Tata Power is a leading integrated power company and a part of the Tata group, India’s largest multi-national business conglomerate.

The company has a diversified portfolio of 14,707 MW, spanning across the entire power value chain - from renewable and conventional energy generation to transmission & distribution, trading, storage solutions and solar cells and module manufacturing.

As a pioneer of clean energy transition in India, Tata Power has 5,847 MW of clean energy generation, which constitutes 40% of its total capacity. The company has also committed to achieve carbon neutrality before 2045.Tata Power has established India’s most comprehensive clean energy platform, with offerings such as rooftop solar, microgrids, storage solutions, EV charging infrastructure, home automation et al. The company has also attracted global investors to support its growth and vision. Tata Power has successfully partnered with public and private entities in generation, transmission & distribution sectors in India, serving approximately 12.5 million customers across the country.

Sustainability

Sustainability being a core philosophy, Tata Power leads the industry in clean and sustainable solutions for customers and the community.

Clean energy generation

Pioneering hydropower generation in India in 1915 with the first hydro station at Khopoli in 1915, Tata Power today has 30% of clean energy generation in its portfolio including solar and wind generation. They aim to grow this to 40-50% in the next few years.

Next-generation customer solutions

Tata Power established Mumbai’s first set of Electric Vehicle charging stations in Mumbai. Now present in Mumbai, Delhi and Hyderabad, they provide charging solutions making India EV Ready.

Tata Solar is present across the renewables value chain, from solar manufacturing to customer rooftop solutions.  Being India's #1 rooftop solar provider, Tata Power is continuously delivering green technology for the smart consumer.

Club Enerji

The company has pioneered initiatives to increase public awareness about energy conservation through Club Enerji – a resource conservation club that works with schools and children. Over 10 years,  the initiative has covered more than 553 schools, senstitized more than 19 million citizens and saved around 33  million units of energy. 

Mahseer Conservation Project

This is the company’s flagship biodiversity program to save the endangered species of freshwater fish – Mahseer. Started more than four decades ago, the program is a call-to-action to create awareness and sensitization, coupled with a successful captive breeding program. 

Business Highlights

Renewables enabling a strategic transition towards Green Energy 

• Renewable portfolio capacity stands at 10 GW, inclusive of 5.5 GW in the implementation pipeline
• Tata Power Renewable Energy Ltd.’s (TPREL) utility scale EPC order book stands at 2.6 GW worth ₹ 13,400 crore. Rooftop solar and Group Captive EPC order book stands at ₹ 2,900 crore
• 4.3 GW Cell & Module manufacturing facility in Tirunelveli, Tamil Nadu has commenced production in Q4FY24. The Company also received approval from DFC's Board of Directors for $ 425 million in financing for the plant
• TPREL signed an MoU with the Government of Gujarat to develop 10 GW of renewable energy across multiple sites. The Company also entered into an MoU with the Government of Tamil Nadu with a proposed investment of ₹70,000 crore in the next few years
• Tata Power Solar Systems Ltd. (TPSSL) commissioned India’s largest solar and battery energy storage project in Chhattisgarh, comprising 100 MW solar and 120 MWh utility scale Battery Energy Storage System
• TP Saurya Ltd commissioned a 200 MW solar project at Bikaner, Rajasthan; Project to be integrated into the Central Transmission Utility Bus to ensure the distribution of clean energy across the region
• TPREL commissioned a pioneering 1040 kW Bifacial Solar System project at Chengmari which is Asia’s largest Tea Estate. This is the first-ever installation of on-ground bifacial modules in Eastern India
• TPREL secured a Letter of Award for the development of 1.3 GW Firm and Dispatchable Renewable Energy (FDRE) project from SJVN Limited
• TPREL Rooftop-Solar portfolio crossed the milestone of 2 GW, retaining the highest market share in the segment for the ninth year in a row
• TPSSL and Union Bank renewed their partnership to boost rooftop solar adoption among residential consumers
• TPRMG signed an MoU with C-DAC, Trivandrum, to develop and deploy microgrid technology

Transmission & Distribution supports business growth

• Tata Power acquired Bikaner-III Neemrana-II Transmission Limited to evacuate 7.7 GW of renewable energy from the Bikaner complex in Rajasthan for ₹ 1,500 crore
• Transmission portfolio stands at 6250+ Ckm
• The Company acquired its first ever Greenfield Intra State Transmission project under the TBCB process in Uttar Pradesh - Jalpura Khurja Power Transmission Limited, for ₹ 800 crore
• Reached a milestone of 10 lakh smart meter installations across its Discoms in Mumbai, Delhi and Odisha. It plans to reach 15 lakh smart meter installation marked by FY25 with a planned capex of ₹760 crore
• The company signed a contract to implement ₹1,744 crore smart metering project for Chhattisgarh State Power Distribution Company Limited (CSPDCL)
• FY24 saw the four Odisha Discoms reducing their AT&C losses (excl. past arrears) from 21.5% in FY23 to 18.8% in FY24; Overall cumulative reduction in AT&C losses stand at 11.3 %

Enabling E-Mobility Across India

• Tata Power EZ Charge has energized a total of ~5,500 public and captive EV charging points across 530 + cities, along with 86,000+ home chargers and 850+ bus charging points
• Pan-India EV Charging network achieved a milestone of powering 10 crore green kms
• Tata Power now has 1,000 green energy-powered EV charging points in Mumbai
• Tied up with IOCL to set up over 500 charging points across India
• Signed PPA with BluSmart to decarbonize their EV mobility at scale by providing clean energy supply
• Signed MoUs with the Ayodhya Development Authority and Government of Assam to set-up EV charging infrastructure
• Partnered with the Airport Authority of India to deploy EV chargers in Kolkata and Ranchi
• Partnered with Le Roi Hotels and Resorts to power 'Green Tourism’, installed EV chargers across 8 tourist locations
• 5000+ RFID cards enabling hassle free single tap EV charging facility

CSR and Environmental stewardship for a better tomorrow

• Tata Power becomes the first Integrated power company in India with approved Science based Target Initiatives (SBTi)
• Tata Power and Skill Council for Green Jobs joined hands to boost green energy skills in the country
• To promote biodiversity in the Western Ghats, Tata Power collaborated with the ICICI Foundation to launch ‘Project GhanVan’ - a visionary tree plantation programme

Employer of Choice

• Tata Power emerged as the India's ‘Most Attractive Employer Brand’, according to Randstad India's REBR 2023 report
• Recognized as ‘Best Employer 2023' by Kincentric India for its commitment to employee excellence
• Recognized by Fortune India as “Employer of the Future” in 2023 for the second consecutive time

Awards & Recognition

• Tata Power Mumbai Distribution honoured with the prestigious "Energy Company Award " & "Employee Safety Award" at the Economic Times Middle East Energy Leadership Summit 2024 in Dubai
• Tata Power Mumbai Distribution awarded the prestigious IPPAI Power Award 2024 which recognizes innovative "Energy Conservation - Demand Response Program" at the 24th Regulatory and Policy Makers event
• 12th Integrated Rating & Ranking of Power Distribution Utilities for period FY23 saw TP Central Odisha Discom Ltd (TPCODL), TP Northern Odisha Distribution Ltd (TPNODL) and TP Western Odisha Distribution Ltd (TPWODL) score A+ rating and Tata Power-Delhi Distribution Ltd score ‘A’ rating across the Discoms nationally