BUSINESS AT A GLANCE
Enabling smart energy solutions for a future ready customer
At Tata Power, we aim to translate promise into action and build a future that supports sustainable energy transition. With a 107 year old legacy, we continue to empower customers to be #Futureready and pave the way for a smarter and greener tomorrow. Driven by the ambition to contribute to the global agenda of sustainable development, our vision and innovation driven culture enable us to leverage sustainable solutions to become a benchmark in the utility sector. Our integrated presence across the energy value chain has been further strengthened with our diverse business portfolio supporting our ambition as the first power utility in India to commit to ‘Carbon Neutrality’ before 2050. 1 We have a focused 3-D framework of Decarbonization, Decentralization and Digitalization. Additionally, to foster collaborative growth, we regularly interact with government bodies, institutions, NGOs and industry players across a myriad of member platforms.
Our Businesses
Renewable Energy Generation
Transmission & Distribution
Manufacturing
Utility scale solar EPC
Conventional Energy Generation
New Business
Power trading
Services Business
Our Vision
Empower a billion lives through sustainable, affordable and innovative energy solutions
Our Mission
Keeping the customer at the center of all we do
Operating assets and executing projects at benchmark level through technology & innovation
Sustainable growth with a focus on profitability and market leadership
Creating an empowered workforce driven by passion & purpose
‘Leadership with Care’ for all stakeholders
Our value generated outcomes
Power Supply
With strengthened partnerships and a collective vision to deliver uninterrupted power supply, Tata Power goes beyond the meter to deliver solutions that enhance customer experience and satisfaction with presence across the entire value chain.
EV Charging
Tata Power drives innovative and seamless Electric Vehicle (EV) charging experiences for its customers across Home, Offices, Malls, Hotels, Retail Outlets and places of public access, enabling green mobility.
Solar Rooftops
As India’s undisputed solar rooftop leader, Tata Power provides Engineering, Procurement and Construction (EPC) solutions pan India, across residential, commercial, industrial and institutional consumers.
Solar modules and cells
As one of the globally recognised Tier-1 bankable solar module manufacturers, we consistently augment technology innovation with cutting edge manufacturing capabilities.
Solar RO systems
To address the challenge of availability and accessibility to clean and safe drinking water, Tata Power provides solar powered water purifier solutions with the latest technologies of Reverse Osmosis (RO) or Ultra Filtration (UF) in remote and rural India.
Solar Pumps
Tata Power provides a range of sustainable solar water pumps that provide myriad solutions to empower communities and drive the renewables growth agenda of India
Microgrids
To augment the provision of dependable, affordable and clean power supply to rural households and enterprises, Tata Power continues to scale up innovative microgrid solutions through robust partnerships and unique collaborations
Home automation solutions
In our endeavor to drive energy efficiency, we offer innovative home automation solutions for all our consumers, enabling the convenient and remote use of home appliances along with safe and satisfied user experience.
Utility scale solar EPC
As India’s largest integrated solar EPC Company, TPSSL manufactures solar cells and modules and provides end to end solutions to our customers for establishing utility scale rooftop and other solar projects.
Our memberships and associations are provided in Annexure 1. We have 59 subsidiaries (inclusive of 7 foreign-based), 33 Joint Ventures (JV) and 5 associates which are further detailed in Annexure 2. Of the subsidiaries, 3 companies have been classified as JVs under Indian Accounting Standards (Ind AS). 1 https://www.tatapower.com/pdf/investor-relations/edelweiss-esg-conference-mar2021.pdf