Tata group stock jumps 4% after it signs power purchase agreement with NTPCTata group stock jumps 4% after it signs power purchase agreement with NTPC

Introduction:

Leading Tata group company has signed a significant Power Purchase Agreement with NTPC Limited to develop a 200 MW firm and dispatchable renewable energy project, aiming to strengthen reliable green energy supply across the country.

Also Read: Sathlokhar Synergys receives order worth ₹219 Cr from Muthiah Muralitharan’s company

Share price movement of Tata Power:

On April 15, 2025, Tata Power Company Ltd opened at ₹377.00, up 3.42% from its previous close of ₹364.50. The stock hit a high of ₹380.50 (4.39%) and a low of ₹372.15. By 9:58 AM, it traded at ₹378.25, marking a 3.77% gain, with a market cap of ₹1,20,879.70 crore.

Tata Power Renewable Signs PPA with NTPC:

Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has entered into a Power Purchase Agreement (PPA) with NTPC Limited. The agreement is for establishing a 200 MW Firm and Dispatchable Renewable Energy project.

This domestic contract includes provisions for assured power supply tailored to NTPC’s scheduling needs. The project is expected to be completed over 24 months and carries a capital commitment of approximately ₹4,500 crore. The project aims to enhance reliable renewable energy delivery.

According to regulatory filings, there is no promoter interest or related party transaction involved in this agreement. The information is publicly available on Tata Power’s official website for investor reference and regulatory compliance.

Stock performance of Tata Power for Period of 1 week, 6 months, and 1 year:

Tata Power Company Ltd delivered a 1.32% return over the past week. It declined by 19.0% in the past six months and dropped 15.6% over the past year.

Also Read: Ashoka Buildcon receives order worth ₹568.86 Cr from Central Railway

Shareholding pattern of Tata Power:

Particulars	Dec 2024	Sep 2024	Jun 2024
Promoter	46.90%	46.90%	46.90%
FII	10%	9%	10%
DII	16%	17%	16%
Public	27.70%	27.00%	27.80%

About Tata Power:

Tata Power Company Ltd (NSE: TATAPOWER) is India’s largest vertically-integrated power company, engaged in generation, transmission, and distribution, with a strong focus on renewable energy, solar roofs, and EV charging infrastructure.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.