Tata Power Company Ltd - Stock Valuation and Financial Performance

BSE: 500400 | NSE: TATAPOWER | Power Generation/Distribution | Large Cap

Tata Power Share Price

408.45 0.35 0.09%
as on 21-Nov'24 15:45

DeciZen - make an informed investing decision on Tata Power

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Tata Power Company stock performance -

mw4me loader
P/E Ratio (CD):
34.81
Market Cap:
1,30,401.8 Cr.
52-wk low:
257
52-wk high:
494.9

Is Tata Power Company Ltd an attractive stock to invest in?

1. Is Tata Power Company Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Tata Power Company Ltd is a average quality company.

2. Is Tata Power Company Ltd undervalued or overvalued?

The key valuation ratios of Tata Power Company Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Tata Power Company Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Tata Power Company Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Tata Power:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Tata Power Company Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 9.4%8.4%8.3%10.3%12.1%10.2%9%10.1%13.3%13%-
Value Creation
Index
-0.2-0.4-0.3-0.1-0.1-0.3-0.2-0.10.20.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 33,59329,49427,58826,84029,88129,13632,70342,81655,10961,44963,489
Sales YoY Gr.--12.2%-6.5%-2.7%11.3%-2.5%12.2%30.9%28.7%11.5%-
Adj EPS -1.46.66.111.24.86.12.97.59.210.911.7
YoY Gr.-NA-7.3%83.3%-56.8%26.7%-53.1%159.6%23.4%18.4%-
BVPS (₹) 47.84348.955.162.166.865.270.290.1101.2105.4
Adj Net
Profit
-3861,7791,6503,0231,3061,6559172,3792,9383,4763,745
Cash Flow from Ops. 5,9817,4157,0146,3644,5747,3758,3456,6937,16612,596-
Debt/CF from Ops. 75.47.27.910.96.85.47.16.83.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 6.9%15.5%23.4%11.5%
Adj EPS NA17.6%55.9%18.4%
BVPS8.7%10.3%15.8%12.4%
Share Price 16.6% 49.4% 19.9% 55.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
-2.913.713.321.58.29.54.71111.511.411.3
Op. Profit
Mgn %
18.724.221.523.82327.721.617.914.617.618.5
Net Profit
Mgn %
-0.45.86.7125.26.73.86.56.26.65.9
Debt to
Equity
33.53.83.432.82.22.11.71.51.2
Working Cap
Days
22925325224821322121620418718888
Cash Conv.
Cycle
130-11-25-18-7-7-1329-32

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 11.30%

Sales growth is growing at healthy rate in last 3 years 23.40%

Net Profit is growing at healthy rate in last 3 years 55.92%

Debt to equity has declined versus last 3 years average to 1.53

Sales growth is good in last 4 quarters at 11.09%

No data to display

Latest Financials - Tata Power Company Ltd.

Standalone Consolidated
TTM EPS (₹) 9.8 11.7
TTM Sales (₹ Cr.) 20,550 63,489
BVPS (₹.) 53.1 105.4
Reserves (₹ Cr.) 16,643 33,360
P/BV 7.69 3.87
PE 41.81 34.81
From the Market
52 Week Low / High (₹) 256.95 / 494.85
All Time Low / High (₹) 4.27 / 494.85
Market Cap (₹ Cr.) 1,30,402
Equity (₹ Cr.) 319.5
Face Value (₹) 1
Industry PE 26.7

Management X-Ray of Tata Power:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *1.401.401.401.401.401.400.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Tata Power

