Tata Power gains as its arm breaks ground on 800 MW renewable energy project
Tata Power Company is currently trading at Rs. 379.85, up by 3.85 points or 1.02% from its previous closing of Rs. 376.00 on the BSE.
The scrip opened at Rs. 377.00 and has touched a high and low of Rs. 381.15 and Rs. 377.00 respectively. So far 254549 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 464.80 on 28-Apr-2026 and a 52 week low of Rs. 342.35 on 27-Jan-2026.
Last one week high and low of the scrip stood at Rs. 383.60 and Rs. 368.00 respectively. The current market cap of the company is Rs. 121359.00 crore.
The promoters holding in the company stood at 46.86%, while Institutions and Non-Institutions held 28.47% and 24.67% respectively.
Tata Power Company’s subsidiary -- Tata Power Renewable Energy (TPREL) has conducted the groundbreaking ceremony of its 800 MW renewable energy project. The project plays an important role in the company's commitment to accelerating India's clean energy transition through innovative and reliable renewable energy solutions. The project comprises 400 MW of wind power capacity (based out at Kanekallu, Ananthapuram) and 400 MW of solar power capacity (based out at Pattikonda, Kurnool).
TPREL will serve as the project developer for the wind asset, while Suzlon, will undertake the Engineering, Procurement, and Construction (EPC) scope for the wind component at Anathapuram. Suzlon is a leading wind turbine manufacturer and end-to-end wind energy solutions provider. The remaining 400 MW Project will be developed by TPREL for NTPC and will comprise 200 MW Firm and Dispatchable Renewable Energy (FDRE) project for NTPC. The FDRE project will incorporate a Battery Energy Storage System (BESS) with a storage capacity of 25 MW / 50 MWh. The balance 200 MW solar project capacity remains available for future allocation.
The project has secured 800 MW Inter-State Transmission System (ISTS) connectivity at the Ananthapuram II & Kurnool-4 CTUIL Substations, enabling efficient evacuation of renewable power through the national transmission network. The availability of ISTS connectivity provides a robust transmission network for efficient evacuation of power from the project. The project is being implemented in accordance with the Andhra Pradesh Integrated Clean Energy (ICE) Policy, which seeks to encourage large-scale investments in clean energy, accelerate renewable capacity addition, and promote sustainable industrial growth within the State.
