Tata Power gains 4% after commissioning 198 MW solar project in Tamil NaduTata Power gains 4% after commissioning 198 MW solar project in Tamil Nadu

Introduction

Leading renewable energy firm commissions 198 MW wind project in Karur, Tamil Nadu, generating 31 million units annually for Tata Steel and reducing 26,350 tons of CO₂.

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Share price movement of Tata Power

On February 3, 2026, Tata Power Company Ltd opened at ₹366.20, up 2.09% from its previous close of ₹358.75. The stock reached a high of ₹372.10 (3.68%) and a low of ₹364.95. By 11:40 AM, it traded at ₹368.30, a 2.66% increase, with a market cap of ₹1,17,684.36 crore.

Tata Power Launches Karur Wind

Tata Power Renewable Energy Limited (TPREL),  a subsidiary of The Tata Power Company Limited, commissioned a 198 MW wind project in Karur, Tamil Nadu, under the Group Captive model to supply renewable power to Tata Steel.

The project comprises 55 wind turbines of 3.6 MW each. It is designed to generate 31 million units of electricity annually, supporting Tata Steel’s decarbonization and sustainability goals.

TPREL estimates the project will offset around 26,350 tons of CO₂ per year. This contributes to green energy supply and Tata Steel’s commitment to reducing its carbon footprint.

The project used a self-EPC model. TPREL managed civil, engineering, transmission, and turbine installation internally, avoiding reliance on external OEMs for Balance of Plant or related works.

Execution milestones were achieved rapidly. Foundations were completed in 126 days, and wind turbine installation finished in 167 days, highlighting TPREL’s engineering capabilities and project management efficiency.

TPREL’s total renewable capacity now stands at 11.6 GW, with 6.2 GW operational. The company continues developing 5.8 GW of solar and wind projects across multiple Indian states

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

Tata Power Ltd delivered a 3.18% return over the past week and declined 6.94% in the past 6 months. The stock gained 1.10% over the past 1 year.

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Shareholding pattern of Tata Power

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	46.90%	46.90%	46.90%
FII	10.00%	10.20%	10.10%
DII	17.50%	16.70%	16.30%
Public	25.60%	26.30%	26.80%

About Tata Power

Tata Power Ltd (NSE: TATAPOWER) is a leading integrated power company with 16.3 GW capacity, 46% clean energy, serving 13 million customers across India.

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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.

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