72.5 MW Solar Project Commissioned: Tata Power Renewable Energy Expands Capacity to 12.3 GW; Check Details

Tata Power Renewable Energy Limited has commissioned a 72.5 MW captive Solar project at Kalasar in Bikaner, Rajasthan, for Tata Steel Limited, expanding its renewable utility capacity to 12.3 GW.

The project is expected to generate 166 MUs of green energy annually and supply Tata Steel through TP Vardhman Surya Limited, a subsidiary of Tata Power Renewable Energy Limited, or TPREL. The installation is designed to support Tata Steel’s decarbonisation and sustainability objectives.

The solar project is expected to offset around 118,856 tonnes of carbon emissions a year. It uses 171,360 modules manufactured by TP Solar Limited, linking Tata Power’s solar manufacturing operations with the captive renewable-energy requirement of the steel producer.

TPREL described the installation as an integration of large-scale solar generation and the latest technology solutions. The project adds to the company’s renewable-energy portfolio while advancing Tata Steel’s use of green energy for its operations.

‘This project underscores TPREL's strong engineering expertise and execution excellence, highlighting our capability to deliver complex, technology-driven renewable energy assets within demanding timelines. We remain steadfast in our commitment to developing innovative clean energy infrastructure that enhances grid resilience, supports industrial decarbonization, and advances India's vision of a sustainable, low-carbon energy future.’
Also Read - Fresh 52--Week High: Penny Stock Surges 110% in One Month; 31.22% FII Holding and Rs 25 Crore AI Order Drive Investor Attention

Following the commissioning, TPREL’s renewable utility capacity stands at 12.3 GW. About 7 GW is operational, including 5.7 GW of solar capacity and 1.3 GW of wind capacity. A further 5.3 GW is under various stages of implementation, comprising 2.2 GW of solar and 3.1 GW of wind projects.

The company expects the capacity under implementation to be commissioned in phases over the next six to 24 months. Its renewable-energy solutions serve utility requirements as well as datacentres, communications, information technology, petrochemicals, steel, automobile, fast-moving consumer goods and biotechnology sectors.

TPREL said its renewable expansion supports clean-energy development and contributes to India’s objective of achieving 500 GW of non-fossil fuel capacity by 2030. The Tata Steel project illustrates the use of captive solar assets to supply industrial demand while increasing renewable generation capacity.

The Tata Power Company Limited is an integrated power company operating across generation, transmission, distribution, trading, solar manufacturing, renewable project execution, rooftop solar and EV charging. Its installed and managed capacity was 16,716 MW on March 31, 2026, including 16,229 MW in India and 487 MW internationally.

Tata Power Company Ltd.'s stock traded at Rs 352 as of August 27, 2026, 3:35 PM, versus the previous close of Rs 365.35, a one-day decline of 3.65 per cent. One-year, two-year and three-year returns were -3.33 per cent, -13.52 per cent and 48.94 per cent; it underperformed the BSE 500 (3.17 per cent). 52-week high/low: Rs 461.55/Rs 345.30. FII holdings fell 0.01 p.p.; DII holdings rose 0.14 p.p.

Disclaimer: The article is for informational purposes only and not investment advice.