Tata power surges on commissioning 400 kV Koteshwar-Rishikesh transmission line
Tata Power Company is currently trading at Rs. 381.60, up by 5.25 points or 1.39% from its previous closing of Rs. 376.35 on the BSE.
The scrip opened at Rs. 376.45 and has touched a high and low of Rs. 382.30 and Rs. 376.45 respectively. So far 121074 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 443.20 on 10-Dec-2024 and a 52 week low of Rs. 326.25 on 17-Feb-2025.
Last one week high and low of the scrip stood at Rs. 386.85 and Rs. 369.75 respectively. The current market cap of the company is Rs. 121854.27 crore.
The promoters holding in the company stood at 46.86%, while Institutions and Non-Institutions held 26.85% and 26.28% respectively.
Tata power has commissioned 400 kV Koteshwar-Rishikesh transmission line, a critical link that will enable the evacuation of 1,000 MW of hydropower from the Tehri–Koteshwar generation complex in Uttarakhand to multiple northern states and UTs.
The project was executed under NRSS XXXVI Transmission (NRSS), acquired by Resurgent Power Ventures Pte, a joint venture promoted by Tata Power, ICICI Bank and global investors. The new line will channel clean, renewable energy not only to Uttarakhand but also to Haryana, Punjab, Uttar Pradesh, Jammu & Kashmir, Himachal Pradesh, Chandigarh, Rajasthan, and Delhi significantly strengthening regional energy security and grid reliability.
Constructed across some of the most challenging Himalayan terrain in New Tehri and Dehradun districts, the transmission line climbs to altitudes exceeding 1,816 meters above sea level. The project demanded extraordinary engineering ingenuity, from transporting materials through head-loading in remote mountainous regions to adhering to strict environmental norms while operating in forested zones. This line represents the third major commissioning milestone under the NRSS project. Earlier elements include the 400 kV LILO Sikar–Neemrana Double Circuit line (3.1 circuit km) and the 400 kV LILO Babai–Bhiwani Double Circuit line (222 circuit km). With its addition, the Company now has 7,083 cKm of transmission lines operational / under execution across India, further reinforcing its role in fortifying the nation’s electricity transmission backbone.
Tata Power Company is India’s largest integrated power company. It is a pioneer credited with steering the energy sector on technology, process and platform.
