Tata Power targets domestic solar projects, to offer easy loans
9 months, 2 weeks ago

Tata Power targets domestic solar projects, to offer easy loans

New Indian Express  

CHENNAI: Tata Power Solar Systems Limited has expanded tie-ups to finance unsecured loans for residential solar projects along with commercial and industrial projects. TPSSL has extended the loan limits of up to `15 lakh for residential and `16 crore for commercial and industrial customers, the company said in exchange filings on Tuesday. This will help households and businesses access solar energy and give ample time for repayment. Deepesh Nanda, CEO and Managing Director of Tata Power Renewable Energy Limited said, “We believe that the access to easy financing will mainstream the roof-top solar adoption among the residential segment in the country and replicate the success of the C&I segment as witnessed in our first phase of association.”

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History of this topic

Tata Power ties up with ADB for financing clean energy projects worth $4.25 bn
1 month ago

Tata Power ties up with ADB for financing clean energy projects worth $4.25 bn

Live Mint  

New Delhi: Tata Power has signed a memorandum of understanding with the Asian Development Bank for financing clean energy projects worth $4.24 billion in India. A statement from Tata Power said that the scope of the MoU includes evaluation of financing for several key ongoing projects such as the 966-MW solar-wind hybrid project, pump storage projects and other initiatives around …

No business dealings with Adani Group, only SECI: Tamil Nadu power minister
1 month ago

No business dealings with Adani Group, only SECI: Tamil Nadu power minister

India Today  

Power minister Senthil Balaji clarified that for the past three years, there was no business relationship between DMK-led state government’s Tamil Nadu Electricity Board and the Adani Group. According to Balaji, Tamil Nadu signed a power agreement only with the Solar Energy Corporation of India Limited, which is a central government entity. Speaking to reporters in Karur, Balaji stated: “Keeping …

Stocks to Watch: Cipla, Dixon Tech, Oberoi Realty, Tata Power, Barbeque Nation
1 year, 2 months ago

Stocks to Watch: Cipla, Dixon Tech, Oberoi Realty, Tata Power, Barbeque Nation

Live Mint  

Here are the top ten stocks that will be in focus today Cipla: Promoters of India’s fourth-largest drugmaker are in advanced talks with two consortiums—one led by Torrent Pharmaceuticals Ltd, with the participation of prominent family offices, and the other a group of buyout firms led by BPEA EQT and General Atlantic—to sell a controlling stake for $6-7 billion, two …

U.S. agency approves USD 425 million financing for Tata Power’s solar cell, module manufacturing plant in T.N.
1 year, 3 months ago

U.S. agency approves USD 425 million financing for Tata Power’s solar cell, module manufacturing plant in T.N.

The Hindu  

The U.S. International Development Finance Corporation’s board has approved a provision of up to USD 425 million in financing for Tata Group’s upcoming greenfield 4.3 GW solar cell and module manufacturing plant, in Tirunelveli. TPREL is a subsidiary of Tata Power Company Limited The plant’s first module production is expected by the end of the year, and the first cell …

Tata Power’s TPSL to add 200 MW of solar power to Rajasthan grid by 2024
1 year, 7 months ago

Tata Power’s TPSL to add 200 MW of solar power to Rajasthan grid by 2024

Live Mint  

New Delhi: TP Saurya Ltd, a subsidiary of Tata Power Renewable Energy Ltd on Friday signed a power purchase agreement with Tata Power Trading Company Ltd to set up a 200MW solar project in Bikaner, Rajasthan. According to a statement by TPREL, the solar plant is expected to be commissioned by March 2024 and will be connected to the Central …

Tata Power to invest Rs 6,000 cr for reliable power in Odisha
2 years ago

Tata Power to invest Rs 6,000 cr for reliable power in Odisha

Deccan Chronicle  

BHUBANESWAR: Tata Power, one of India’s largest integrated power companies, will spend Rs 6,000 crore in Odisha on system improvements through technology adoptions, building and strengthening the physical infrastructures for reliable and quality power to consumers across segments, including domestic, industries and agriculture. Speaking to this newspaper on the sidelines of ‘Make in Odisha Conclave 2022,’ Tata Power CEO & …

