Tata Power Company Bags ₹351.3 Cr Order

Tata Power Company Management Change

Tata Power's board appointed Sanjay Banga as Additional Director and CEO Designate from November 11, 2026, and as CEO & MD from May 1, 2027. Both appointments are subject to shareholder approval for the CEO & MD term.

Execution

May 1, 2027 to April 30, 2032 (CEO & MD term, five years, subject to shareholder approval)

Tata Power Company Other Announcement

Tata Power's auditor SRBC & Co issued a limited-assurance report confirming compliance with debenture trust deed covenants as at September 30, 2026. It is a routine Reg 56(1)(d) compliance certificate with no new money or business event.

Tata Power Company Debt & Borrowing: ₹1,500 Cr

Tata Power reported using ₹1,500 Crore raised through private placement NCDs on 14 July 2026, mainly for refinancing existing debt. No deviation from the stated objects was reported.

Value

₹1,500 Cr

Tata Power Company Capacity Expansion: ₹11,871 Cr Investment

Tata Power's board approved an 1,800 MW pumped storage project at Shirwata, Maharashtra. The project needs ₹11,871 crore of investment over 51 months, funded 75% by debt.

Value

₹11,871 Cr

Execution

51 months

pumped storage capacity

1800.0 MW

Tata Power Company Results Update

Tata Power reported record Q2 FY27 PAT of ₹1,652 crore, up 33% YoY, on revenue of ₹19,886 crore. H1 FY27 PAT reached a record ₹3,053 crore.

Tata Power Company Investor Presentation: Key Takeaways

Q2 FY27 consolidated revenue ₹19,886 Cr (+28%), EBITDA ₹4,245 Cr ex one-offs (+13%), PAT before exceptionals ₹1,521 Cr (+46%). Record H1 capex ~₹10,000 Cr; FY30 aspirations unchanged.

Power Grid Corporation of India Bags ₹243.3 Cr Order

PowerGrid was declared successful bidder under TBCB for a Humnabad sub-station and transmission project in Karnataka. Annual transmission charges total Rs.243.34 Crore.

Value

₹243.3 Cr

substation transformation capacity

1500.0 MVA

Time Technoplast Bags ₹38.14 Cr Order from Hindustan Petroleum Corporation Limited

Time Technoplast received an additional order worth Rs.38.14 Crore from Hindustan Petroleum for Type IV composite LPG cylinders. Execution is due within six months.

Value

₹38.14 Cr

From

Hindustan Petroleum Corporation Limited

Execution

Within six months

Cochin Shipyard Bags ₹500 Cr Order from Ministry of Defence, Government of India

Cochin Shipyard signed a ~Rs. 500 crore contract with the Ministry of Defence for refit cum re-powering of a naval vessel. Execution is expected over about two years.

Value

₹500.0 Cr

From

Ministry of Defence (MoD), Government of India

Execution

Approximately 2 years

Innovision Bags ₹12.17 Cr Order from NHAI

Innovision received a Rs 12.17 Crore NHAI user fee agency and toilet maintenance contract on the Shamli–Muzzafarnagar NH709AD section. Execution is due within 90 days.

Value

₹12.17 Cr

From

NHAI (National Highways Authority of India)

Execution

90 Days

HLE Glascoat Bags ₹448.5 Cr Order

HLE Glascoat secured an international order worth Rs.448.53 Crore for heat exchangers for an energy storage project. Execution is expected to complete progressively by November 2028.

Value

₹448.5 Cr

Execution

Expected to be completed progressively by November 2028, subject to contractual commencement provisions.

HLE Glascoat Bags ₹390.6 Cr Order from International entity in the long-duration energy storage sector

Kinam Engineering, an HLE Glascoat subsidiary, won a USD 42 million+ energy storage order, about INR390.6 Crore. Execution runs through November 2028.

Value

₹390.6 Cr

From

International entity in the long-duration energy storage sector (name withheld)

Execution

Progressively through November 2028, subject to contractual commencement provisions