Mumbai, Dec. 15 -- Tata Power has officially announced through a stock exchange filing that it plans to invest Rs 1.25 lakh crore as capital expenditure (capex) to generate more than 30 GW of electricity between financial year 2025-26 (FY26) and 2029-30 (FY30).
Around 65% of this spending will be directed towards clean and green energy projects to enable the company generate 100% clean and green power generation by 2045, according to the regulatory filing.
By FY30, Tata Power expects to achieve revenues of Rs 1 lakh crore, an EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortisation) of Rs 30,000 crore, as well as a profit after tax (PAT) of Rs 10,000 crore.
In a related development, Tata Power also announced that it plans t...