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 this plant were safely transported, unloaded, and stored on a limited parcel of land for about 35 days by Tata Power Solar, it said. Ashish Khanna, President – Renewables, Tata Power, said the project reinforces Tata Power Solar's commitment to leading India's transition towards a greener future and achieving the collective vision of realizing 500 GW of energy through solar power by 2030.

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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 …

Tata Power, Druk Green Power to develop 5,000 MW green energy projects in Bhutan
1 month ago

Tata Power, Druk Green Power to develop 5,000 MW green energy projects in Bhutan

Live Mint  

New Delhi: Tata Power Company Ltd has entered into a strategic partnership with Druk Green Power Corporation Ltd to develop at least 5,000 MW of clean energy generation capacity in Bhutan. “Tata Power's partnership with Druk Green Power Corporation reinforces our credentials as the most preferred clean energy partner in the region. With the support of the Royal Government of …

Tata Power’s execution timelines in spotlight
1 month, 2 weeks ago

Tata Power’s execution timelines in spotlight

Live Mint  

MUMBAI : Tata Power Co. Ltd's shares have had a stellar run in the past year, soaring as much as 77% compared to the 25% returns of the Nifty50. One factor driving investor sentiment is the improved outlook on the back of the ramp-up in the solar module manufacturing plant and commissioning of the solar cell production plant. Recently released …

Tata Power's Captive Hydropower Gives it a Competitive Edge in Race for Pumped Storage Power
1 month, 2 weeks ago

Tata Power's Captive Hydropower Gives it a Competitive Edge in Race for Pumped Storage Power

Live Mint  

Tata Power will be able to boost its renewable energy generation capacity with its captive hydropower plants, with the potential to deliver up to 48 GW of round-the-clock renewable power. The company has five reservoirs and can develop up to 12 GW from its captive assets, coupled with solar and wind power plants.

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 …

PM Modi announces new rooftop solar power scheme: How this will help India go green
11 months ago

PM Modi announces new rooftop solar power scheme: How this will help India go green

Firstpost  

Monday was a big, big day for Prime Minister Narendra Modi. In a post on X, PM Modi on Monday evening wrote, “The first decision I have taken after returning from Ayodhya is that our government will launch ‘Pradhanmantri Suryodaya Yojana’ with the target of installing rooftop solar on one crore houses.” He further added that the scheme was inspired …

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 …

India plans to export solar power: official
1 year, 10 months ago

India plans to export solar power: official

The Hindu  

By 2026, Indian industry will be able to manufacture solar modules worth 100 gigawatts annually, and help the country be a net exporter of solar power. The future phase of India’s renewable energy development will be led by hybrid projects and renewable energy parks that will host solar and wind projects along with battery storage systems. The travails of the …

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 …

PM Modi’s massive manufacturing push. Five Indian companies riding the tailwind
2 years, 2 months ago

PM Modi’s massive manufacturing push. Five Indian companies riding the tailwind

Live Mint  

In March 2020, the Modi government approved a new incentive program called the Production Linked Incentive Scheme for large-scale electronics manufacturing. As per the approved scheme, benefits worth ₹195 bn will be given by the government to solar PV manufacturers for five years after commissioning the PV manufacturing plants. In the five years, it's expected that about 65,000 MW per …

PM Modi dedicated Ramagundam 100 megawatt floating solar power plant to nation
2 years, 4 months ago

PM Modi dedicated Ramagundam 100 megawatt floating solar power plant to nation

Deccan Chronicle  

Warangal: Prime Minister Narendra Modi dedicated the 100-MW floating solar power plant established by the National Thermal Power Corporation in 500 acres of its reservoir at Ramagundam in Peddapalli district to the nation. On the final day of the 'Bijli Mahotsav' celebrations, titled 'Ujjwal Bharat Ujjwal Bhavishya Power @2047', the Prime Minister also dedicated the floating solar power plant at …

Prime Minister Narendra Modi launches floating solar power plant at NTPC-Kayamkulam
2 years, 4 months ago

Prime Minister Narendra Modi launches floating solar power plant at NTPC-Kayamkulam

The Hindu  

Prime Minister Narendra Modi on Saturday virtually dedicated to the nation the 92-MW floating solar power project set up at the National Thermal Power Corporation's Kayamkulam unit. The Kayamkulam plant is the second-largest floating solar power project of the NTPC after the 100-MW plant at Ramagundam in Telangana. These plants built in Telangana and Kerala are the first and second …

Explained | Harnessing solar energy using floating power plants
2 years, 5 months ago

Explained | Harnessing solar energy using floating power plants

The Hindu  

The story so far: India’s largest floating solar power project, spanning over 600 acres, is now fully operational at Ramagundam in Peddapalli district of Telangana. A network of floating solar panels, or photovoltaics/floatovoltaics aremounted on a structure that is made to float on the surface of a water body, which could be a reservoir, lake, irrigation canal, or pond.Usually, a …

Floating solar power project inaugurated
2 years, 8 months ago

Floating solar power project inaugurated

The Hindu  

Minister for Power K. Krishnankutty on Wednesday virtually inaugurated a 22-MW floating solar power project at the National Thermal Power Corporation's Kayamkulam unit. The 22-MW plant is part of the 92-MW floating solar power project being set up by the NTPC at its Kayamkulam unit. The floating solar system is being set up on the lake adjacent to the NTPC’s …

BlackRock Real Assets, Mubadala to invest ₹4,000 crore in Tata Power Renewables
2 years, 8 months ago

BlackRock Real Assets, Mubadala to invest ₹4,000 crore in Tata Power Renewables

The Hindu  

Tata Power Company Ltd. and BlackRock Real Assets-led consortium, including Mubadala Investment Company, have entered into a binding agreement for the latter to invest in Tata Power’s renewable energy subsidiary, Tata Power Renewable Energy Ltd. “BlackRock Real Assets, together with Mubadala, shall invest ₹4,000 crore by way of equity / compulsorily convertible instruments for a 10.53% stake in Tata Power …

Tata exploring foray into development of offshore wind projects in India
2 years, 10 months ago

Tata exploring foray into development of offshore wind projects in India

Live Mint  

Tata Power and RWE have collaborated on the development of offshore wind projects in the country. A corresponding MoU has been signed between Tata Power Renewable Energy Limited, a 100% subsidiary of Tata Power. To facilitate the establishment of an offshore wind market in India, RWE and Tata Power Renewable Energy Limited will conduct technical and commercial site assessments. On …

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 …

Tata Motors, Tata Power jointly inaugurate solar carport in Pune
3 years, 6 months ago

Tata Motors, Tata Power jointly inaugurate solar carport in Pune

India TV News  

Tata Motors and Tata Power on Friday announced the inauguration of India’s largest Solar Carport in Pune, that is estimated to reduce 7,000 tons of carbon emissions annually. 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 …

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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