Tata Power AGM: N Chandrasekaran Highlights Strong Clean-Energy Portfolio, Expanding Infra Pipeline
The company's transmission business has also made significant strides, maintaining 99.9% availability in the last fiscal.
Tata Power Co. Chairperson N Chandrasekaran highlighted the company's growing leadership in India's energy transition, supported by a robust clean-energy portfolio and an expanding infrastructure pipeline.
Tata Power's generation portfolio has now crossed 25 GW, with 65% of it coming from clean and green sources, including solar, wind, and hydropower. "Your company is ideally positioned to lead India’s energy transition," Chandrasekaran said while addressing shareholders at the company's 106th annual general meeting, underlining its strategy to build a resilient and sustainable energy future.
Key capacity additions in fiscal 2025 included the full commissioning of the 4.3 GW solar cell and module manufacturing plant in Tirunelveli, Tamil Nadu, a major step in supporting domestic manufacturing and long-term energy security.
Tata Power also commenced work on two major hydropower projects — the 600 MW Khorlochhu project in Bhutan and the 1,000 MW Bhivpuri pump storage project in Maharashtra — as part of a strategic partnership with Bhutan’s Druk Green Power Corp. to develop 5 GW of cross-border renewable energy.
The company’s transmission business has also made significant strides, maintaining 99.9% availability in the last fiscal. It secured new projects worth over Rs 4,800 crore, taking its total transmission portfolio to over 7,000 km, including more than 2,400 ckm of pipeline capacity.
Chandrasekaran noted the company’s transition towards being more consumer-facing, with a leading position in rooftop solar under the 'Ghar Ghar Solar' campaign, aligned with the government’s Surya Ghar Yojana. Tata Power also operates one of the largest EV charging networks in India, enabling millions to adopt cleaner transport solutions.
On the financial front, Tata Power reported a record profit after tax of Rs 5,197 crore, up 26% year-on-year. Revenue rose to Rs 64,502 crore, and Ebitda exceeded Rs 15,000 crore for the first time. Return on equity improved to 12.8%, and the board recommended a 225% dividend, or Rs 2.25 per equity share.
Chandrasekaran reaffirmed the company’s long-term vision: “Clean, cheap, and abundant power is the cornerstone of development,” quoting founder Jamsetji Tata. He also noted Tata Power’s readiness to participate in the anticipated opening of the nuclear energy sector for private players.
With a growing green portfolio and expanding project pipeline, Tata Power remains well positioned to power India’s sustainable growth journey.
