Tata Power

Tata Power has successfully mobilized ₹2,000 crore through the issuance of non-convertible debentures (NCDs), marking a strategic move to strengthen its balance sheet and fund future growth initiatives. The capital raising reflects investor confidence in the company’s operational performance, renewable energy ventures, and long-term growth prospects. Analysts note that the funds will likely support project expansion, debt refinancing, and renewable energy investments, reinforcing Tata Power’s position in India’s evolving power sector.

Tata Power has secured the mandate to develop the 1,125 MW Dorjilung Hydropower Project in Bhutan, marking a major milestone in India-Bhutan energy cooperation. The project is poised to strengthen regional power security, expand clean energy capacity, and deepen cross-border infrastructure partnerships. As India pushes to enhance renewable energy generation and Bhutan continues leveraging hydropower as a driver of economic growth, the Dorjilung initiative represents a strategic win for both nations.

Juniper and Tata Power have partnered to develop a 70 MW renewable energy project, reflecting India’s ongoing commitment to clean energy expansion and sustainable development. The initiative will deploy advanced solar and wind technologies to generate reliable, low-carbon electricity, supporting industrial and commercial energy demand. By leveraging Juniper’s technological expertise and Tata Power’s operational experience, the project aims to enhance efficiency, reduce emissions, and contribute to the nation’s renewable energy targets.

The Tata Group is in advanced discussions to acquire full ownership of Resurgent Power Ventures Pte, a Singapore-based energy investment platform. Tata Power, which currently holds a 26% stake through a subsidiary, is negotiating with other shareholders—including ICICI Venture Funds, the Kuwait Investment Authority (KIA), and the Oman Investment Authority (OIA)—to purchase their combined 74% interest. The proposed deal would value Resurgent Power at approximately $2.1 billion, inclusive of debt.