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales33,59329,49427,58826,84029,88129,13632,70342,81655,10961,449
Operating Expenses 27,31423,01021,78920,56823,16821,21625,70135,34647,43350,665
Manufacturing Costs23,84020,13419,52918,22820,85018,85922,28630,21140,75344,031
Material Costs1213428-824-160-19944-52
Employee Cost 1,5461,2281,2611,3821,3391,4412,3173,6123,6244,036
Other Costs 1,8081,6149719669569311,0971,7223,0122,650
Operating Profit 6,2796,4845,7996,2726,7137,9217,0037,4707,67610,784
Operating Profit Margin (%) 18.7%22.0%21.0%23.4%22.5%27.2%21.4%17.4%13.9%17.5%
Other Income 4397546964344195864399661,4681,824
Interest 3,6993,2363,3653,7614,1704,4954,0103,8644,3724,633
Depreciation 2,1741,6491,9562,3462,3932,6342,7453,1223,4393,786
Exceptional Items 639-1,073-9536931,84937427-390924367
Profit Before Tax 1,4841,2811,4472,8453,8192,3681,9873,0035,4575,732
Tax 1,0756803501621,0886415023801,6471,452
Profit After Tax 4096001,0972,6832,7321,7271,4852,6233,8104,280
PAT Margin (%) 1.2%2.0%4.0%10.0%9.1%5.9%4.5%6.1%6.9%7.0%
Adjusted EPS (₹)0.62.53.38.98.73.83.55.510.411.6
Dividend Payout Ratio (%)209%53%39%15%15%41%44%32%19%17%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 14,31911,63313,21514,90016,80618,06620,82222,44228,78732,347
Share Capital 270270271271271271320320320320
Reserves 14,04811,36312,94414,62916,53517,79620,50322,12228,46832,027
Minority Interest2493175018692015216723322927358754175977
Debt38,48038,50342,92342,68446,51546,04039,98139,70539,91042,391
Long Term Debt33,89323,91426,64323,85632,63934,19531,54532,73030,70837,392
Short Term Debt4,58714,58916,28018,82713,87511,8448,4366,9759,2014,999
Trade Payables5,2354,4015,5295,6105,4815,0957,14610,4607,4079,321
Others Liabilities 14,65913,76919,29416,68313,10518,14127,77836,35746,57549,017
Total Liabilities 75,18570,05782,82981,89284,07389,67498,6551,12,5501,28,0961,39,054

Fixed Assets

Gross Block64,92547,66759,62959,99661,61367,06474,15682,30189,89798,680
Accumulated Depreciation20,19911,25413,03615,34017,30819,39821,97624,91128,15031,470
Net Fixed Assets44,72636,41446,59244,65644,30547,66652,17957,38961,74767,210
CWIP 3,3231,3452,1781,6532,5761,6123,2704,6355,37611,561
Investments 3,44511,78311,87312,42913,54214,53513,14914,16016,67016,316
Inventories1,8441,3731,6001,6231,7061,7521,8864,2323,9434,420
Trade Receivables5,5643,5403,8322,7894,4454,4265,2005,9806,9527,402
Cash Equivalents 1,4836639541,1867872,0945,8716,64111,2079,152
Others Assets14,80014,93815,80017,55616,71217,58917,10019,51322,20222,994
Total Assets 75,18570,05782,82981,89284,07389,67498,6551,12,5501,28,0961,39,054

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 5,9817,4157,0146,3644,5747,3758,3456,6937,16612,596
PBT 1,4841,2811,4632,7593,6271,9261,7672,5355,4575,732
Adjustment 5,8665,0014,4953,2493,2675,3855,8845,0413,5595,526
Changes in Working Capital -56115261636958-18156741141-189-9791927
Tax Paid -809-393-580-602-506-609-447-695-871-589
Cash Flow From Investing Activity -3,875-1,818-7,419-1,518-319-543668-6,277-7,382-9,035
Capex -3,427-2,104-3,306-3,504-3,533-2,189-1,787-7,233-7,606-13,187
Net Investments -206-389-4,0838442,654-343848-389-111-283
Others -243675-301,1425601,9891,6071,3463354,434
Cash Flow From Financing Activity -2,239-6,183937-4,726-5,184-5,110-7,603-1,1831,341-4,497
Net Proceeds from Shares 2,180158-10985971003,1517585,4611,118
Net Proceeds from Borrowing 100602,775-1,4748891,581-1,8515,790-1,1094,644
Interest Paid -3,384-3,246-3,264-4,570-3,976-4,003-3,731-3,555-4,108-4,777
Dividend Paid -461-411-415-417-410-501-526-559-787-887
Others -673-2,7451,9511,650-1,784-2,288-4,645-3,6171,884-4,596
Net Cash Flow -133-586533120-9301,7231,410-7671,125-936
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)3.124.678.8319.0817.239.97.6412.1314.8714
ROCE (%)9.428.358.3310.2812.1210.198.9910.1313.312.99
Asset Turnover Ratio0.460.410.360.330.360.340.350.410.460.46
PAT to CFO Conversion(x)14.6212.366.392.371.674.275.622.551.882.94
Working Capital Days
Receivable Days55564945445654484343
Inventory Days21202022202220262725
Payable Days0000000000

