The system will also optimise reactive power management, improving peak demand efficiency and strengthening the city's power infrastructure.
The company's reported expenses at Rs 14,249 crore in the reported quarter, which is lesser than Rs 14,254 crore incurred in the year-ago period.
Tata Power and the Asian Development Bank (ADB) have signed an MoU, coinciding with the ongoing Climate Conference (COP29) at Baku, Azerbaijan
Tata Power announced on Thursday that it has signed an agreement with Noida International Airport (NIA) which will entail a total investment of Rs 550 crore in solar and wind power supply, as well as the development of essential dry utilities and smart energy infrastructure at the airport.
Tata Power on Tuesday reported a 31 per cent jump in net profit at Rs 1,189 crore for the April-June quarter of 2024-25, compared to Rs 906 crore for the same quarter of the previous financial year.
Tata Power arm Tata Power Delhi Distribution Ltd (DDL), which operates mainly in northwest Delhi, has sent the SMS (message) to its customers, a source said.
This helped prevent the equivalent of 72,739 metric tons of carbon dioxide (CO2) emissions.
Tata Power Company Limited stock gained nearly 9 per cent to hit day’s high of Rs 57.85, but at 1.25 pm it was trading at Rs 57.
At present, Tata Power has total consumer base of 2.5 million spread in Ajmer and across major metropolitan cities including Mumbai, Delhi.
"Our subsidiary Tata Power Renewable Energy Ltd has received the order to build the 100MW solar plant from the state-run Gujarat Urja Vikas Nigam Ltd (GUVNL) at Raghanesda solar part."
