iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Tata Power gains after subsidiary commissions 300 MW solar plant

4 Apr 2022 , 02:00 PM

The project will generate 774 million units (MU) annually along with this it will reduce approximately 704,340 metric ton per year of carbon emission.

Speaking about the commissioning of the project, Dr. Praveer Sinha, CEO & MD of Tata Power said, ?Commissioning of Indias largest single-axis solar tracker system of 300 MW Solar plant at Dholera in Gujarat within the set timelines is a proud moment for Tata Power. Our technical expertise and project execution skills will further solidify our position in the solar EPC space and help India lead the way in renewable energy growth.

With this addition, the renewables capacity in operation for Tata Power now stands at 3,400 MW with 2,468 MW of solar and 932 MW of wind. Tata Powers total renewable capacity is 5,020 MW including 1,620 MW of renewable projects under various stages of implementation.

Tata Power Company is one of the largest private-sector power utilities in India, with an installed generation capacity of 13,068 megawatts as of September 2021. The companys consolidated net profit soared 73.3% to Rs 551.89 crore on a 43.6% jump in net sales to Rs 10,913.14 crore in Q3 FY22 over Q3 FY21.

Powered by Capital Market – Live News

Related Tags

  • capital market
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.