Tata Power outlined its strategic vision at the Analyst Meet 2025, emphasizing growth through conventional and renewable energy, transmission and distribution, and new technologies. The company aims for >30 GW total capacity by FY30. A ~65% investment in Clean & Green initiatives underscores a commitment to sustainability. Performance improvements and regulated equity build-up pave the way for significant expansion and future readiness.
Strategic Growth Drivers
Tata Power is focusing on several key growth drivers:
* Steady Conventional Business: Aiding the transition to clean energy, leveraging over 100 years of legacy.
* Transmission & Distribution: Accelerating growth with a large addressable opportunity.
* Future Ready: Advancing newer technologies and businesses.
* Cash Flow Generation: Supported by a healthy balance sheet and leverage profile.
Financial Performance Highlights
The company’s financial performance shows consistent improvement:
* Revenue (H1 FY26): ₹7,961 Cr
* Underlying EBITDA (H1 FY26): ₹8,220 Cr
* Reported PAT (H1 FY26): ₹2,508 Cr
* ROE: 11.5%
Clean and Green Portfolio Expansion
Tata Power is committed to a sustainable energy future:
* Target: 500 GW by 2030.
* Installed by Nov 2025: 251 GW.
* The company has a ~7.6 GW of clean and green pipeline excluding PSP.
Transmission and Distribution Focus
Tata Power is strategically expanding its transmission and distribution capabilities:
* Transmission auction bids are expected to rise in FY26.
* Projects: Includes 5 projects under construction. >10,000 Ckm aspiration by 2030
The company’s expansion strategy in Odisha has resulted in focused intervention and improved operational efficiency.
Future Outlook and Targets for FY2030
Tata Power aims to achieve significant growth by FY2030:
* Total Capacity: >30 GW
* Clean & Green Capacity: >20 GW
* Revenue: ₹1,00,000 Cr
* EBITDA: ₹30,000 Cr
* PAT: ₹10,000 Cr
Sustainability Goals
Tata Power integrates sustainability into its core strategy:
* Net Zero: Become Net Zero by 2045.
* Water Neutral: Become Water Neutral by 2030.
* Zero Waste: Zero Waste to Landfill by 2030.
Source: BSE
