Tata Power looks to double profit by FY30

Tata Power MD, Praveer Sinha, aims to double profits and boost revenue by 60% by FY30, focusing on renewable energy for half the growth. The company targets 33 GW of green energy capacity by FY30, up from 6.7 GW currently, while expanding transmission and developing pumped hydro projects. Sinha expects profits to reach ₹10,000 crore and revenue ₹1 lakh crore.

Dec 7, 2024 - 04:30
Tata Power looks to double profit by FY30

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Tata Power MD, Praveer Sinha, aims to double profits and boost revenue by 60% by FY30, focusing on renewable energy for half the growth. The company targets 33 GW of green energy capacity by FY30, up from 6.7 GW currently, while expanding transmission and developing pumped hydro projects. Sinha expects profits to reach ₹10,000 crore and revenue ₹1 lakh crore.
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