Tata Power
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About Tata Power
In the early 1900s, India's industrial dreams flickered to life in the far-out hinterland of rural Maharashtra. Visionary seer Jamsetji Tata, during one of his visits to the Western Ghats, witnessed natural conduits of rainwater in the hills. It was then that, amidst the raw power of nature, the spark for Tata Power ignited. He saw in those cascading waterfalls a potential far greater than mere aesthetics—a chance to harness the energy of hydroelectricity to power schools, factories, homes, and hospitals in the city of Mumbai.
In 1997, we aquired a 67.5 MW coal-based power plant in Jharkhand, named the Jojobera plant.
In 2000, Tata Power Company Limited was formed with the amalgamation of Tata Hydro-Electric Co. Ltd., Andhra Valley Power Supply Co. Ltd., and Tata Power Co. Ltd. Additionally, in the same year, as Jojobera continued to grow, a second unit of 120 MW was commissioned to meet the increasing demand from Tata Steel. As a result, four more units of 120 MW were set up at Jojobera in the years 2000, 2001, 2005, and 2010, respectively.
Since then there has been no looking back. With our growth, we aim to grow India into a State that is synonymous with Sustainable Growth and Efficient in delivering power to its growing economy. We will continue to write new stories. One where technology empowers, sustainability thrives, and the future gleams with endless possibilities.
Tata Power Subsidiaries
Tata Power Solar
Prayagraj Power Generation
Welspun Energy
COASTAL GUJARAT POWER
Tata Power Trading Company
Powerlinks Transmission
AmbitionBox Best Places to Work in India Awards
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Change Company | Change Company | Change Company | ||
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Overall Rating | 4.0/5 based on 1.4k reviews | 4.2/5 based on 1.4k reviews | 3.9/5 based on 1.7k reviews | 4.2/5 based on 721 reviews |
Highly Rated for | Job Security Work-Life balance Skill development | Skill development Job Security Company culture | Job Security Skill development Salary & Benefits | Job Security Work-Life balance Work Satisfaction |
Critically Rated for | Promotion/Appraisals | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 83% employees reported | Work from office 83% employees reported | Work from office 81% employees reported | Work from office 79% employees reported |
Rating by Women Employees | 3.8 Good rated by 143 women | 4.0 Good rated by 87 women | 3.8 Good rated by 25 women | 4.7 Excellent rated by 14 women |
Rating by Men Employees | 4.0 Good rated by 1.2k men | 4.2 Good rated by 1.2k men | 3.9 Good rated by 1.6k men | 4.1 Good rated by 673 men |
Job Security | 4.3 Good | 4.0 Good | 3.9 Good | 4.2 Good |
Tata Power Salaries
Lead Engineer
Graduate Engineer Trainee (Get)
Team Lead
Associate Lead
Electrical Engineer
Financial Associate
Officer
Supervisor
Project Manager
Channel Sales Executive
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Tata Power News
CLSA Maintains 'Underperform' Rating On Tata Power But Raises Target Price—Here's Why
- CLSA maintains 'Underperform' rating on Tata Power.
- CLSA raises target price for Tata Power to Rs 351 from Rs 297.
- Key concern highlighted is weak profitability of Tata Power's RE IPP business.
- Tata Power's new solar cell and module factory aims to replace imported solar cells.
Free Charging Offer For New Tata Nexon EV, Curvv EV Buyers In December
- Tata Motors is offering free charging at Tata Power EZ charging stations for new buyers of the Nexon EV and Curvv EV.
- This scheme is valid for purchases made between December 9 and December 31, 2024.
- Customers must register their EVs on the Tata Power EZ Charge app to activate the free charging services.
- The offer includes up to 1,000 units of electricity or six months of free charging, after which standard tariffs will apply.
Buy, Sell Or Hold: LIC, Piramal Pharma, Mamaearth, Tata Power, Titagarh Rail Systems — Ask Profit
- Market analysts share insights for short-term and long-term investors on whether to buy, sell or hold shares of LIC, Tata Power, Hyundai Motors, Mamaearth, and Piramal Pharma, among others.
- Tata Power: Analyst suggests to hold with a target of Rs 500 level.
- LIC: Analyst suggests to hold with a target of Rs 1,150-1,200 level.
- Piramal Pharma: Analyst suggests to hold with a target of Rs 325-350 (9-12 month horizon) or Rs 400-plus (more than two years) level.
- Titagarh Rail Systems: Analyst suggests to buy with a target of Rs 1,450 to Rs 1,500 plus level.
