Tata Power Signs Pact to Develop 5,000 MW Renewable Energy in Assam, India with INR300 Billion Investment

MT Newswires Live

Feb 26, 2025

The Tata Power Company (NSE:TATAPOWER, BOM:500400) has entered into a memorandum of understanding with the state government of Assam, India to support upto 5,000 MW of renewable and clean energy projects, according to a Tuesday filing to the Indian stock exchanges.

These renewable energy projects, including solar, wind, hydro, and energy storage, will entail an investment of 300 billion Indian rupees over the next five years.

Under the pact, the Assam government will facilitate the identification and allocation of around 20,000 acres of encumbrance-free government land on a lease basis and help the company in acquiring private land suitable for solar, wind, hydro, and energy storage projects.

The company's subsidiary Tata Power Renewable Energy has also entered into an MoU with Assam Power Distribution Company to collaborate on scaling up rooftop solar adoption.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2514009619"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2514009619\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2514009619?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-26 15:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2514009619","market":"hk","top_or_hot":-1,"title":"Tata Power Signs Pact to Develop 5,000 MW Renewable Energy in Assam, India with INR300 Billion Investment","media":"MT Newswires Live","content":"<html><body><p> The Tata Power Company (NSE:TATAPOWER, BOM:500400) has entered into a memorandum of understanding with the state government of Assam, India to support upto 5,000 MW of renewable and clean energy projects, according to a Tuesday filing to the Indian stock exchanges.</p><p>These renewable energy projects, including solar, wind, hydro, and energy storage, will entail an investment of 300 billion Indian rupees over the next five years.</p><p>Under the pact, the Assam government will facilitate the identification and allocation of around 20,000 acres of encumbrance-free government land on a lease basis and help the company in acquiring private land suitable for solar, wind, hydro, and energy storage projects.</p><p>The company's subsidiary Tata Power Renewable Energy has also entered into an MoU with Assam Power Distribution Company to collaborate on scaling up rooftop solar adoption.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tata Power Signs Pact to Develop 5,000 MW Renewable Energy in Assam, India with INR300 Billion Investment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTata Power Signs Pact to Develop 5,000 MW Renewable Energy in Assam, India with INR300 Billion Investment\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-02-26 15:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> The Tata Power Company (NSE:TATAPOWER, BOM:500400) has entered into a memorandum of understanding with the state government of Assam, India to support upto 5,000 MW of renewable and clean energy projects, according to a Tuesday filing to the Indian stock exchanges.</p><p>These renewable energy projects, including solar, wind, hydro, and energy storage, will entail an investment of 300 billion Indian rupees over the next five years.</p><p>Under the pact, the Assam government will facilitate the identification and allocation of around 20,000 acres of encumbrance-free government land on a lease basis and help the company in acquiring private land suitable for solar, wind, hydro, and energy storage projects.</p><p>The company's subsidiary Tata Power Renewable Energy has also entered into an MoU with Assam Power Distribution Company to collaborate on scaling up rooftop solar adoption.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PW","symbol_name":"Power REIT","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2514009619","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514009619","pubTimestamp":1740553373,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"The Tata Power Company  has entered into a memorandum of understanding with the state government of Assam, India to support upto 5,000 MW of renewable and clean energy projects, according to a Tuesday filing to the Indian stock exchanges.These renewable energy projects, including solar, wind, hydro, and energy storage, will entail an investment of 300 billion Indian rupees over the next five years.Under the pact, the Assam government will facilitate the identification and allocation of around 20,000 acres of encumbrance-free government land on a lease basis and help the company in acquiring private land suitable for solar, wind, hydro, and energy storage projects.The company's subsidiary Tata Power Renewable Energy has also entered into an MoU with Assam Power Distribution Company to collaborate on scaling up rooftop solar adoption.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PW":"Power REIT","BK4084":"特种房地产投资信托","5AL.SI":"安尼卡","BK4234":"特殊用途房地产信托"},"translate_title":"塔塔电力签署协议，投资3000亿印度卢比在印度阿萨姆邦开发5,000兆瓦可再生能源","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"5AL.SI":1,"PW":1},"content_text":"The Tata Power Company (NSE:TATAPOWER, BOM:500400) has entered into a memorandum of understanding with the state government of Assam, India to support upto 5,000 MW of renewable and clean energy projects, according to a Tuesday filing to the Indian stock exchanges.These renewable energy projects, including solar, wind, hydro, and energy storage, will entail an investment of 300 billion Indian rupees over the next five years.Under the pact, the Assam government will facilitate the identification and allocation of around 20,000 acres of encumbrance-free government land on a lease basis and help the company in acquiring private land suitable for solar, wind, hydro, and energy storage projects.The company's subsidiary Tata Power Renewable Energy has also entered into an MoU with Assam Power Distribution Company to collaborate on scaling up rooftop solar adoption.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}