Tata Power to expand renewable capacity fivefold in five years, says Ashish Khanna

Tata Power plans to increase its renewable energy capacity from 3 GW to 15 GW in five years, aiming for a five times the growth in five years. The company is focusing on hybrid, floating solar, storage, and round-the-clock power solutions. Ashish Khanna, President of Renewables at Tata Power, emphasized the company's integrated approach, combining renewable energy generation with distribution capabilities. Tata Power aims to add at least 2 GW per year through its own investments and maintain a leadership position in its EPC businesses. The company anticipates significant growth across its various business segments over the next five to six years.