Tata Power, a leading company of the Tata Group, shared significant information before the market closed on Thursday. The company announced that its renewable energy unit, Tata Power Renewable Energy Limited (TPREL), has commissioned solar projects totaling 752 MW in the first quarter of fiscal year 2026.
Tata Power, a major player in the energy sector within the Tata Group, provided a significant update before the market closed on Thursday. The company reported that its renewable energy unit, Tata Power Renewable Energy Limited (TPREL), commissioned solar projects with a total capacity of 752 MW in the first quarter of fiscal year 2025-26. This marks the company's largest quarterly achievement to date.
Capacity Doubled Since Last Year
In the same period last year, the company commissioned solar projects with a capacity of 354 MW. This year, the figure has increased to 752 MW, reflecting a year-on-year growth of 112 percent. According to the company, this growth was made possible due to their b engineering team, rapid project execution, and robust supply chain.
The Company's Target for the Entire Year
Tata Power Renewable Energy Limited aims to commission a total of 1.7 gigawatts of utility-owned capacity during the entire fiscal year 2025-26. This means the company needs to add approximately 950 MW of additional capacity in the next three quarters.
Plan to Reach 7.3 Gigawatts of Operational Capacity
The company stated that it is working on a plan to reach a total operational capacity of 7.3 gigawatts by the end of the year. This includes 5.6 gigawatts of solar and 1.7 gigawatts of wind energy projects. Tata Power plans to further expand its renewable portfolio each year, contributing to meeting the country's clean energy needs.
Work Continues Despite Challenging Conditions
The company stated that this achievement was not made under normal circumstances but was achieved despite several challenges. Despite the intense heat, supply chain disruptions, and land-related challenges, the engineering team completed the projects within the stipulated timeframe.
According to TPREL officials, the company controlled costs and maintained the pace of construction by utilizing modern technologies and digitization. Tata Power Renewable Energy is focused on expanding its projects across the country. The company's presence has increased rapidly, especially in states like Rajasthan, Gujarat, Maharashtra, Tamil Nadu, and Madhya Pradesh. The company believes that maintaining this expansion rate is essential, considering the need for clean energy in every part of India.
A Major Step Towards Green Energy
This major update from the company is also being viewed in connection with India's clean energy mission. The Indian government aims to obtain a large portion of the country's total energy capacity from renewable sources by 2030. Major private players like Tata Power are moving forward in this direction.
The company says that their renewable energy installations are not only meeting India's energy needs in a clean manner but are also setting an example of sustainable development in the energy sector.
Share Performance
On Thursday, when this information came to light, Tata Power's share was trading at around ₹400, with a decline of approximately 1.64 percent. However, the decline is believed to be related to the general market fluctuations rather than the company's fundamentals.
Share Performance Over the Past Year
In the last year, Tata Power's share has given a negative return. From July 2024 to July 2025, the company's stock recorded a decline of about 7.79 percent. However, experts believe that the continuous expansion in the renewable business may lead to stability and then growth in the share in the coming time.
Eyes Now on the Second Quarter
Now, investors and the market are focused on the company's performance in the second quarter. If the company succeeds in adding new capacity of 400 to 500 MW in the next quarter, as per its target, its impact may also be seen on the share.
Growing Competition in the Green Energy Sector
In India, apart from Tata Power, several players like Adani Green, ReNew Power, SJVN, and NTPC are active in the renewable sector. In such a scenario, completing projects on time and controlling costs has become a challenge for companies.
The latest figures from Tata Power show that it is handling this challenge well and is continuously taking necessary steps to maintain its position in the renewable space.
