Environment

How this Tata company is going clean on energy, powered by a solid balance sheet

In the fourth quarter of FY25, Tata Power, which has pledged to halt investments in new coal-fired power plants, is expected to achieve an important milestone in solar power. The company is also gearing up to start a significant hydro project in January 2025.

Tata Power, which has pledged to halt investments in new coal-fired power plants, is accelerating its green-energy drive. Even though the goal of India’s largest private-sector power and energy company is to source two-thirds of its power from renewable sources, it is on the brink of surpassing its total thermal capacity of 8.8 gigawatt (GW).

And an extended monsoon has added a twist to its renewable-energy plans. “The abnormal monsoon, which.