Company updateCNBC-TV18
Tata Power approves 11871 crore investment in 1800 MW project
Positive+205 sources
GreyOak summary
Tata Power's board approved a ₹11,871 crore investment for a 1,800 MW pumped storage project in Maharashtra, to be completed in 51 months. The project aims to support renewable energy round-the-clock applications and decarbonization. This follows a 48.6% rise in Q2 FY27 net profit to ₹1,366 crore.
What it affects
- Tata Power CompanyTATAPOWERPositive +20
Approved ₹11,871 croreRolling sentiment Positive +34
Source
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