Tata Power Company Ltd

Cessation of Independent Directors

• Anjali Bansal, Independent Director, ceased Oct 13, 2026 after completing a second consecutive term.
• Vibha Padalkar, Independent Director, ceased Oct 13, 2026 after completing a second consecutive term.
• Sanjay Vijay Bhandarkar, Independent Director, ceased Oct 13, 2026 after completing a second consecutive term.

MoU objectives

• MoU signed to explore collaboration in research, technology, and knowledge exchange on energy transition.
• Areas include grid flexibility, energy storage, AI/ML applications in energy, and advanced energy systems.
• Partnership connects Tata Power’s scale with Imperial College’s research capabilities.
• Aligned with India-UK Vision 2035 and Net Zero Innovation Partnership.
• Under Vision 2035, focus areas include energy storage and grid transformation.

Extension for Mundra Plant

• MoP extends Mundra Plant directions under Electricity Act Section 11 to December 31, 2026.

Meeting Details

• Date: September 23, 2026; exact time not disclosed.
• Type and mode: 1:1 and group meetings; physical format in London.
• Event: Analyst/Institutional Investor Meet organized by Tata Power.

Participants

• Key participants: Company management to attend.

Purpose

• Purpose: investor interaction with analysts and institutional investors.

Additional Notes

• Schedule may be revised; no unpublished price sensitive information will be conveyed.

Meeting Details

• Anand Rathi G-200 Summit 2026 — Date: Sep 21, 2026; Time: not disclosed; Venue: Mumbai; Mode: investor meetings.
• J.P. Morgan India Conference — Sep 22, 2026; Time: not disclosed; Mumbai; Mode: 1:1 physical / group meetings.

Participants

• Company management participants: roles not specified.

Purpose

• Purpose: schedule of analyst/institutional investor meetings.

Overview

• Second element of Jalpura–Khurja Transmission Project commissioned in Uttar Pradesh.
• 400 kV double-circuit Khurja–Jalpura line spans 162 CKM.
• Jalpura GIS substation commissioned at 400/220 kV with 1,000 MVA capacity.

Impact and portfolio

• Strengthens NCR and Western Uttar Pradesh transmission links.
• Transmission portfolio now stands at 7,900 CKM of lines operational and under execution.

Highlights

• TPREL portfolio grows to 12.3 GW and exceeds 7 GW operational capacity as of Aug 31, 2026.
• Commissioned 100 MW Kayathar solar project in Tamil Nadu, boosting operational capacity.
• Annual generation: 240.63 MUs; CO2 offset about 150,000 tonnes per year.
• 3 GW pipeline across solar (2.2 GW) and wind (3.1 GW) for 6–24 months.
• FTC Single Axis Tracker deployed, India's first for a Tata project.
• Aims to reach 500 GW non-fossil capacity by 2030.

Project details and impact

• 5 MW captive solar project commissioned for Tata Steel in Kalasar, Rajasthan.
• Supplies green energy to Tata Steel via TP Vardhman Surya Limited.
• Expected to generate 166 MUs of green energy annually.
• Offsets about 118,856 tonnes of carbon emissions per annum.
• TPREL total renewable utility capacity reaches 12.3 GW.
• Operational capacity rises to about 7 GW: solar 5.7 GW, wind 1.3 GW.
• 3 GW under implementation; 2.2 GW solar and 3.1 GW wind to be commissioned in 6–24 months.
• EV charging network expanded to over 7,000 public points in 717 cities.
• TPREL total capacity (operational + under construction) exceeds 26 GW.
• Net-zero by 2045 commitment; supports India's 500 GW non-fossil fuel target by 2030.