Tata Power is emerging as a leader in India’s green energy sector with a 25+ GW portfolio, 65% from clean sources. The company posted record profits, expanded solar manufacturing, and is set to enter nuclear energy and hybrid power solutions.
Tata Power is steadily positioning itself as a major force in India’s clean energy sector. At the company’s 106th Annual General Meeting (AGM) held on 04th July 2025, Chairman N. Chandrasekaran announced that Tata Power is no longer just a solar and wind energy company, it is now moving towards becoming a leader in the hybrid renewable energy market, combining solar, wind, hydropower, and energy storage solutions to offer round-the-clock green power. Chandrasekaran shared a strong vision for the company’s future, stated, “Tata Power is ready to play a big role in India’s energy transition. We are focusing on providing scalable, customized, and end-to-end clean energy solutions to industries and households alike.”
Clean Energy Takes the Lead
Tata Power’s current power generation portfolio has crossed 25 GW, and remarkably, 65% of this capacity now comes from green sources. These include solar, wind, hydropower, and storage systems. The company is also looking at hybrid renewable energy systems that can provide uninterrupted electricity 24×7 by integrating multiple clean energy sources. India itself is seeing fast growth in the renewable energy sector. According to Chandrasekaran, the country’s clean energy capacity has now crossed 200 GW, accounting for 46% of India’s total installed power generation capacity. This shift is reducing dependency on coal, this summer, coal-based power met only 42% of peak demand.
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Major Projects and Strategic Partnerships
A key milestone for Tata Power in the last year has been the completion of its 4.3 GW solar cell and module manufacturing facility in Tirunelveli, Tamil Nadu. The plant is now fully operational and stable, strengthening India’s self-reliance in solar manufacturing. Additionally, Tata Power has entered into a partnership with Bhutan’s Druk Green Power Corporation to develop 5 GW of cross-border renewable and hydropower projects, strengthening regional collaboration in clean energy.
Ready for Nuclear Power and Complex Energy Auctions
Looking beyond renewables, Tata Power is also ready to participate in nuclear power development, anticipating the government opening the sector for private involvement. Chandrasekaran highlighted that new-age power auctions in India are becoming more complex, especially for clean energy, and Tata Power is well-prepared to handle these challenges.
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Strong Financial Performance in FY25
The financial year 2024-25 (FY25) was a record-breaking one for Tata Power. The company reported a profit after tax of Rs. 5,197 crore, crossing the Rs. 5,000 crore mark for the first time, a 26% year-on-year growth. Its earnings before interest, tax, depreciation and amortization (EBITDA) also hit a new high at Rs. 15,261 crore. Revenue rose by 5% year-on-year to Rs. 64,502 crore, driven by the performance of the rooftop solar business, better billing efficiency, and strong collections in its distribution business. Tata Power also maintains 99.9% transmission availability and won transmission projects worth over Rs. 4,800 crore in FY25. The company’s total transmission portfolio has now expanded to over 7,000 circuit kilometers, with more than 2,400 ckm in the pipeline.
A Customer-Centric Energy Brand
Chairman Chandrasekaran highlighted that Tata Power has now transformed into a consumer-facing brand. It is India’s number one rooftop solar provider and operates one of the country’s largest electric vehicle (EV) charging networks, playing a crucial role in supporting sustainable urban mobility. Today, the company serves 12.8 million customers across seven distribution utilities, including cities like Delhi, Mumbai, Ajmer, and the entire state of Odisha.
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A Tribute and a Commitment
In his address, Chandrasekaran also paid tribute to Tata Group’s former chairman Ratan Tata, who passed away last year, and expressed condolences to the families of those affected by the recent Air India tragedy. “This is a time of transformation for both Tata Power and India’s energy sector. We remain committed to playing a leading role in this transition and bringing reliable, affordable, and clean power to every corner of the country,” he concluded.