Tata Power Company Ltd Stock News

Tata Power Company Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Tata Power on 21-Nov-2024 15:45 is ₹408.4.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 15:45 the market cap of Tata Power stood at ₹1,30,401.8.
The latest P/E ratio of Tata Power as of 21-Nov-2024 15:45 is 41.81.
The latest P/B ratio of Tata Power as of 21-Nov-2024 15:45 is 7.69.
The 52-week high of Tata Power is ₹494.9 and the 52-week low is ₹256.9.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Tata Power is ₹20,550 ( Cr.) .

About Tata Power Company Ltd

Tata Power Company Limited is a public limited company domiciled and incorporated in India under the Indian Companies Act, VII of 1913. The Company is listed on BSE Limited (BSE) and National Stock Exchange of India Limited (NSE). Tata Power is a pioneer credited with steering the energy sector on technology, process and platform. Powering emerging technologies for the 'smart' customer, Tata Power's latest business integrated solutions, focusing on mobility and lifestyle, is poised for multi-fold growth.

Business area of the company

The principal business of the company is generation, transmission and distribution of electricity. The company was amongst the pioneers in generation of electricity in India more than a century ago.

Products & Services

  • Power Supply
  • EV Charging Solutions
  • Solar Rooftops
  • Solar Pumps
  • Solar Module and Cells
  • Microgrids
  • Solar RO Systems

Businesses

  • Renewables
  • Conventional Generation
  • Transmission
  • Distribution
  • Next Gen Power Solutions
  • Trading
  • Services Business

Awards

2013:

  • Tata Power's Haldia plant awarded 3rd prize for 'Excellence in Suggestion Scheme' at INSSAN (Indian National Suggestion Scheme Association), and also received awards for Best Suggestions, Best evaluator and Slogan. (March 2013).
  • Tata Power adjudged as 'Most Admired Infrastructure Company- Power' at the 5th KPMG Infrastructure Today Awards in recognition of its excellence in infrastructure sector and providing momentum to the sector in order to reach the targeted GDP growth for the country.

2014:

  • Tata Power is recognised amongst World's Most Ethical Company 2014, by the Ethisphere Institute, an independent centre of research in USA, promoting best practices in corporate ethics and governance.
  • Tata Power won 5 prizes inclusive of 2 special prizes in the 4th Bougainvillea & Bonsai Show organized by Maharashtra Nature Park and Mumbai Rose Society.
  • Tata Power won the prize for the Best single Bougainvillea specimen for its outstanding white bougainvillea 'Shubhra' which also had the privilege of being adjudicated and awarded 'the best specimen plant of a variety of Indian Origin'.
  • Tata Power has been honoured with the Silver Shield Award by the Central Electricity Authority (CEA) for it Mundra Ultra Mega Power Plant (UMPP) under its 'Comprehensive Award Scheme'. This award has been awarded for the early completion of Mundra UMPP's unit 5 (800 MW).

2015:

  • Tata Power was conferred with 'Outstanding Performance in the Power Sector' award at the Central Board of Irrigation and Power (CBIP) Awards 2015.
  • The Tata Power Company Ltd is named as '2015 - world's most ethical company' by the Ethisphere Institute for second year in succession.
  • Tata Power wins five prestigious awards at the 54th Association of Business Communicators Awards Nite 2015

2016:

