Tata Power Renewables Hits 45,500 Rooftop Installs in Q1 FY26, Marks 416% YoY Surge
By Shishta Dutta | Updated at: Oct 13, 2025 12:18 PM IST
Mumbai, July 4, 2025 – Tata Power Company Ltd (NSE: TATAPOWER, BSE: 500400) announced today that its renewable energy subsidiary, Tata Power Renewable Energy Ltd (TPREL), achieved a record-breaking 45,589 rooftop solar installations in Q1 FY26, totalling 220 MW of installed capacity.
This milestone reflects a massive 416% year-on-year growth compared to 8,838 installations in Q1 FY25, further cementing TPREL’s position as India’s No.1 rooftop solar provider. The performance plays a key role in advancing the Pradhan Mantri Surya Ghar Muft Bijli Yojana (PMSGY), supporting India’s national goal of achieving 500 GW of non-fossil fuel capacity by 2030.
As of 1:11 PM, Tata Power Company Ltd was trading at ₹399.65, down 0.063% for the day.
Q1 FY26 Rooftop Solar Installation Highlights
| Metric | Q1 FY26 | Q1 FY25 | YoY Change |
|---|---|---|---|
| Number of Installations | 45,589 | 8,838 | +416% |
| Installed Capacity | 220 MW | Not specified | – |
| Cumulative Installations (till date) | 2,04,443 rooftops | – | – |
| Cumulative Installed Capacity (till date) | 3.4 GW+ | – | – |
Strategic Contributions to National Initiatives
The Q1 FY26 performance contributes significantly to the government’s Pradhan Mantri Surya Ghar Muft Bijli Yojana (PMSGY). Under its ‘Ghar Ghar Solar’ initiative, TPREL is driving adoption across residential, commercial, and industrial segments, aligning with India’s national target of 500 GW non-fossil fuel capacity by 2030.
Market Reach and Manufacturing Backbone
TPREL’s expansion is powered by:
- 604 channel partners across 400+ cities
- 240 authorized service partners in 560+ cities
- Over 2 lakh clients, including 1.8 lakh+ residential users
- Manufacturing capacity of 4.3 GW for cells and modules, making it one of the most integrated solar players in the country
Management Perspective
TPREL’s exceptional Q1 performance underlines Tata Power’s broader clean energy vision. The company reiterated its commitment to India’s energy security, sustainability goals, and long-term decarbonization strategy.
Outlook
Tata Power’s sharp rise in rooftop installations signals strong execution in the renewables segment, reinforcing its leadership position. While the stock remained largely flat, investors may await detailed quarterly results for deeper insight into margins and long-term growth visibility.
About Tata Power
Tata Power, a Tata Group company, has a total installed capacity of 15.7 GW, with 6.9 GW (44%) from clean energy sources. It serves 12.8 million customers across India and aims to become carbon neutral before 2045, with strategic investments in generation, distribution, EV infrastructure, and solar manufacturing.
REF: https://nsearchives.nseindia.com/corporate/VPTPCL_04072025091838_PressRelease04072025.pdf
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