Tata Power plans to invest ₹20,000 crore in the financial year 2025, according to chairman Natarajan Chandrasekaran. He announced this at the company’s 105th Annual General Meeting on July 16. Chandrasekaran said the investment is part of Tata Power’s strong focus on growth and financial management.
This new investment is in addition to the ₹12,000 crore spent in the previous year. The funds will mainly support renewable energy projects and improvements in transmission and distribution services. Tata Power also intends to grow its rooftop solar projects and increase market share through the government’s PM Surya Ghar Yojana. The company aims to boost its clean energy portfolio from 9 GW to 15 GW in the next five years.
Financially, Tata Power reported a 10% increase in revenue, reaching ₹61,542 crore, and a 12% rise in profit to ₹4,280 crore. The board has proposed a dividend of ₹2 per share. Tata Power, one of India’s largest integrated power companies, is committed to driving the transition towards sustainable energy.
With a strong emphasis on renewable energy, the company aims to expand its clean energy portfolio to 15 GW in the next five years, up from its current 9 GW capacity. In FY25, The company has also shown interest in exploring Small Modular Nuclear Reactors, pending government approvals.
The company continues to make significant strides in the renewable energy sector, aiming to lead India’s energy transition while maintaining a strong commitment to operational excellence and financial prudence.