Tata group stock jumps after signing MoU worth ₹30,000 Cr with Assam Govt for of renewable and clean energyTata group stock jumps after signing MoU worth ₹30,000 Cr with Assam Govt for of renewable and clean energy

Introduction:

Tata Group stock has signed an MoU with the Assam Government at Advantage Assam 2.0 to develop 5,000 MW of renewable energy with a ₹30,000 crore investment over five years. This initiative supports Assam’s clean energy transition, infrastructure expansion, and economic growth.

Share Price movement of Tata Power Company:

On February 25, 2025, Tata Power Company Limited opened at ₹353.25, reaching a high of ₹356.00, up 1.28% from its previous close of ₹351.50 and a low of ₹345.85. Currently stock is trading at ₹346.85, with a market cap of ₹1,10,830.35 crore.

Tata Power Company signed new MoU:

Tata Power has signed an MoU with the Assam Government at Advantage Assam 2.0 to develop up to 5,000 MW of renewable energy projects, including solar, wind, hydro, and energy storage, with a ₹30,000 crore investment over five years. The initiative aims to accelerate Assam’s clean energy transition.  

As part of this collaboration, the Assam Government will allocate 20,000 acres of encumbrance-free land and support private land acquisition. It will also provide infrastructure for seamless transmission, facilitate single-window clearances, and promote Renewable Energy Parks through state agencies to boost project execution.  

Tata Power Renewable Energy Limited also signed an MoU with APDCL to scale rooftop solar projects under the PMSGY scheme, creating 3,000 direct jobs. This partnership aligns with Assam’s goal of achieving 500 MW solar capacity by 2027, reinforcing economic growth and energy efficiency.

Recent news About Tata Power Company :

In February 2025, Tata Power Renewables partnered with ONGC to explore Battery Energy Storage Systems (BESS). This collaboration aims to improve grid reliability and advance clean energy solutions for utility-scale projects and EV charging infrastructure, supporting India’s renewable energy transition.

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

Tata Power’s stock declined 1.80% over the past week, reflecting short-term weakness. Over the last six months, it dropped 19.1%, indicating significant downward pressure. In the past year, the stock fell 3.90%, showing an overall negative trend despite its long-term growth potential in the energy sector.

Shareholding pattern of Tata Power Company :

All values in %	Dec-24	Sep-24	Jun-24
Promoters	46.86	46.86	46.86
FII	9.45	9.15	9.5
DII	16.04	16.96	15.82
Retail & others	27.66	27.02	27.81

About Tata Power Company :

Tata Power Company is one of India’s largest integrated power companies, operating in generation, transmission, and renewable energy. It focuses on solar, wind, hydro, and EV infrastructure, driving sustainability while expanding its footprint in India’s clean energy transition and power distribution sector.
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.