Tata Power reported a 3.7% increase in revenue to ₹33,233 Cr for the first half of FY26. The company is expanding its clean and green energy capacity, targeting ~66% post-project completion. The company has secured consistent coverage for Affirmative action centered programs across platforms including Tata.com, Tata Review, and has also commissioned a number of projects.
Financial Performance Highlights
Tata Power’s financial performance shows consistent improvement, with revenue for H1 FY26 reaching ₹33,233 Cr, a 3.7% increase compared to the previous year. EBITDA stood at ₹7,961 Cr, and underlying EBITDA reached ₹8,220 Cr. The company’s Reported PAT is ₹2,508 Cr, and ROE is 11.5%, also showcasing adjusted EPS at ₹6.2.
Clean & Green Initiatives
Tata Power is focused on clean and green energy, targeting approximately 66% capacity post-project completion. Several initiatives are underway to reduce environmental impact, including achieving Net Zero emissions by 2045 and Water Neutrality by 2030.
Operational Highlights
Key operational achievements in Q2 FY26 include a 158% increase in rooftop revenue, significant profit after tax surges in Odisha DISCOMs (362% YoY), and record rooftop capacity installations (370 MWp). The company also produced 928 MW of cells and 970 MW of modules during the quarter and commissioned 293 MW of utility-scale renewables capacity.
Key Projects
Several key projects are underway. MoU with Druk Green Power to develop 5,100 MW clean energy projects in Bhutan. Construction has begun at 600 MW Khorlochhu HPP, Bhutan with a loan agreement worth Rs 4,829 crore with Power Finance Corporation (PFC).
Other Projects include : Shirwata PSP 1800 MW, Energy Storage- Pumped Storage Hydro Plants, H1 FY26 RE Auctions, majority transmission projects expected to be commissioned in FY26.
Source: BSE