  • Tata Power honoured with SAP ACE Award 2016.
  • Tata Power named as the World's Most Ethical Company in 2016 by the Ethisphere Institute, for third year in succession.
  • Central Electricity Authority (CEA) Silver Shield in the category of Performance of Distribution Companies for Tata Power distribution.
  • Central Electricity Authority (CEA) Consolation award in the category of Performance of Thermal Power Stations for Trombay Thermal Power Station.
  • Tata Power has bagged 17 prizes (11 first and 6 second) at the 21st Fruit, vegetable and flower show organised by the Municipal Corporation of Greater Mumbai (MCGM) and the Tree Authority, in Byculla. 
  • Tata Power is awarded the prestigious Porter Prize for Excellence in Corporate Integration & Governance.
  • Tata Power's Trombay Thermal Power has been honoured with the second prize in the 'Power Generation' group at the Best Safety Practices Award Competition, 2015.
  • Tata Power bags two prestigious awards at the 55th Association of Business Communicators Awards Nite 2016.
  • Tata Power's Corporate Centre, Carnac building awarded 'IGBC GOLD' rating, under 'IGBC's Green Existing Buildings' category.
  • Tata Power conferred with Sustainable Plus Platinum status by CII.

2017:

  • Tata Power has won the certificate of Achievement for being the finalist in 'Best Use of Public Affairs' category at Fulcrum Awards 2017
  • Internal Audit team wins National Innovation Award
  • Tata Power Haldia Division receives 'PRASHANSA PATRA' from National Safety Council
  • Club Enerji & Greenolution presented at TEDx IIM Ahmedabad
  • Tata Power's quality circle team of Jojobera teams bags three Gold awards at Chapter Convention of Quality Circle (CCQC) 2017
  • Tata Power awarded for excellence in cost management at the 14th National Awards for Excellence in Cost Management 2016
  • Tata Power Solar has been ranked the number one EPC rooftop solar player in the recently published India Solar Rooftop report 2017, by Bridge to India, a leading clean tech consulting and knowledge services provider.
  • Tata Power ranks among the top companies for CSR and Sustainability in a study conducted by IIM Udaipur and Futurescape.
  • Tata Power was recently recognised by the Tata Group for Promoting Employee Volunteering and were awarded for Most Unique Activity (Out of the box) during Tata Volunteering Week 7 for their Project Parivartan.
  • Tata Power's Trombay Plant bags Environment Excellence Award by Mission Energy Foundation.
  • Team Corporate Communications were awarded for Providing Safety Communication posters and banner at SAF 2017
  • Tata Power's Maithon Power Plant awarded with Global Energy Management Award 2017.
  • Tata Power's TPSDI conferred for 'Capacity Building and Training' at the Central Board of Irrigation & Power (CBIP) Awards 2017.

2018:

  • Tata Power received Tata affirmative action jury award for 2017-18
  • Tata Power Solar has been accredited with 'Smart Importer Solar' held at Smart Logistic Awards 2018
  • Tata Power bags 'GOLD' & 'Best Project From India' at the International Convention on Quality Control Circles (ICQCC) 2018 Award
  • Tata Power bags two awards at the '7th ACEF Asian Leadership Awards'
  • Tata Power wins its First Best CSR Community Initiative Award
  • Tata Power bags 'GOLD' at the Chapter Convention on Quality Circle (CCQC) 2018 Award
  • CGPL bags FAME Excellence Safety Award (Gold) for Health & Safety of Workers
  • Tata Power Solar wins The Solar PV EPC Company of the Year - Utility Scale Award at India Solar Week 2018
  • Tata Power Crowned as Winners at Lonavala Municipal Council (LMC) Flower Show in Lonavala, Maharashtra
  • Tata Power honored with SAP ACE Awards 2018 for Sourcing Excellence
  • Tata Power Mumbai Distribution team was declared winner in Sixth CII National Excellence Practice Competition 2018- Customer Engagement & Satisfaction Practice in the category of Infrastructure / Power Sector.
  • Tata Power to be honored with an Inaugural DCRO Exemplar Award
  • Tata Power wins Sandvik India Gender Award 2018.
  • Tata Power Adjudged 'Best Risk Management Framework Award - Power'
  • Tata Power's joint venture Powerlinks Transmission Limited lauded with 'Best in Class T&D Infra Asset' at 11th Enertia awards
  • Tata Power's Jojobera teams wins big at the National Convention on Quality Concepts (NCQC) 2017
  • Tata Power Delhi Distribution has been conferred with the Industry Leader Award for active promotion of Tata Business Excellence Model and crossing the 650+ milestone in TBEM Assessment 2017
  • Tata Power Delhi Distribution Limited conferred with 'best performing power distribution utility award' at CBIP Awards 2018.
  • Tata Power Solar has won the prestigious Global Performance Excellence Award 2018.
  • Tata Power Solar has won the ‘CII Performance Excellence award’ for Mandsaur 50MW under Solar Plant category.
  • Tata Power Solar has been accredited with “Smart Importer Solar” in the recently held Smart Logistic Awards 2018 at Bengaluru.
  • Tata Power Solar wins The Solar PV EPC Company of the Year - Utility Scale Award at India Solar Week 2018

