Back Sep 17, 2024

Tata Power to invest up to $9 billion to expand renewable energy capacity

GUJARAT, Sept 17 (Reuters) - India's Tata Power (TTPW.NS), opens new tab plans to invest about 700-750 billion rupees ($8.95 billion) to expand its renewable energy capacity over the next five to six years, Chief Executive Officer Praveer Sinha said on Tuesday.

The company expects 15 gigawatt of more renewable capacity addition by 2030, added Sinha.

Source: Reuters