Tata Power Renewable ties up with Murugappa group firm for EV charging
- Tata Power Renewable (TPREL) has signed an MoU with Murugappa group firm TIVOLT Electric Vehicles for EV charging.
- TPREL will leverage its expertise to set up and manage EV charging infrastructure at TIVOLT dealerships, customer locations, and public spaces.
- TPREL has previously partnered with other OEMs to provide customised EV charging stations in over 100 cities.
- TPREL will also explore the use of solar energy for powering TIVOLT dealerships and customer locations.
Motilal Oswal Maintains 'Buy' On Tata Power, Says Ambitious Investments, Strategic Expansion To Drive Growth
- Motilal Oswal maintains 'Buy' on Tata Power and expects ambitious investments and strategic expansion to drive growth.
- Tata Power's capital expenditure (capex) is estimated to rise to Rs 1,460 billion in the next five years, around 3 times the capex over the last five years.
- The brokerage believes that this increased capex will support Tata Power's growth plans.
- Motilal Oswal Financial Services highlights Tata Power as a promising investment opportunity.
Tata Power Could Double Its Solar Manufacturing Capacity If Needed
- Tata Power has commissioned its 4.3 GW solar cell manufacturing unit in Tirunelveli, Tamil Nadu, increasing their total solar module and cell manufacturing capacity to over 4.8 GW each.
- The company has the potential to double its manufacturing capacity at the same site, with a decision on expansion yet to be made.
- Tata Power plans to focus on the domestic market and utilize all its produced solar modules for domestic projects. The company has tied up production for the next 12 to 16 months.
- The solar modules will be used for Tata Power's own utility projects, as well as third-party solar utility projects. The company is also active in the solar rooftop segment, which is expected to grow at a 36% CAGR between FY24-30.
Tata Power commissions 431 MW solar project in Madhya Pradesh
- Tata Power has commissioned a 431 MW solar project in Madhya Pradesh.
- The solar installation features single-axis trackers and bi-facial modules, increasing system efficiency by over 15 percent.
- The project is expected to offset approximately 780,300 tonnes of CO2 annually.
- TPREL's renewable energy capacity now stands at 10.9 GW, with 5.4 GW currently operational.
Stock Recommendations Today: Canara Bank, Angel One, Jupiter Wagons Among Top Picks Of Market Experts
- GE Vernova T&D India- Book partial profits; hold for long term.
- Canara Bank- Stay invested as the banking space is in a sweet spot.
- Angel One- Long positions recommended; avoid 5Paisa.
- Rail Vikas Nigam- Build fresh longs above Rs 480 for Rs 550-600 levels.
- Jupiter Wagons- Positive on railway space, remain invested till target of Rs 520-530.
- Bharat Dynamics- Hold for long-term as order book is decent.
- Tata Power Co.- Buy on dips, as Rs 400 is a crucial support level.
- Stock market update: Nifty, Sensex extend decline as Infosys, RIL Share Prices rise.
- Stock recommendations by Astha Jain, Senior Research Analyst at Hem Securities, and Swati Hotkar, AVP-Equity Technical Research at Nirmal Bang Securities.
- Railway space is expected to have potential growth in the second half.
Stock Market Live: GIFT Nifty Above 23,400; LIC, Tata Power, SJVN Share Prices In Focus
- The GIFT Nifty was trading above 23,400 in early trade on Friday.
- Life Insurance Corp, Man Industries Ltd., Tata Power Ltd., and SJVN Ltd. share prices are likely to react.
- Asian share indices gain, tracking Wall Street.
- US stocks end higher as traders digest Nvidia's earnings outlook.
Stock Market Today: All You Need To Know Going Into Trade On Nov. 14
- The US stock markets opened on a flat note on Wednesday, as the rally triggered by Donald Trump's presidential poll victory looks to halt.
- The NSE Nifty 50 ended at over a four-month low for the second session in a row.
- Overseas investors remained net sellers of Indian equities for the 33rd consecutive session on Wednesday.
- Avanti Feeds, Bharat Forge, and Cipla are in focus today as their earnings are declared.
- Thermax, Eicher Motors, Astrazeneca Pharma, Vodafone Idea, Forty stocks are scheduled to announce quarterly results after-market hours on Friday.
- The Indian rupee closed flat at 84.38 against the US dollar on Wednesday, holding near its all-time low of 84.4162.
- Wipro, Indian Overseas Bank, Tata Communications, and Tata Power are some stocks to keep an eye on.
- Niva Bupa Health Insurance Company's shares debut on Thursday.
- The public issue of Zinka Logistics Solution was subscribed to 0.24 times on day 1.
- PNB Housing Finance and Uflex were pledged by their promoters.
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