2019:

  • Civil & Estate Division of Tata Power grabbed GOLD Award at International Convention for Quality Concepts 2019- Tokyo, Japan.
  • TATA Power-DDL has been recognised amongst India's Top 75 Workplaces for Women 2019.
  • Tata Power's Chief Sustainability Officer Shalini Singh named Asia's Top Sustainability Superwoman.
  • Tata Power awarded at the 10th CII ENCON Awards for energy conservation.
  • Tata Power wins award for 'Procurement Excellence' at SAP ARIBA Customer Success Day, Mumbai
  • Tata Power honoured with The CSR Journal Excellence Award for Education & Skill Training
  • CII recognizes Tata Power at its 7th National Excellence Practice Competition 2019
  • Tata Power bags platinum award for Occupational Health & Safety by Indian Chamber of Commerce
  • Directorate of Vocational Education & Training, Government of Maharashtra felicitates Tata Power for its efforts in vocational education and training
  • Tata Power recognized for addressing challenge of open defecation by Government of Netherlands
  • Tata Power conferred with 'Suraksha Puraskar' by the National Safety Council of India at the Safety Awards 2018
  • TPSDI honoured at the 6th Global Training & Development Leadership Awards for 'Excellence in Training & Development'
  • CGPL bags 'Gold' at APEX India Occupational Health & Safety Excellence Award 2018
  • Tata Power bags two awards at the Global CSR Excellence & Leadership Awards 2019
  • Tata Power conferred with 'Suraksha Puraskar' by the National Safety Council of India at the Safety Awards 2018
  • Tata Power was bestowed with two awards, - the 'Best Risk Management Framework & Systems - Power' and 'Business Continuity' at the 5th Edition of The India Risk Management Awards 2019.
  • Tata Power bags two awards at the 58th Annual Association of Business Communicators of India Awards.
  • Tata Power wins two awards at the Central Board of Irrigation and Power (CBIP) Awards 2019.
  • Tata Power won the '3rd ICSI CSR Excellence Award' for the year 2018.
  • TP Ajmer Distribution Limited (TPADL) Wins the North India Best Employer Brand Award 2018.
  • Tata Power bestowed with two awards at The India Risk Management Awards .
  • Tata Power Delhi Distribution Ltd is recognized among India's Best Companies to Work For 2019 Â by forum Great Place to work Institute .
  • Tata Power Solar bags the prestigious SolarRoofs Maharashtra State Excellence Award .
  • Tata Power Solar honoured with ‘Rooftop EPC Company of the year’ at the Punjab & Haryana State Annual Solar Awards 2019

2020:

  • Tata Power Ranks as One of India's Most Respected Companies by Business World.
  • Coastal Gujarat Private Limited awarded Environment Excellence Award by Indian Chamber of Commerce.
  • Tata Power honored with two awards -'Best Risk Management Framework & Systems Award - Power & Risk Governance Award' at 6th Edition of India Risk Management Awards.
  • Tata Power Skill Development Institute has won a gold at Brandon Hall 2020 Human Capital Management Excellence Awards.
  • Tata Power Solar won the prestigious award : “Best asset management team - EPC Utility Solar” in the ‘RE Asset Management Awards 2020’ ceremony.
  • Tata Power Solar has won the Gold Award for “Rooftop Solar EPC Company of the Year” under Industrial category at the India Rooftop Solar Congress 2020.

