April 15, 2025
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Tata Power wins Rs 4500 crore NTPC order
Tata Ppowers’s renewable energy unit secured a Rs 4,500 crore order from NTPC to develop dispatchable renewable energy projects. It signed a power purchase agreement with NTPC to supply 200 MW of firm and dispatchable renewable power. The project is scheduled to be completed within 24 months.
The development comes a week after the company received regulatory approval to install a 100 MW Battery Energy Storage System in Mumbai. The Maharashtra Electricity Regulatory Commission gave the nod for the system to be deployed across 10 sites near critical load centres.
Shares of Tata Power climbed as much as 4.4% on Tuesday to Rs 380.50 on the BSE
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