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Tata Power consistently meets guidance, inspires confidence
Business Standard
|December 10, 2024
On its Investor Day on December 6, Tata Power clarified its five-year strategy.
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 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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