
Tata Power’s arm to set up 41 MW solar plant in TN; stock rises 2%
Tata Power Renewable Energy will establish a 41 MW captive solar plant for TP Solar for its 4.3 GW solar cell and module manufacturing facility in Tamil Nadu.
Tata Power Renewable Energy will establish a 41 MW captive solar plant for TP Solar for its 4.3 GW solar cell and module manufacturing facility in Tamil Nadu.
By 2040, clean & green energy will account for 100% of Tata Power's portfolio, up from 38% now
TP Solar, a subsidiary of Tata Power Renewable Energy Ltd, is setting up a 4.3-gigawatt solar cell and module manufacturing plant in Tamil Nadu.
Despite over 30 lakh EVs plying on the roads, India hasn't yet decided the charging standards it must follow.
The Tata Group stock has risen 44% in the last five months after hitting its 52-week low of ₹182.45 on March 28, 2023.
India's EV push faces the grim reality of non-standardised charging stations, poor maintenance, power and payment outages.
Tata Power stock surges 5.67% in past week; and 22.68% in the year-to-date period
Tata Power shares gained as much as 2.87% to ₹241.65 on the BSE on Thursday as investors reacted positively to June quarter results.
Extending its gaining streak, the Tata Group stock jumped 3% on Tuesday as investors rushed to buy shares ahead of its first quarter earnings report.
The project will be carried out in the Raipur area (Raipur city and Raipur rural areas) of Chhattisgarh.