Tata Power’s renewable energy wing to set up 150 MW solar project in Solapur
2 years, 1 month ago

Tata Power’s renewable energy wing to set up 150 MW solar project in Solapur

Live Mint  

The company has received a "letter of award" for the construction of a 150 MW solar project in Solapur, Maharashtra, according to Tata Power Renewable Energy. "Tata Power Renewable Energy Ltd, a subsidiary of Tata Power receives the 'Letter of Award' from the Maharashtra State Electricity Distribution Corporation Ltd to set up 150MW solar project in Solapur, Maharashtra," it said …

Tata Power Renewable Energy to set up 150 MW solar project in Maharashtra
2 years, 1 month ago

Tata Power Renewable Energy to set up 150 MW solar project in Maharashtra

Live Mint  

NEW DELHI: Tata Power Renewable Energy, a subsidiary of Tata Power, on Wednesday received a letter of award from the Maharashtra State Electricity Distribution Corp. Ltd. to set up a 150MW solar project in Solapur, Maharashtra. “We feel honoured to receive the LoA from MSEDCL for the 150MW solar project. The award is in line with our commitment to create …

Tata Power arm commissions India’s largest floating solar project
2 years, 5 months ago

Tata Power arm commissions India’s largest floating solar project

The Hindu  

Tata Power Solar Systems on Saturday said it has commissioned India’s largest floating solar power project of 101.6 Megawatt Peak in Kerala backwaters. “The commissioning of India’s first and largest floating solar project is an innovative and incremental step toward meeting India’s sustainable energy goals,” said Praveer Sinha, CEO, and MD, Tata Power. Interestingly, all the solar modules used in …

Tata Power shares: Anand Rathi has ’Buy’ rating with revised target price
2 years, 10 months ago

Tata Power shares: Anand Rathi has ’Buy’ rating with revised target price

Live Mint  

Tata Power is one of India’s largest integrated power companies and together with its subsidiaries and jointly controlled entities, has an installed/managed capacity of 13,171 MW. The company's consolidated net profit rose 71% to ₹426 crore for the third quarter from ₹248 crore reported in corresponding period of the last year. “With a focus on sustainable and clean energy development, …

Tata Motors, Tata Power Open India’s Largest Solar Carport in Pune, to Reduce 7,000 Tons of Carbon Emissions Yearly
3 years, 6 months ago

Tata Motors, Tata Power Open India’s Largest Solar Carport in Pune, to Reduce 7,000 Tons of Carbon Emissions Yearly

News 18  

Tata Motors and Tata Power have jointly inaugurated India’s largest grid-synchronized, behind-the-meter solar carport at the Tata Motors car plant in Chikhali, Pune. The 6.2 MWp solar carport deployed by Tata Power will generate 86.4 lakh kWh of electricity per year and is estimated to reduce 7,000 tons of carbon emissions annually and 1.6 lakh tons over its lifecycle. Our …

Indian Bank, Fortis, Adani Green Energy: Here are the Top Stocks in Focus Today
3 years, 11 months ago

Indian Bank, Fortis, Adani Green Energy: Here are the Top Stocks in Focus Today

News 18  

SGX Nifty, which acts as an indicator for Nifty50 and Sensex, was trading 4.50 points or 0.03 percent lower at 13,977.00 at 7 am. Here is the list of the best stocks for investors today: Shriram Transport Finance: In order to raise funds, the company has approved allotment of Rs 240 crore Non-convertible debentures. Ortin Laboratories: The company’s scheme of …

Green energy developers steer clear of China funding links
4 years, 2 months ago

Green energy developers steer clear of China funding links

Live Mint  

Indian green energy promoters have told deal advisors to ensure there’s no China connection to inbound funds, according to several developers currently raising funds. Potential deals include Acme Solar looking to sell 4.84 GW of solar projects; Petroliam Nasional Bhd looking to acquire around 10% stake in Tata Power Renewable Energy Limited, in addition to investing in Tata Power renewable …

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