Tata Power Subsidiary Inks PPA With NTPC, Shares May React

Tata Power share price will grab spotlight tomorrow after the company informed today (April 14, 2025) that its subsidiary, Tata Power Renewable Energy Limited (TPREL) signed a Power Purchase Agreement (PPA) with NTPC Limited to develop a 200 MW Firm and Dispatchable Renewable Energy (FDRE) Project. Share price of Tata Power rallied 1.74% to Rs 364.50 per share on Bombay Stock Exchange as Sensex soared by 1310.11 points to 75,157.26 on April 11, 2025. Tata Power has a market capitalisation of Rs 1,16,470.13 crore. Its return on equity (ROE) is 21.04%. Life Insurance Corporation Of India (LIC) has 3.13% stake in the Tata Group stock with 99,979,177 share as of December 2024 quarter. Tata Power Company shares offered highest returns of 898.63% in last 5-years. Check more details below:

Tata Power Company’s Subsidiary Signs Pact With NTPC

According to the exchange filing of Tata Power Company dated April 14, 2025, “The project, spread across multiple locations in India is set to be completed within 24 months and is expected to generate approximately 1,300 million units (MUs) of electricity annually, mitigating over 1 million tons of carbon dioxide emissions per year. The project was won by TPREL based on competitive bidding and would consist of Solar, Wind and BESS technologies. A key feature of this initiative is the commitment to a 4 hour peak power supply, ensuring at least 90% availability during peak demand hours to support the growing energy needs of Distribution Companies.”

Tata Power Subsidiary Inks PPA With NTPC, Shares Likely To React Tomorrow

This collaboration reinforces TPREL’s position as a leader in India’s renewable energy sector with hybrid and complex renewable projects, consisting of Solar, Wind and battery storage. With a steadfast commitment to sustainability and innovation, the Company continues to drive forward India’s mission of a greener and more resilient clean energy future, added the press release.

Tata Power Company Shares Performance

The 52-week high price of Tata Power Company shares on BSE is Rs 494.85 per share (as on 27/09/2024) and 52-week low price is Rs 326.25 per share (as on 17/02/2025), respectively. Tata Power Company shares declined 2.90% in last 2-weeks, gained 3.35% in last 1-month, and plunged 15.60% in last 1-year. In last 2-years, Tata Power stock offered gain of 84.56% and rallied 28.82% in last 3-years.

Tata Power Company Financials Compared With Peers

The company announced its profit after tax or (PAT) for December 2024 quarter at Rs 977.92 crore. Meanwhile, ADANIPOWER declared PAT of Rs 2,539.57 crore, TORENTPOWER reported PAT of 368.7 crore, and CESC announced its PAT of Rs 172.00 crore.

About

Tata Power Company Limited, a leading integrated power company and a part of the Tata Group, India’s largest multinational business conglomerate, owns a diversified portfolio of 15.6 GW. This portfolio spans the entire power value chain, from renewable and conventional energy generation to transmission, distribution, trading, storage solutions, and solar cell and module manufacturing.

Disclaimer: The story highlights inking of PPA with NTPC and should not be considered as investment advice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.