Is Tata Power Set to Revolutionize Energy Storage with Pumped Hydro Project near Lonavla in Mumbai?

Tata Power aims to expand its business footprint through technologies like pumped hydro storage, offshore wind, green hydrogen, and small modular nuclear reactors.

Photo Credit - ET Energy World

The company is focusing on emerging technologies like pumped hydro storage, offshore wind, green hydrogen, and small modular nuclear reactors.

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The company plans to double its capital expenditure this year to Rs 12,000 crore, positioning itself as a leader in the green energy transition

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Tata Power is establishing a 4 GW greenfield solar cell and module manufacturing capacity in Tamil Nadu with an investment of around Rs 3,000 crore.

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With an installed capacity of nearly 1,650 MW, Tata Power is a leading solar rooftop provider in India, operating in 275 districts and partnering with over 450 dealers across the country.

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The company plans to expand its EV charging network to over 25,000 charging points within the next five years.

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Currently, Tata Power has the largest market share in EV charging in India, with over 40,000 home chargers, 4000 public and semi-public charging points, and 250 bus charging points across 550 cities.

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