage systems are a key focus and Tata Power is working with Tata AutoComp Systems and its battery company on battery packs. The company will continue to expand wind capacity along the western and Tamil Nadu coasts and is considering opportunities between Tamil Nadu and Sri Lanka. Tata Power has installed more than 200,000 electric vehicle home chargers and its transmission portfolio stands at 7,000 circuit kilometres (ckm), including a pipeline of more than 1,800 ckm and plans to expand beyond 10,000 ckm. In rooftop solar it installed nearly two GW in the last financial year, taking cumulative installations beyond four GW. Its distribution business serves more than 13.1 million (13.1 mn) consumers across seven distribution companies and aggregate technical and commercial losses have been reduced to 15 per cent since the takeover, with Odisha discoms paying dividends.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code