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The latest announcement is out from Tata Power Company Limited ( (IN:TATAPOWER) ).
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power Company Limited, has signed a Power Purchase Agreement with Tata Power Mumbai Distribution to establish an 80 MW Firm and Dispatchable Renewable Energy Project. This strategic move, with a capital expenditure of approximately ₹1,200 crore, is expected to enhance Tata Power’s renewable energy portfolio and strengthen its market position in the sustainable energy sector.
More about Tata Power Company Limited
Tata Power Company Limited operates in the energy sector, focusing on the generation, transmission, and distribution of electricity. The company is involved in both conventional and renewable energy projects, aiming to expand its footprint in sustainable energy solutions.
Average Trading Volume: 345,457
Technical Sentiment Signal: Buy
Current Market Cap: 1239.6B INR
Find detailed analytics on TATAPOWER stock on TipRanks’ Stock Analysis page.