The company, with operations ranging from generation to transmission and retailing of power, will also expand into new areas such as solar irrigation pumps and electric vehicle charging, chairman Natarajan Chandrasekaran said at a virtual shareholder meeting.新2最新网址(www.hg108.vip)实时更新发布最新最快最有效的新2网址和新2最新网址,包括新2手机网址,新2备用网址,皇冠最新网址,新2足球网址,新2网址大全。
MUMBAI: Tata Power Co says it will invest about 750 billion rupees (US$9.5bil or RM42bil) in renewables over the next five years as it aims to almost double the share of clean energy in its portfolio.
The company, with operations ranging from generation to transmission and retailing of power, will also expand into new areas such as solar irrigation pumps and electric vehicle charging, chairman Natarajan Chandrasekaran said at a virtual shareholder meeting.
Tata Power is also accelerating its net-zero target to 2045, Chandrasekaran said. The company had previously set a goal of hitting the mark by 2050.
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Tata Power had 9.7 gigawatts of fossil fuel generation capacity and 2.7 gigawatts of renewables at the end of 2021, according to filings.
It plans to raise the share of clean energy capacity to 60% in five years from about a third now, Chandrasekaran said. — Bloomberg
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