Tata Power Company Business Update
Tata Power's Mundra Thermal Plant directions under Section 11 of the Electricity Act have been extended by the Ministry of Power until December 31, 2026.
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Tata Power's Mundra Thermal Plant directions under Section 11 of the Electricity Act have been extended by the Ministry of Power until December 31, 2026.
Tata Power redeemed Rs. 500 Crore Commercial Paper at maturity on 23 September 2026. The full redemption of 10,000 instruments marked closure of a debt obligation.
Tata Power completed the full redemption of its Commercial Paper maturing on September 10, 2026. The company repaid the outstanding principal amount of ₹500 Crore.
Tata Power commissioned the 400kV Jalpura-Khurja transmission corridor and a 1,000 MVA substation in Uttar Pradesh. This project enhances power connectivity across the National Capital Region.
Tata Power has processed an interest payment of ₹96.50 Crore for its non-convertible debentures. The payment was made timely on the due date of August 27, 2026.
Tata Power reported that the Singapore International Commercial Court dismissed its challenge in an ongoing arbitration with Kleros. The company intends to appeal this decision.
Tata Power Renewable Energy Limited commissioned a 190.5 MW Solar FDRE project in Rajasthan. This project includes a 115 MWHr battery energy storage system for grid reliability.