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.
Bu hikaye Business Standard dergisinin December 10, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Business Standard dergisinin December 10, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Epstein's 'remarkable' network was valuable, says Barclays ex-CEO
Lawyers for former Barclays Plc boss Jes Staley (pictured) argued that the disgraced financier Jeffrey Epstein had \"the most remarkable network of contacts\" that benefited Staley professionally, as they kicked off a court challenge against his lifetime ban from financial services.
MGNREGA work demand remains higher for fourth straight month
Households demanding work under the MGNREGA scheme remained higher than the last year for the fourth straight month in February. According to the latest data, around 21.8 million households have sought work under the scheme in February 2025, nearly 3 per cent more than the same month last year.
New Sebi chief meets employees to address their concerns
Tuhin Kanta Pandey, the newly appointed chairperson of the Securities and Exchange Board of India (Sebi), hit the ground running on his first day on Monday by meeting employees to address their concerns over morale, targets, and key responsibility areas (KRAs).
Woman Credit Seekers Up 3x in 5 Yrs
Women Borrowers Increased at 22% CAGR Between 2019 and 2024
Bata India bats for footwear PLI to boost output, exports
Footwear major Bata India backed the need for a production-linked incentive (PLI) scheme in the footwear sector, saying that such support from the government will strengthen manufacturing wherewithal, increase exports, and position India as a base for global supplies.
Oscars 2025: Anora Steals the Show With 5 Awards
Anora, a drama about a sex worker who marries the son of a Russian oligarch, took home the best picture prize at the Academy Awards on Sunday.
Stricter disclosure norms for IPO-bound firms okayed
The Securities and Exchange Board of India (Sebi) has introduced stricter Key Performance Indicator (KPI) disclosures for initial public offers (IPOs).
Improving transparency
Efficient cash management can improve outcomes
Lagging behind in mineral geopolitics
The quest for minerals and other resources drove European colonial expansion from the 1500s onwards.
MUTUAL FUND SCHEMES' MERGER Stay invested if new fund syncs with your goal, risk appetite
Tata Mutual Fund has announced the merger of Tata Quant Fund into Tata Flexi Cap Fund.
