Tata Power Company Ltd has announced an investment of Rs 600 million to acquire a strategic stake in Kalthia Hydro Power Ltd (KHPL). The move aligns with Tata Power’s clean energy expansion strategy and strengthens its presence in the hydroelectric segment of India’s renewable energy landscape.
Hydropower Bet Reinforces Tata Power’s Green Energy Push
Tata Power Company Ltd, one of India’s largest integrated power utilities, has committed Rs 600 million to acquire a minority stake in Kalthia Hydro Power Ltd (KHPL). The investment is part of Tata Power’s broader strategy to diversify its renewable energy portfolio and increase its footprint in hydroelectric generation.
KHPL operates small and medium-sized hydro projects across northern India, contributing to the country’s non-fossil fuel energy mix. Tata Power’s infusion is expected to support KHPL’s operational scale-up and future project development, especially in hilly terrains where hydro potential remains untapped.
This strategic move complements Tata Power’s existing investments in solar, wind, and hybrid energy assets, reinforcing its commitment to achieving net-zero goals and supporting India’s clean energy transition.
Key Developments
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Tata Power invests Rs 600 million in KHPL
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Stake acquisition supports hydroelectric portfolio expansion
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KHPL operates small and medium hydro projects in northern India
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Investment aligns with Tata Power’s clean energy roadmap
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Enhances diversification across renewable energy segments
Sources: BSE Filings, Economic Times, Business Standard, Tata Power Company Ltd Investor Updates, Financial Express