Tata Power Company Limited is an Indian

electric utility An electric utility, or a power company, is a company in the electric power industry (often a public utility) that engages in electricity generation and distribution of electricity for sale generally in a regulated market. Electric utilities are ...

and

electricity generation Electricity generation is the process of generating electric power from sources of primary energy. For electric utility, utilities in the electric power industry, it is the stage prior to its Electricity delivery, delivery (Electric power transm ...

company based in

Mumbai Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the Indian state of Maharashtra. Mumbai is the financial capital and the most populous city proper of India with an estimated population of 12 ...

India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...

and is part of the

Tata Group The Tata Group () is an Indian multinational conglomerate group of companies headquartered in Mumbai. Established in 1868, it is India's largest business conglomerate, with products and services in over 160 countries, and operations in 100 c ...

. With an installed electricity generation capacity of 14,707 MW out of which 5847 MW is from Non-Conventional(Green Energy) sources rest from thermal, making it India's largest integrated power company. In February 2017, Tata Power became the first Indian company to ship over 1 GW solar modules. Tata Power 2016 stamp of India

History

The firm started as the Tata Hydroelectric Power Supply Company in 1910,Kale, Sunila (2014).
Electrifying India: Regional Political Economies of Development
'. Stanford University Press. p. 72. .Tyson, Kirk (1996).
Competition in the 21st Century
'. CRC Press. p. 173. . which amalgamated with the Andhra Valley Power Supply Company in 1916. It commissioned India's Second hydro-electric project in 1915 in Khopoli for 72 MW. Then second and third power plants were installed in Bhivpuri (75 MW) in 1919 and Bhira (300 MW) in 1922.

Operations

Tata Power has operations in India, Singapore, Indonesia, South Africa, Zambia, Georgia,Mauritius and Bhutan. Tata Power Group has its operations based in 20 locations in India.
The

thermal power station A thermal power station, also known as a thermal power plant, is a type of power station in which the heat energy generated from various fuel sources (e.g., coal, natural gas, nuclear fuel, etc.) is converted to electrical energy. The heat ...

s of the company are located at Trombay in

Mundra Mundra is a census town and a headquarter of Mundra Taluka of Kutch district, Kachchh district in the Indian States and territories of India, state of Gujarat. Founded in about the 1640s, the town was an important mercantile centre and port thr ...

Gujarat Gujarat () is a States of India, state along the Western India, western coast of India. Its coastline of about is the longest in the country, most of which lies on the Kathiawar peninsula. Gujarat is the List of states and union territories ...

, Jojobera and Maithon in

Jharkhand Jharkhand (; ) is a States and union territories of India, state in East India, eastern India. The state shares its border with the states of West Bengal to the east, Chhattisgarh to the west, Uttar Pradesh to the northwest, Bihar to the north ...

, Kalinganagar in

Odisha Odisha (), formerly Orissa (List of renamed places in India, the official name until 2011), is a States and union territories of India, state located in East India, Eastern India. It is the List of states and union territories of India by ar ...

, Haldia in

West Bengal West Bengal (; Bengali language, Bengali: , , abbr. WB) is a States and union territories of India, state in the East India, eastern portion of India. It is situated along the Bay of Bengal, along with a population of over 91 million inhabi ...

and Bangalore in

Karnataka Karnataka ( ) is a States and union territories of India, state in the southwestern region of India. It was Unification of Karnataka, formed as Mysore State on 1 November 1956, with the passage of the States Reorganisation Act, 1956, States Re ...

. The hydro stations are located in the Western Ghats of Maharashtra and the wind farms in

Ahmednagar Ahmednagar, officially Ahilyanagar, is a city in, and the headquarters of, the Ahmednagar district, Maharashtra, India. Ahmednagar has several dozen buildings and sites from the Nizam Shahi period. Ahmednagar Fort, once considered almost impre ...

, Supa, Khanke, Brahmanwel, Gadag, Samana and Visapur. The company installed India's first 500 MW unit at Trombay, the first 150 MW pumped storage unit at Bhira, and a flue gas desulphurization plant for

pollution control Pollution is the introduction of contaminants into the natural environment that cause harm. Pollution can take the form of any substance (solid, liquid, or gas) or energy (such as radioactivity, heat, sound, or light). Pollutants, the component ...

at Trombay. It has generation capacities in the States of

and

, and a distribution company in

Delhi Delhi, officially the National Capital Territory (NCT) of Delhi, is a city and a union territory of India containing New Delhi, the capital of India. Straddling the Yamuna river, but spread chiefly to the west, or beyond its Bank (geography ...

