Tata Power Renewable Adds Record 752 MW Solar Capacity in Q1 FY26; Targets 7.3 GW by FY-End
By Shishta Dutta | Updated at: Oct 14, 2025 05:49 PM IST
Mumbai, July 3, 2025: Tata Power Company Ltd (NSE: TATAPOWER, BSE: 500400) announced today, July 3, 2025, that its renewable energy subsidiary, Tata Power Renewable Energy Ltd (TPREL), has achieved a significant milestone by commissioning a record 752 megawatts (MW) of solar capacity during Q1 FY26. This represents a substantial 112% year-on-year increase compared to the 354 MW commissioned in the corresponding quarter of the previous fiscal year.
Record-Breaking Commissioning: Q1 FY26 vs Q1 FY25
This achievement marks TPREL’s highest-ever quarterly solar capacity addition, reinforcing its pivotal role in advancing India’s green energy transition. With this new capacity now operational, TPREL’s total utility-scale operational base has expanded to 5.6 GW, which includes 4.6 GW of solar assets and 1 GW of wind assets. This growth underscores the company’s commitment to scaling its renewable portfolio and contributing to national energy objectives.
| Metric | Q1 FY26 | Q1 FY25 | YoY Growth |
|---|---|---|---|
| Solar Capacity Commissioned (MW) | 752 | 354 | 112% |
Strategic Targets and Capacity Outlook
Tata Power outlined its roadmap to achieve 7.3 GW of total renewable operational capacity by March 2026, with plans to commission:
- 1.7 GW of utility-owned capacity during FY26
- 1 GW of third-party solar projects in the same period
| Capacity Target (FY26-End) | Solar (GW) | Wind (GW) | Total (GW) |
|---|---|---|---|
| Projected Operational Capacity | 5.6 | 1.7 | 7.3 |
TPREL attributes its robust performance to a highly disciplined Engineering, Procurement, and Construction (EPC) execution model, a resilient vendor network, and an agile approach to overcoming project challenges. The company emphasizes its ability to optimize cost structures and deliver results effectively, even within complex operational environments, through “advanced engineering practices and seamless supply chain execution.”
Management Vision
The company’s management has reiterated its steadfast commitment to broader sustainability goals and national energy security. This clean energy expansion is not only vital for India’s decarbonization efforts but also aligns with Tata Power’s overarching strategy to achieve carbon neutrality well before 2045. This vision positions Tata Power as a key enabler in India’s transition towards a more sustainable and secure energy future.
Share Price Performance
As of 1:25 PM, the shares of Tata Power were trading at ₹399.80, down by 1.68% or ₹6.85. It remains to be seen at what price the shares will close at the end of today’s market session.
What’s Ahead for Tata Power Renewable?
Tata Power’s record solar capacity addition in Q1 FY26 strengthens its leadership in India’s renewable energy landscape. With a strong pipeline and a clear roadmap to reach 7.3 GW of operational green capacity by FY26-end, the company is positioned to benefit from favourable government policies, increasing demand for clean energy, and rising ESG-focused investments.
Strategic execution, especially in EPC and supply chain efficiency, will be key to meeting targets. Investors may watch for updates on third-party solar projects and margin performance. Long-term, Tata Power’s push for carbon neutrality and expansion into green hydrogen and EV infrastructure could open new growth avenues.
Tata Power – Company Overview
Tata Power Company Limited is a leading integrated power utility under the Tata Group, operating across the power value chain. With a total generation portfolio of 15.7 GW – comprising 6.9 GW from renewable sources — the company serves approximately 12.8 million customers across India. Its services span generation, transmission, distribution, energy trading, and solar manufacturing, positioning it at the forefront of India’s clean energy evolution.
REF: https://nsearchives.nseindia.com/corporate/VPTPCL_03072025125901_PR.pdf
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