Market Position:

• Tata Power Co. Ltd holds a significant position in the Indian energy industry.
• Its current share price on the National Stock Exchange (NSE) is ₹390.60.
• The company’s market capitalization stands at approximately ₹1.25 trillion.

Investment Strategy:

• Tata Power has ambitious investment plans, aiming to invest ₹60,000 crore over the next three years.
• Nearly half of this investment will be directed toward the renewable energy sector, emphasizing clean energy sources.
• The company is committed to avoiding new coal-based thermal power capacity and instead focusing on sustainable energy projects.

Renewable Energy Goals:

• Over the next five years, Tata Power plans to invest more than ₹75,000 crore in renewables.
• Their target is to achieve an electricity generation capacity of 30 GW, with a majority coming from clean energy sources.

Financial Aspirations:

• Tata Power’s strategic roadmap includes substantial capital investments totaling ₹60,000 crore from FY24 through FY27.
• These investments aim to double revenue and profit by FY27, with a significant portion allocated to renewable energy initiatives.Tata Power’s Ambitious Growth Plans and Future Initiatives

Tata Power, with its ambitious growth agenda, aims to consistently expand its capacity year after year. By 2020, the company set its sights on achieving an installed capacity of 26,000 MW. Let’s explore some of their key strategic initiatives for the future:

Non-Fossil Fuel Energy: Tata Power is committed to increasing its share of non-fossil fuel energy to 40-50% by 2025. Currently, 34% of their portfolio consists of clean energy sources.

Strategic Intent 2025: As part of their strategic roadmap, Tata Power strives to achieve a power generation capacity of 22,500 MW by 2025. This commitment includes ensuring 100% fuel securitization.

Renewable Energy Investments: Over the next five years, Tata Power plans to invest a substantial Rs 75,000 crore in renewable energy projects. Already, they have added 707 MW of renewable energy capacity in FY22. Additionally, they are establishing a 4 GW solar cell and module manufacturing facility in Tamil Nadu, with an investment of Rs 3,000 crore.

Global Ventures: Tata Power is making its mark internationally through strategic projects:

• Partnership with SN Power: An exclusive collaboration with SN Power (Norway) to develop hydropower projects in India and Nepal. Their goal is to have 2,000 MW either under construction or operational by 2015, with a total target of 4,000 MW by 2020.
• 240 MW Sorik Marapi Geothermal Project: Tata Power, as part of a consortium, secured this project in Northern Sumatra, Indonesia. It is estimated to contribute approximately 240 MW of geothermal generation capacity.
• Acquisition of Stake in Indonesian Coal Mines: Tata Power acquired equity stakes in major Indonesian thermal coal producers, including PT Kaltim Prima Coal and PT Baramulti Sukses Sarana Tbk (BSSR).

Tata Power’s future blueprint emphasizes steady progress across various business lines, guided by a robust strategic plan.