Tata Power unit signs Rs 73,800 crore renewable power project with Tamil Nadu: Daily Market Update Equity 10 Jan 2024

Tata Power Renewable Energy Ltd, a unit of Tata Power Co, has inked a Rs 73,800 crore renewable energy power project with the Tamil Nadu government.

TPREL plans to explore opportunities to develop 10,000 MW of renewable energy power projects across solar, wind, hybrid, RTC, etc. over the next five to seven years, an exchange filing said.

Investments of nearly Rs 70,000 crore will be made in renewable projects in the state, across nearly 50,000 acres, it said.