Milestones

  • 1915: First hydroelectric power generating station commissioned at Khopoli with an installed capacity of 40 MW, which was subsequently upgraded to 72 MW.
  • 1922: Commissioned another hydro power station at Bhivpuri with an installed capacity of 40 MW, subsequently upgraded to 72 MW.
  • 1927: Third Hydro power station of 90 MW capacity comes up at Bhira, which was subsequently upgraded to 150 MW.
  • 1956: To meet the increasing demand of electricity, a major thermal power station of 62.5 MW capacity is commissioned at Trombay.
  • 1965: Fourth thermal unit of 150 MW capacity comes on line at Trombay.
  • 1984: India's first 500 MW generating unit with multi-fuel burning capability is commissioned at Trombay.
  • 1990: Second 500 MW thermal unit comes up at Trombay.
  • 1994: A gas-based 180 MW capacity combined cycle plant is commissioned to provide quick-start capacity to Trombay Thermal Station and to ensure reliable and uninterrupted supply for essential services in Mumbai.
  • 1996: The 150 MW Pumped Storage Unit at Bhira was commissioned. 67.5 MW Thermal Power Plant at Jojobera (Jharkhand) comes into existence.
  • 2000: The Tata Hydro-Electric Co. Ltd., The Andhra Valley Power Supply Co. Ltd., and the Tata Power Co. Ltd., are amalgamated to become one entity - The Tata Power Company Limited. 120 MW Jojobera Unit 2 is commissioned.
  • 2001: 81.3 MW Diesel Generator based plant set up at Belgaum, Karnataka.
  • 2003: Tata Power enters into a joint venture with Power Grid Corporation of India Ltd., to develop a 1200 Km long transmission line to bring electricity from Bhutan to Delhi.
  • 2004: Tata Power floats a wholly owned subsidiary for the power trading business, known as Tata Power Trading Co. Ltd.
  • 2005: Unit 4 of 120 MW capacity at Jojobera is commissioned.
  • 2006 & 2007: Tata Power completes the acquisition of 30% equity in Indonesian Coal Mines, PT Kaltim Prima Coal (KPC), and PT Arutmin Indonesia, as well as trading companies from PT Bumi Resources. Ministry of Coal has allotted Mandakini Coal Block in Orissa jointly to Tata Power, Jindal Photo and Monnet Ispat; and Tubed Coal Block in Jharkhand with Hindalco. The 50.4 MW Khandke Wind Farm Project is completed in 3rd quarter of FY 08.
  • 2008: Unit 1 of 2 x 45 MW Phase of Haldia Project is synchronised with the grid. The 250 MW (Unit 8) expansion project at Trombay is commissioned.
  • 2009: The 120 MW Power House 6 at Tata Steel Works, Jamshedpur is commissioned 
  • 2010: The 120 MW Unit 5 at Jojobera is commissioned.
  • 2011: 3 MW Mulshi Solar Plant is commissioned in Maharashtra.
  • 2011: Unit 1 of the 1050 MW Maithon Joint Venture Project with Damodar Valley Corporation commissioned and stabilized.
  • 2012: 25 MW Mithapur (Gujarat) solar plant is commissioned.
  • 2012: 1050 MW Maithon Power Project is commissioned.
  • 2013: Tata Power has implemented the first 4000 MW Ultra Mega Power Project of India at Mundra, Gujarat, based on super critical technology. All 5 Units (Units 1, 2, 3, 4 and 5) have been commissioned.
  • 2014: Tata Power exits from Indonesian coal mine PT Arutmin Indonesia.
  • 2014: Acquires 39.2 MW Wind farm near Dwarka, Jamnagar in Gujarat.
  • 2014: Commissioned 28.8 MW Solar Power Project at Palaswadi in Maharashtra.
  • 2014: Completes Commissioning of 32 MW Wind farm project in Maharashtra.
  • 2015: Tata Power successfully commissioned the first cross border Hydro Power Project registered under UNFCCC's clean Development & Machingum of 126 MW at Dagachhu in Bhutan (Unit 1 & 2; 63 MW each).
  • 2015: The Tata Power stepped into it's 100 years of operations on February 9, 2015.
  • 2015: Tata Power's Joint-Venture 120 MW Itezhi Tezhi Hydro Power Project in Zambia gets CDM approval from UNFCCC.
