According to the company’s investor presentation, 65% of the capex is directed toward clean energy projects. In FY25, Tata Power’s capex stood at Rs 17,273 crore, which has now been nearly doubled to Rs 25,000 crore for FY26.
The total capital outlay estimated between FY26 and FY30 is Rs 1.25 lakh crore, based on the planned annual spend of Rs 25,000 crore.
In the power generation segment, the company reported a thermal capacity of 15.7 gigawatts (GW) in FY25 and aims to scale it up to 30 GW by FY30. On the renewable front, Tata Power plans to increase its clean and green capacity from 7 GW to 20 GW by March 2031.
The capacity of transmission lines, both operational and under-construction, stood at 7,047 circuit kilometres (ckm) as of FY25 and is planned to be scaled to 10,000 ckm. In the distribution space, the company currently caters to 12.8 million customers and is targeting an expansion to 40 million by 2030.
Tata Power has applied for licences to operate in new states, including Goa.
Tata Power currently operates in the distribution sector through joint ventures in Odisha and Delhi, while managing operations independently in Mumbai. In Rajasthan’s Ajmer district, electricity is distributed via its subsidiary TP Ajmer Distribution Ltd.The company is also exploring opportunities in Uttar Pradesh, where two power distribution companies are undergoing privatisation.
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