March 11, 2025
admin
(20 seconds reading) Tata Power shares rose 3% on Monday, reaching Rs 361.85, following the announcement that its subsidiary, Tata Power Renewable Energy Ltd (TPREL), signed an MoU with Andhra Pradesh to invest Rs 49,000 crore ($5.6 billion) in renewable energy projects. The deal includes up to 7,000 MW of solar, wind, and hybrid energy, supporting the state’s goal to become a renewable energy hub. Tata Power’s CEO, Praveer Sinha, highlighted the company’s commitment to India’s clean energy future through this partnership.
