Business Update12 Oct 2026, 10:34 am
Tata Power Renewables: 419MW Utility-Scale Capacity in Q2 FY27
AI Summary
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, reported a significant 130% year-on-year growth in utility-scale execution for Q2 FY27, commissioning 419 MW of capacity. This also included 131.2 MWhr of battery storage projects. For the first half of FY27 (H1 FY27), TPREL executed a total of 645 MW of utility-scale projects and 161.2 MWhr of storage. The company's operational utility-scale portfolio now stands at 7.2 GW, with 281 MWhr of battery storage. TPREL anticipates executing over 2 GW in H2 FY27, aiming for approximately 9.3 GW by year-end and reaching ~12 GW by FY28.
Key Highlights
- TPREL commissioned 419 MW utility-scale capacity in Q2 FY27, up 130% YoY.
- Executed 131.2 MWhr of battery storage projects in Q2 FY27.
- H1 FY27 execution reached 645 MW utility-scale and 161.2 MWhr storage.
- Operational portfolio grows to 7.2 GW utility-scale and 281 MWhr storage.
- Over 2 GW expected in H2 FY27, targeting ~12 GW by FY28.
Price Impact
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