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Tata Power has outlined an ambitious FY30 target of ₹1 lakh crore

ICICIdirect Research 08 Jul 2026 DISCLAIMER

News: Tata Power has outlined an ambitious FY30 target of ₹1 lakh crore revenue and ₹10,000 crore net profit, supported by expansion across generation, transmission, distribution, renewables and manufacturing. The company also plans to set up a 10 GW integrated solar manufacturing facility in Odisha, target 30 GW generation capacity (including 20 GW renewable) by 2030, expand power distribution through privatisation opportunities, and enter the nuclear power segment through Small Modular Reactors (SMRs), with DPRs expected over the next six months.

View: Tata Power's medium-term roadmap reinforces its position as a diversified clean energy player with growth drivers spanning renewable generation, manufacturing, distribution and emerging nuclear opportunities. Expansion in solar manufacturing and potential entry into SMRs could strengthen long-term earnings visibility, while participation in future discom privatisation offers an additional growth avenue.

Impact: Positve

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