Amped and Ambitious: Tata Power Targets 7.3 GW in Green Glory by FY26

Tata Power Company Ltd. has unveiled a strong growth plan to raise its total operational capacity to 7.3 GW by the end of FY26, solidifying its position as a sector leader in India's clean energy transition. The company will add 1.7 GW of utility-owned capacity during the next fiscal year, with an emphasis on solar and hybrid projects.

In a notable milestone, Tata Power Renewable Energy Ltd. (TPREL) has already commissioned 752 MW of solar projects in Q1 FY26, and this is a good start to the year. These projects are distributed across several states and include utility-scale installations as well as group captive and rooftop installations.

FY26 Expansion Highlights

Total Target: Commissioning 7.3 GW operational capacity by March 2026.
New Additions: 1.7 GW utility-owned capacity to be commissioned during FY26.
Q1 Target: 752 MW of TPREL commissioned solar projects.

Strategic Focus Areas

Solar Supremacy: Solar PV and hybrid systems to contribute the most to new capacity.
Manufacturing Pillar: TP Solar's 4.3 GW Tamil Nadu cell and module manufacturing facility for domestic procurement.
Green Energy Basket: Tata Power aims at 70% of the basket for renewables by 2030 with 23 GW of clean energy capability.

Market Influence

Tata Power renewable capacity is now at 6.7 GW, comprising 43% of its total capacity.
The company's renewable pipeline stands at over 10 GW, contributing significantly to India's 500 GW non-fossil fuel ambition.

Sources: Tata Power Investor Resource Center, Tata Group, Fortune India, Tata Power Solar, Tata Power Renewable