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Tata Power plans INR 20,000 crore capex in FY 2024-25

Last Update 17 July 2024

Tata Power plans to invest INR 20,000 crore ($2.39 billion) in FY 2024-25, following INR 12,000 crore in FY 2023-24, focusing on renewable energy and transmission. They aim to expand to 50 million consumers in distribution and achieve 15 GW clean energy in 5 years. FY 2023-24 saw a 10% revenue increase to INR 61,542 crore, with a 12% rise in profit to INR 4,280 crore.

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