, servicing over one million consumers spread over 510 square km in the North Delhi. The peak load in this area is about 1,150 MW. Tata Power announced on 24 July 2012, commissioning of the second unit of 525 MW capacity of the Maithon mega thermal project in Dhanbad. The first unit of identical capacity was commissioned in September 2011. It also has a distribution company in Ajmer,Rajasthan.And only produces Green Energy in

Rajasthan Rajasthan (; Literal translation, lit. 'Land of Kings') is a States and union territories of India, state in northwestern India. It covers or 10.4 per cent of India's total geographical area. It is the List of states and union territories of ...

which includes 755 MW of solar energy(Tata Power Solar) and 185 MW of Wind Energy taking total green energy generation to 940 MW. Tata Power has established a 4.3 gigawatt (GW) solar module manufacturing plant near Tuticorin in Tamil Nadu which is expected to be fully functional by end of October, 2024.

Major power plants

* Mundra Ultra Mega Power Plant. A 4,000 MW (5×800 MW) coal-based thermal power plant at

Kutch district Kutch district (), officially spelled Kachchh is a district of Gujarat state in western India, with its headquarters (capital) at Bhuj. Covering an area of 45,674 km2, it is the largest district of India. The area of Kutch is larger than ...

. This plant is fully functional. * Trombay Thermal Power Station. A 1,580 MW thermal power plant at Trombay, near

Maharashtra Maharashtra () is a state in the western peninsular region of India occupying a substantial portion of the Deccan Plateau. It is bordered by the Arabian Sea to the west, the Indian states of Karnataka and Goa to the south, Telangana to th ...

. This plant is fully functional. * Maithon Power Plant. A 1,050 MW (2×525 MW) coal-based thermal power plant at Maithon,

Dhanbad Dhanbad is the second-most populated city in the Indian state of Jharkhand after Jamshedpur and a major financial hub of Jharkhand. In terms of economy, Dhanbad has the largest economy in the state of Jharkhand and it is often referred to as th ...

, Dhanbad district,

. This plant is fully functional. This power plant is owned by Maithon Power Limited a 74:26 joint venture between Tata Power and Damodar Valley Corporation. * Jojobera Power Plant. A 427.5 MW (67.5 MW and 3×120 MW) coal-based thermal power plant at Jojobera in

Jamshedpur Jamshedpur (; ), also known as Tatanagar, is a major industrial city in eastern India. It is the List of cities in Jharkhand by population, largest city in the state of Jharkhand. With a population of 629,658 in the city limits and 1.3 million ...

, East Singhbhum district,

. This plant is fully functional.

International operations

The company has executed overseas projects in the

Middle East The Middle East (term originally coined in English language) is a geopolitical region encompassing the Arabian Peninsula, the Levant, Turkey, Egypt, Iran, and Iraq. The term came into widespread usage by the United Kingdom and western Eur ...

Africa Africa is the world's second-largest and second-most populous continent after Asia. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 20% of Earth's land area and 6% of its total surfac ...

and

South East Asia Southeast Asia is the geographical United Nations geoscheme for Asia#South-eastern Asia, southeastern region of Asia, consisting of the regions that are situated south of China, east of the Indian subcontinent, and northwest of the Mainland Au ...

including: *

Jebel Ali Jebel Ali () is a port town south-west of Dubai. The Jebel Ali Port is located there. Al Maktoum International Airport has been constructed just outside the port area. Jebel Ali is connected to Dubai via the UAE Exchange (formerly Jebel Al ...

'G' station (4×100 = 400 MW +

desalination plant Desalination is a process that removes mineral components from saline water. More generally, desalination is the removal of salts and minerals from a substance. One example is soil desalination. This is important for agriculture. It is possible ...

) in

Dubai Dubai (Help:IPA/English, /duːˈbaɪ/ Help:Pronunciation respelling key, ''doo-BYE''; Modern Standard Arabic, Modern Standard Arabic: ; Emirati Arabic, Emirati Arabic: , Romanization of Arabic, romanized: Help:IPA/English, /diˈbej/) is the Lis ...

Al-Khobar Khobar () is a city and List of governorates of Saudi Arabia, governorate in the Eastern Province, Saudi Arabia, Eastern Province of the Saudi Arabia, Kingdom of Saudi Arabia, situated on the coast of the Persian Gulf. With a population of 409,549 ...

II (5×150 = 750 MW + desalination plant) in Saudi Arabia *

Jeddah Jeddah ( ), alternatively transliterated as Jedda, Jiddah or Jidda ( ; , ), is a List of governorates of Saudi Arabia, governorate and the largest city in Mecca Province, Saudi Arabia, and the country's second largest city after Riyadh, located ...

III (4×64 = 256 MW + desalination plant) in Saudi Arabia, *

Shuwaikh Shuwaikh () is a seaside district of Kuwait City in Kuwait Kuwait, officially the State of Kuwait, is a country in West Asia and the geopolitical region known as the Middle East. It is situated in the northern edge of the Arabian Peninsula at t ...

