December 3, 2024
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has commissioned a 431 MW DC solar project at Neemuch, Madhya Pradesh. The project, covering 1,635.63 acres, utilizes single-axis trackers and bifacial modules, which are expected to enhance system efficiency by over 15%. Deepesh Nanda, CEO and Managing Director, Tata Power Renewable Energy Limited, […]
December 2, 2024
Tata Motors and Tata International have inaugurated a vehicle scrapping facility in Pune, designed to process up to 21,000 end-of-life vehicles annually. Operated by Tata International Vehicle Applications (TIVA), the facility, named Re.Wi.Re (Recycle with Respect), is part of a network of such centers across India. The Pune facility can dismantle passenger and commercial vehicles […]
November 23, 2024
Tata Power has entered into a $4.25 billion Memorandum of Understanding (MoU) with the Asian Development Bank (ADB) to explore financing options for renewable energy and power infrastructure projects in India. The agreement was formalized during the COP29 climate conference in Baku, Azerbaijan. The proposed projects include a 966 MW solar-wind hybrid facility, pumped hydro […]
November 21, 2024
Tata Semiconductor Assembly and Test Pvt Ltd (TSAT) is establishing a semiconductor manufacturing facility in Morigaon, Assam, with an investment of ₹27,000 crore. The plant is designed to produce up to 48 million semiconductor chips daily, utilizing advanced packaging technologies, including flip chip and Integrated System in Package (ISIP). The facility, expected to be operational […]
November 18, 2024
Tata Electronics has reached an agreement to acquire a 60% stake in Pegatron’s iPhone manufacturing facility in Chennai, India, according to sources familiar with the matter. The Taiwanese company will retain a 40% share and provide technical support under the new joint venture, with Tata assuming operational control. The Chennai facility, which employs approximately 10,000 […]
November 15, 2024
Tata Power Company Limited has finalized the acquisition of ERES-XXXIX Power Transmission Limited, a special purpose vehicle (SPV), for ₹18.56 crore in cash. The transaction, announced on November 15, 2024, marks the acquisition of 100% equity in the SPV. ERES-XXXIX was incorporated on March 27, 2024, to develop a power transmission project on a Build-Own-Operate-Transfer […]
November 14, 2024
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power Company Limited, has commissioned the Omkareshwar Floating Solar Project in Madhya Pradesh’s Khandwa district. The project, with a capacity of 126 MW, was completed under an EPC contract valued at ₹596 crore awarded by NHDC Limited. The Omkareshwar project supplies energy to Madhya Pradesh […]
November 7, 2024
Tata Power has announced an investment of ₹550 crore (approximately $66 million) to develop and manage renewable energy and infrastructure at Noida International Airport (NIA). The agreement, structured around two Power Purchase Agreements (PPAs) for wind and solar power, was signed in New Delhi by representatives from both organizations, including Sanjay Banga, President of Transmission […]
October 28, 2024
India and Spain jointly inaugurated the Tata Aircraft Complex in Vadodara, Gujarat, today, marking the start of C-295 military aircraft assembly in India. The facility, operated by Tata Advanced Systems Ltd. (TASL), will assemble 40 C-295 aircraft as part of a 56-aircraft order for the Indian Air Force, with the remaining 16 units being manufactured […]
October 22, 2024
Tata Motors announced that it has secured an order to supply 1,000 units of its Tata LPO 1618 diesel bus chassis to the Uttar Pradesh State Road Transport Corporation (UPSRTC). The order was awarded through a government-conducted e-bidding process. Delivery will occur in phases, as per the terms agreed upon by both parties. This follows […]