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Tata Power Company Limited ( (IN:TATAPOWER) ) just unveiled an update.
Tata Power Renewable Energy Limited (TPREL) has signed a Power Purchase Agreement with Tata Power Mumbai Distribution to develop an 80 MW Firm and Dispatchable Renewable Energy project. This initiative will generate 315 million units of electricity annually, significantly reducing carbon emissions and supporting Tata Power Mumbai Distribution in meeting its Renewable Purchase Obligation. The project will enhance grid stability and provide reliable, low-emission electricity to around 8 lakh customers, reinforcing TPREL’s leadership in the renewable energy sector.
More about Tata Power Company Limited
Tata Power Company Limited is a leading player in India’s renewable energy sector, primarily focusing on solar, wind, and battery storage systems. The company is committed to sustainability and innovation, with a total renewable utility capacity of 11.3 GW and a significant solar EPC portfolio.
Average Trading Volume: 345,457
Technical Sentiment Signal: Buy
Current Market Cap: 1239.6B INR
For detailed information about TATAPOWER stock, go to TipRanks’ Stock Analysis page.