Tata Power Renewable Energy Records Over 130% YoY Growth in Utility Scale Execution in Q2 FY2

Tata Power Renewable Energy Commissions 419 MW in Q2 FY27

Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, commissioned 419 MW of utility-scale renewable energy projects in Q2 FY27. This represents year-on-year growth of over 130% compared with 182 MW executed in the corresponding quarter of the previous financial year.

During the quarter, the company also executed 131.2 MWh of battery energy storage projects. Of this, 101.2 MWh was allocated to in-house projects, while the remaining 30 MWh was for third-party projects. The performance reflects continued execution across utility-scale solar, wind and battery storage developments.

Tata Power H1 FY27 Execution and Key Project Updates

During the first half of FY27, TPREL achieved 645 MW of utility-scale project execution and commissioned 161.2 MWh of battery energy storage projects.

Key projects highlighted by the company include the 100.8 MW Jewali Wind Project and the 227.5 MW Kalasar solar project. Other project developments include the 100 MW Kayathar Group Captive Project and the 72.5 MW Tata Steel Captive Project.

The company continues to expand its renewable energy portfolio through solar, wind and battery storage projects, supporting its utility-scale generation and energy storage operations.

Tata Power Renewable Energy Portfolio and Outlook

TPREL's utility-scale operational portfolio expanded to 7.2 GW, comprising 5.8 GW of solar capacity and 1.3 GW of wind capacity.

The company expects to execute more than 2 GW of additional projects in H2 FY27. Its broader renewable energy pipeline includes solar, wind and battery storage developments. Tata Power has also indicated an overall operational capacity target of approximately 12 GW by FY28.

Tata Power Q2 FY27 Execution Highlights

• Company: Tata Power Renewable Energy Limited (TPREL).
• Parent Company: The Tata Power Company Limited.
• Reporting Period: Q2 FY27.
• Q2 Utility-Scale Execution: 419 MW.
• Year-on-Year Growth: Over 130%.
• Q2 FY26 Comparable Execution: 182 MW.
• Q2 Battery Storage Execution: 131.2 MWh.
• In-house Battery Storage Projects: 101.2 MWh.
• Third-party Battery Storage Projects: 30 MWh.
• H1 FY27 Utility-Scale Execution: 645 MW.
• H1 Battery Storage Project Execution: 161.2 MWh.
• Key Wind Project: 100.8 MW Jewali Wind Project.
• Key Solar Project: 227.5 MW Kalasar solar project.
• Other Key Projects: 100 MW Kayathar Group Captive Project and 72.5 MW Tata Steel Captive Project.
• Utility-Scale Operational Portfolio: 7.2 GW.
• Solar Portfolio: 5.8 GW.
• Wind Portfolio: 1.3 GW.
• H2 FY27 Execution Target: More than 2 GW of projects.
• FY28 Operational Capacity Outlook: Approximately 12 GW.

What to Watch Next

• Investors may track quarterly updates on utility-scale project execution, renewable energy capacity additions and battery energy storage commissioning.
• Execution of more than 2 GW of projects targeted for H2 FY27 will be an important milestone, along with progress toward the FY28 operational capacity target.
• Further updates on solar and wind project commissioning, battery storage deployments and expansion of TPREL's operational portfolio may provide insights into its growth trajectory.