At Tata Power, we have an established and integrated approach to formulate and implement a purpose driven strategy. We conduct an annual strategy review, enabling efficacious performance assessment, evaluation of the current strategy and establishing avenues to capitalize on our stakeholder’s needs. A thorough assessment of our existing business activities as well as their interdependence is conducted with regard to the evolving external and regulatory environment, geo-political challenges, macro economic environment and innovation, among others. Our 4 phase approach representing a feedback loop supports the seamless and effective implementation of our strategy and forms the core of our strategic planning process.
Empower a billion lives through sustainable, affordable and innovative energy solutions.
Safety is a core value over which no business objective can have a higher priority
Care for Environment, Shareholders, Customers (both existing and potential), our Community and our People (our Employees and Partners)
Speed, Responsiveness and being Proactive, achieved through Collaboration and Empowering Employees
Building future ready skill sets through learning and training. Maximise usage of e-learning platforms
Achieve the most admired standards of Ethics through Integrity and mutual trust
We understand that progress in sustainability is driven by enhancing value generated for our stakeholders. Building on our vision, we aim to understand our role in society, our ability to facilitate enhanced economic activity, progress towards holistic development and ultimately augment our capabilities to create value. A strong foundation of our values guided by our vision and customer-centric approach, enables us to SCALE new heights and establish robust Strategic Business Objectives (SBOs) through an interactive feedback loop. We then leverage our key businesses to strategically translate our SBOs into longterm sustainable outcomes
Tata Power’s Customer-Centric Approach
SCALE new heights
Feedback loop
Profitable scale-up of Renewables, Distribution, Services and Energy Solutions business
Focus on Sustainability with an intent to attain carbon neutrality
Maintaining financial leverage at targeted levels
Leverage digital platforms to drive new customer centric businesses
Develop future energy products and solutions
Create an engaged, agile, customer centric and future ready workforce
Minimizing coal cost under recovery in CGPL
Set new benchmarks in operational excellence and financial returns for existing businesses
Solar and wind generation, Solar cell and module manufacturing, Utility scale EPC, Floating Solar, microgrids Solar rooftop and pumps
Hydroelectric, Thermal and Waste Heat Recovery Plants
Transmission services, Distribution services, Demand Side Management programmes, Energy Management Solutions, SMART meters
O&M Management Services
Project Management Services
Corporate Management Services
EV Charging solutions, Home automation, Smart electrical appliances, Battery storage, Round-theclock renewables, Hybrid renewables
Trading power through exchanges
At Tata Power, we are always inspired by the challenges and opportunities and strive to energize our customers for smart, future ready energy solutions. We take conscious and measurable actions to transform our business in response to the evolving needs and preferences of our stakeholders. Additionally, we take cognizance of the diverse range of stakeholder perspectives to build our strategy and strengthen our performance.
Pursue 2 GW of solar and hybrid capacities annually to grow from 4 GW to 15 GW
353 Villages to be empowered through microgrids
Expand clean and green capacity* to 60%
Achieve 100% water neutrality and zero waste to landfill (biodegradable)
Positively impact 30 million lives
Achieve clean & green capacity* of 80%
Pursue 2 GW of solar and hybrid capacities annually to grow more than 25 GW
Achieve carbon neutrality
Become 100% water positive
*Clean & green Capacity – Includes wind, solar, hydro and waste heat gas based capacity