Tata Power wants to be an end-to-end power solutions company with a presence across the energy chain from generation to distribution to trading, and from solar manufacturing to solar utility at scale and rooftop EPC (engineering, procurement, and construction).
This includes a capex of ₹1.5 trillion, 23 gigawatt (Gw) green capacity (from 20Gw earlier) and a revenue target of ₹1 trillion and a profit target of two times or ₹10,000 crore by FY30. The target for renewable energy (RE) capacity is 15Gw by FY27, including 5.4Gw of existing renewables, and a contracted capacity of 4.5Gw. The granular details for T&D (transmission & distribution), cell & module manufacturing, and RE generation, as provided at the investors' meet, help enhance visibility.
This story is from the December 10, 2024 edition of Business Standard.
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This story is from the December 10, 2024 edition of Business Standard.
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