(5×50 = 250 MW) in Kuwait * EHV substations in

UAE The United Arab Emirates (UAE), or simply the Emirates, is a country in West Asia, in the Middle East, at the eastern end of the Arabian Peninsula. It is a federal elective monarchy made up of seven emirates, with Abu Dhabi serving as i ...

and Algeria *Power plant operation and maintenance contracts in Iran and Saudi Arabia. *Tata Power has a Russian subsidiary, namely Far Eastern Natural Resources LLC, that has a license for a

coal Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other Chemical element, elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal i ...

mine in

Kamchatka Krai Kamchatka Krai (, ) is a federal subjects of Russia, federal subject of Russia (a krai), situated in the Russian Far East. It is administratively part of the Far Eastern Federal District. Its administrative center and largest types of inhabited l ...

Problems

In cause of dramatically higher coal prices as assumed in the plannings and a fixed price arrangement the Mundra plant in 2012 made big losses. After three successive years of losses as a result, cash flow was becoming an issue for the company. In January 2014 the company sold a 30 percent stake in Indonesian coal company PT Arutmin for $500 million. In July 2014 it signed an option to sell a 5 percent stake in Indonesian coal company Kaltim Prima Coal for $250 million. As of March 2024, Tata Power's consolidated debt stood at Rs.49,480 crore.

Future projects

Tata Power has a 51:49 joint venture with PowerGrid Corporation of India for the Tata transmission project, India's first transmission project executed with public-private partnership financing. Tata Power has plans to expand generation capacity of 4,000 MW Mundra plant, the country's first operational ultra mega power project, to 5,600 MW. The company also has a 74:26 joint venture with Damodar Valley Corporation for 1,050 MW coal-based thermal power plant at Maithon in Dhanbad district of Jharkhand, named as Maithon Power Limited. Both units were commissioned on 24 July 2012. It has another 74:26 joint venture with Tata Steel Limited for thermal power plants to meet the captive requirements of Tata Steel, under name Industrial Energy Limited. Tata Power has announced its partnership with Sunengy an Australian firm to build India's first floating solar plant based on Liquid Solar Array technology. In 2016, Tata Power made significant inroads into the

renewable energy Renewable energy (also called green energy) is energy made from renewable resource, renewable natural resources that are replenished on a human lifetime, human timescale. The most widely used renewable energy types are solar energy, wind pow ...

market in India by means of its acquisition of Welspun Renewables, for a record price of $1.3 billion, the largest acquisition in the Indian renewables sector. Tata Power bagged a 25-year licence for distribution and retail supply of electricity in Odisha's five circles, together constituting Central Electricity Supply Utility of Odisha (CESU) for about Rs 175 crore. On December 11, 2023, Tata Power and

Indian Oil Corporation Indian Oil Corporation Limited (IOCL or IOC), trading as IndianOil, is an Indian multinational oil and gas company under the ownership of the Government of India and administrative control of the Ministry of Petroleum and Natural Gas. It is ...

announced a partnership to establish over 500

electric vehicle An electric vehicle (EV) is a motor vehicle whose propulsion is powered fully or mostly by electricity. EVs encompass a wide range of transportation modes, including road vehicle, road and rail vehicles, electric boats and Submersible, submer ...

(EV) charging points across India, aiming to enhance the country's EV infrastructure and facilitate intercity travel for EV users. On 17th September 2024, CEO Praveer Sinha informed that the company planned to invest up to $9 billion to more than quadruple its renewable energy capacity to more than 20 gigawatts (GW) over the next five to six years.

Shareholding

As on 25 December 2023,

held 32.46% shares in Tata Power. Around 210,000 individual shareholders hold approx. 16% of its shares. Life Insurance Corporation of India is the largest non-promoter shareholder in the company with 12.90% shareholding. The equity shares of Tata Power are listed on the

Bombay Stock Exchange BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange based in Mumbai. It is the 6th largest stock exchange in the world by total market capitalization, exceeding $5 trillion in May 2024. Established with t ...

, where it is a constituent of the BSE SENSEX index, and the

National Stock Exchange of India National Stock Exchange of India Limited, also known as the National Stock Exchange (NSE), is an Indian stock exchange based in Mumbai. It is the List of stock exchanges, 5th largest stock exchange in the world by total market capitalization, ...

, where it is a constituent of the

NIFTY 50 The NIFTY 50 is an Indian stock market index that represents the Capitalization-weighted index#Free-float weighting, float-weighted average of 50 of the largest Indian companies listed on the National Stock Exchange of India, National Stock E ...

.
Its Global Depository Receipts (GDRs) are listed on the

London Stock Exchange The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...

and the

Luxembourg Stock Exchange The Luxembourg Stock Exchange, LuxSE () is based in Luxembourg City at 35A boulevard Joseph II. The chairman of the board is Alain Kinsch and the chief executive officer is Julie Becker. History A law establishing a stock exchange in Luxemb ...

. *

References

External links

* {{Nifty 200 companies Companies based in Mumbai Tata Sons subsidiaries Electric power companies of India Energy in Maharashtra Energy companies established in 1910 Indian companies established in 1910 Tata Power Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange Indian companies established in 1919 sv:Tata (konglomerat)#Energi