Compared to the Rs 50,000 crore it spent between 2021 and 2025, Tata Power plans to spend 2.5 times as much capital over the following five years. Praveer Sinha, the company’s MD and CEO, said, “we will incur a capital expenditure of Rs 1.25 lakh crore between 2026 and 2030.” The organization would incur an…
Tata Projects, the engineering, procurement, and construction (EPC) division of the Tata group, is predicting double-digit growth in the current fiscal year by placing bets on sustainability and electronics.With FY24 revenues of Rs 17,247 crore, the company made Rs 139 crore in profits last year. In FY25, its competitor L&T anticipates a 15% increase in…
Tuesday saw a nearly 6% increase in Tata Power Company’s stock, which by early afternoon on the NSE had reached Rs 445. The increase comes as it was revealed that Tata Power subsidiary TP Solar has started producing solar cells for sale at its recently opened facility in Tirunelveli, Tamil Nadu. The 4.3 GW plant,…
The energy sector is expected to account for 35% of revenues for Tata Projects, the engineering, procurement, and construction (EPC) arm of the Tata Group, in the next two to three years, up from 25% at the moment. To this end, the company intends to expand internationally, boost business from group companies, and build its…
A deal to purchase a 10% stake in CueZen, a Delaware Corporation, was announced by Titan Company Limited’s subsidiary TCL North America on Friday. We would like to notify you that TCL North America Inc., a wholly owned subsidiary of the company, has signed a Series Seed Stock Purchase Agreement with CueZen, Inc., a Delaware…
