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Phasing out old coal plants can free space for 60 GW renewable power: Praveer Sinha, TATA power

By : Sustainability ..., Sep 11, 2020

New Delhi: Closing old coal plants which have been in operation for 25-30 years can create space for setting up 60 Gigawatt of renewable energy, according to Praveer Sinha, Managing Director (MD) & CEO, Tata Power. He was speaking at a report launch webinar organized by...

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Dutch pension fund APG keen to buy into Tata Power’ clean energy InvIT

By : Sustainability ..., Jun 11, 2020

Dutch pension fund manager APG Asset Management NV has evinced interest in acquiring a 51% stake in Tata Power’ renewable energy infrastructure investment trust (InvIT), said two people aware of the development. InvITs are trusts that manage income-generating infrastructure...

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TATA Power to Deploy Superfast EV Chargers at Select MG Motor India Dealerships

By : Sustainability ..., Jun 8, 2020

With an aim to contribute towards electric vehicle (EV) revolution in the country, utility giant Tata Power and MG Motor India, which offers luxury SUV cars in India, have signed a Memorandum of Understanding (MoU) on Monday. As per the MoU signed, Tata Power will deploy 50KW...

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Petronas eyes stake in Tata Power's InvIT

By : Sustainability ..., Jun 5, 2020

Malaysian state oil and gas company Petroliam Nasional Bhd (Petronas) is in active negotiations with the Tata Group to become a key investor in Tata Power's planned renewable energy infrastructure investment trust (InvIT) as India's leading utility looks to unlock value and...

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Tata Power eyes Rs 3,000-crore divestment, revamp of green assets to cut debt

By : Sustainability ..., Jun 2, 2020

Tata Power Company hopes to raise about Rs 3,000 crore from divestment of non-core operations and restructuring the renewable energy business with an aim to cut debt by at around 40% this financial year. The company, which has an installed capacity of 12,742 megawatts, hopes...

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Tata Power to Expand EV Charger Network to 700 by FY21

By : Sustainability ..., May 29, 2020

In line with Tata Group’s ambition of expanding into e-mobility space via group companies, utility giant Tata Power on Thursday disclosed its substantial investment plan of expanding its network of smart electric vehicle (EV) charging points to around 700 by FY21. The country...

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Tata Power’s Renewable Portfolio Grows 7% to 3,883 MW in Q4 FY20

By : Sustainability ..., May 27, 2020

Utility giant Tata Power on Wednesday reported a 7 percent surge in its renewable energy portfolio, which includes clean and green energy projects, and stood at 3,883 MW from the corresponding quarter in FY19. The country’s one of the largest integrated power company said...

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Tata Power’s Renewable Arm Wins 300 MW Solar Project from NTPC

By : Sustainability ..., Apr 8, 2020

Tata Power Solar, the renewable arm of utility giant Tata Power, has received a Letter of Award (LoA) from NTPC to develop 300 MW grid-connected solar project under CPSU Scheme Phase-II. Bangalore-headquartered Tata Power Solar has won this solar photovoltaic (PV) project...

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Tata Power expands rooftop solar service to 90 cities across India

By : Sustainability ..., Mar 20, 2020

Tata Power on Thursday said it has expanded its rooftop solar service to 90 cities across the country. The big rollout from Tata Power comes at a time when consumers across all major categories including commercial, industrial, residential and public sector are adopting solar...

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JLR India, Tata Power to partner for EV charging infrastructure

By : Sustainability ..., Mar 6, 2020

Jaguar Land Rover (JLR) India said on Thursday it has entered into a partnership with Tata Power to offer end-to-end electric vehicle charging solutions. Tata Power will provide charging solutions for Jaguar Land Rover in India across its retail network of 27 outlets in 24...

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