  • 2015: Tata Power's Joint-Venture Maithon Power Limited (MPL) Commences flow of energy to Kerala on a Long Term Agreement basis.
  • 2016: Tata Power's Joint-Venture commissions 120 MW Itezhi Tezhi hydro Power Project in Zambia.
  • 2016: Tata Power innovates with Toshiba and Cargill, to design and develop India's first Pad mount Substation.
  • 2016: Tata Power synchronises 67.5 MW Unit 2 of its 202.5 MW IEL
  • 2016: Kalinganagar-Orissa project Crosses the 9,100 MW mark in generation capacity.
  • 2016: Tata Power completes 100 years of operation.
  • 2016: Tata Power strengthens its Renewable portfolio; successfully commissions 44 MW Lahori wind farm project in Madhya Pradesh.
  • 2016: Tata Power's total installed capacity now stands at 9,183 MW.
  • 2016: The Company has charted out aggressive growth plans for multi-fold growth in the next five years.
  • 2017: Tata Power completes construction of its 187 MW Hydro Project in Georgia.
  • 2017: Tata Power's Strategic Engineering Division (Tata Power SED) wins a prestigious Pilot Project Order from Ministry of Home Affairs for supply of Comprehensive Integrated Border Management System (CIBMS) to Border Security Force (BSF).
  • 2017: Tata Power's distribution arm TP Ajmer Distribution Limited signs Distribution Franchisee Agreement (DFA) with Ajmer Vidyut Vitran Nigam Limited (AVVN??.
  • 2017: Tata Power Renewable Energy Ltd. commissions two projects in Andhra Pradesh and Tamil Nadu.
  • 2017: Tata Power's non-fossil operating capacity climbs to 3060 MW.
  • 2017: Tata Power launches Customer Support Chatbot in Mumbai.
  • 2018: Tata Power Solar launches an extensive residential rooftop solution across India.
  • 2018: Tata Power does World's largest solar rooftop installation on a cricket stadium, at Cricket Club of India (Mumbai) through its Solar arm.
  • 2018: Tata Power is first power utility company in India to launch 'Power Rewards' loyalty programme in Mumbai.
  • 2018: Tata Power inaugurates India's first all-women Customer Relations Centre (CRC) in power utility customers sector at Mumbai.
  • 2018: Tata Power Renewable Energy Limited developed 250 MW of solar projects in Tumkur district, Karnataka.
  • 2018: Tata Power makes Mumbai EV ready; sets up strategic additional EV charging stations.
  • 2018: Tata Power Renewable Energy Limited commissions 100 MW Solar in Anantapur Solar Park, Andhra Pradesh.
  • 2018: Tata Power is first Power utility to automate bill payments using e-NACH; partners IDFC Bank for digitized solution in Mumbai.
  • 2018: Tata Power Renewable Energy Limited wins 150 MW Solar PV project in Maharashtra.
  • 2019: Tata Power Collaborates with AES and Mitsubishi Corporation to Power Up South Asia's Largest Grid-Scale Energy Storage System in India
  • 2019: BEST to extend 677 MW PPA with Tata Power for the next five years
  • 2019: Tata Power inaugurates 4th ‘All-Women’ Customer Relations Centre in Ghatkopar, Mumbai
  • 2020: IHCL joins hands with Tata Power for Solar Energy for Mumbai Hotels
  • 2020: Tata Power Central Odisha Distribution Limited inaugurates Master Customer Care Center at Powerhouse Square, Bhubaneswar
  • 2020: Tata Power signs a PPA with Tata Motors to commission India’s Largest Carport at Pune
  • 2020: Tata Power signs a PPA with Apollo Gleneagles Hospital, Kolkata to commission Indian health sector’s biggest carport
  • 2020: Tata Power to develop 100 MW Solar Project at Dholera Solar Park in Gujarat
  • 2020: MG Motor and Tata Power inaugurate first superfast EV charging Station in Nagpur
  • 2020: Tata Power completes sale of Defense business to Tata Advanced Systems Limited
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