Tata Power has announced a capital expenditure programme of ₹1.25 trillion for the period from FY26 to FY30, with a significant emphasis on expanding its clean energy portfolio, according to a report by The Economic Times.
The company has set a target of achieving a total power generation capacity of 30 GW by FY30. Alongside this, Tata Power is aiming to scale its financial performance, with revenue projected at ₹1 lakh crore and profit after tax targeted at ₹10,000 crore over the same period.
Capacity Expansion and Investment Roadmap
Between FY26 and FY30, around 65% of the planned capital outlay will be directed towards clean and green energy initiatives. Tata Power currently operates 15.7 GW of installed capacity, including 7 GW from renewable sources. By FY30, the company plans to increase its clean energy capacity to 20 GW, forming the majority of its overall 30 GW target.
The company invested ₹13,214 crore in FY24 and ₹17,273 crore in FY25. Going forward, annual investments are expected to average about ₹25,000 crore over the next five years to support the planned capacity expansion.
Financial Targets
Tata Power has outlined revenue aspirations of ₹1 lakh crore by FY30, supported by an EBITDA target of ₹30,000 crore. Profit after tax is projected to reach ₹10,000 crore by the end of the period.
Solar Manufacturing Expansion
As part of its renewable energy strategy, Tata Power plans to set up a large-scale solar ingots and wafers manufacturing facility with a proposed capacity of 10 GW. The project involves an estimated investment of ₹6,500 crore and is expected to be completed within 18 to 24 months. This addition is intended to enhance the company’s footprint across the solar value chain, complementing its existing 4.9 GW solar cell and module manufacturing capacity.
Exploration of Nuclear Power
Tata Power is also evaluating opportunities in nuclear power generation, in line with India’s long-term objective of building up to 100 GW of nuclear capacity by 2047. This move reflects the company’s interest in diversifying its generation mix while aligning with national energy development plans.
Summary
Tata Power has unveiled a ₹1.25 trillion capital expenditure plan for FY26–FY30, focusing largely on clean energy to expand its total generation capacity to 30 GW. The strategy includes higher annual investments, solar manufacturing expansion, and exploration of nuclear power, alongside ambitious revenue and profitability targets for FY30.
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