Praveer Sinha

Tata Power's CEO and MD Praveer Sinha said he is expecting Uttar Pradesh to be the next state government to put out bids for private participation in its discoms

Tata Power to sign PPA for Mundra plant with Gujarat govt soon, says CEO Sinha

The signing may happen in a few days, Praveer Sinha, the company's managing director and chief executive officer said in an interview with Moneycontrol

Tata Power targets data centres as new growth engine; aims 100% clean energy supply by 2030: CEO Praveer Sinha

Tata Power has 5.4 GW of projects in pipeline and we will be able to complete all this in the next two years. So, any new bid that we win will come only in the third year. This is in fact the current scenario for the entire renewable energy sector in India, which is why the government is reassessing its scale of tendering such projects, Sinha said.

Tata Power to set up 10GW solar ingot and wafer plant in India

Tata Power reported a marginal decline in its consolidated net profit for the second quarter of FY26, coming in at Rs 919.4 crore, down 0.7 percent year-on-year from Rs 926.5 crore. CEO Praveer Sinha attributed this to heavy monsoon across India which dampened electricity demand.

India’s power demand could see an uptick from August-end: Tata Power CEO

Praveer Sinha, CEO of Tata Power, also said the company plans to double its rooftop solar business from the current 25,000 installations per month to 50,000 by the end of FY26.

Tata Power bets on nearly doubling its revenue to Rs 1 lakh crore by 2030: CEO & MD Praveer Sinha

From December, Tata Power has commissioned its 4.3 GW solar cell manufacturing unit in Tirunelveli, Tamil Nadu which is an addition to the 4.3 GW module manufacturing plant commissioned in October, 2023 located at the same site.

Tata Power to nearly double its capex to Rs 22,000 cr in FY25: Praveer Sinha, MD & CEO

The company has advanced its execution timelines and is implementing some projects slated for next year in the current fiscal.

Tata Power chief sees boost for Indian solar industry from govt initiatives

The global glut amid rising solar manufacturing capacity would not impact the company’s business as the government, plans to bring out an ALMM for solar cells, as in the case of solar modules.

Tata Power seeing huge uptick in demand for solar rooftops: CEO Praveer Sinha

For the quarter, Generation, Renewables, and Transmission & Distribution businesses contributed 84 percent of the PAT, up from 72 percent in Q1FY24.

Live: Tata Power MD and CEO Praveer Sinha on Q4FY24 results, outlook for FY25 and growth plans

Tata Power reported a consolidated net profit of Rs 1,045.59 crore for the fourth quarter of FY24, up 11.37 percent on year driven by strong performance of its core thermal coal generation business. The company’s revenue from operations was up 27 percent to Rs 15,846.50 crore in the quarter ending March 31. The Tata group’s power utility’s Managing Director and CEO Praveer Sinha spoke exclusively with Moneycontrol on growth plans, way ahead and how the company is diversifying its portfolio.

Tata Power plans to hike FY25 capex to Rs 20,000 cr vs Rs 12,000 cr last year

CEO and MD Praveer Sinha said about 50 percent of the total capex would be used for renewables, while the balance would be utilised for businesses in others sectors including distribution, transmission and coal-based plants

Tata Power will be a leading supplier for PM Rooftop Solar Scheme: CEO Praveer Sinha

According to Sinha, the timing of the announcement couldn't have been better for Tata Power. To install solar panels in one crore households, domestic content requirement (DCR) solar PV modules will be needed, and Tata Power's new module-making unit will be well-positioned to supply the same.

Exclusive | 51% of Tata Power's installed capacity to be green by FY26: CEO & MD Praveer Sinha

Sinha also clarified that the company has no plans to invest in any new thermal capacity henceforth.

Power sector will play a big role in India’s $5 trillion economy goal: Tata Power CEO & MD

Considering that India is one of the fastest-growing economies and there is an aspirational India, which is expecting a lot of improvement in the quality of life, this is the decade of India, and maybe even the next few decades, said Praveer Sinha.

Q1 Earnings: Tata Power reports 29% increase in profit at Rs 1,140.97 crore

Consolidated revenue from operations for the Tata Group company remained almost flat with an increase of only 1.5 percent at Rs 14,982.55 crore compared to Rs 14,752.69 crore during the same period last year

Praveer Sinha reappointed Tata Power CEO & MD for 4 more years

His re-appointment to the top post is for a period of four years from May 1, 2023, to April 30, 2027.

Divestments likely in 12-24 months, in talks with govt for extension of imported coal price pass-through: Tata Power CEO

Praveer Sinha says India may slip a little in meeting renewable energy targets for 2030, but directionally will move ahead despite the delay.

Tata Power will add up to 2.5 GW renewable energy capacity every year, divest non-core assets: CEO

Praveer Sinha expects global coal prices to remain elevated for at least two years but sees some relief going ahead on the domestic front as Coal India and others scale up production.

Tata Power will pare debt via divestment and profit but focus is on growth now: CEO

Praveer Sinha said the company is comfortable with the current financial ratios, and the earnings before interest, tax, depreciation and amortization from the business would help service the debt

Tata Power Renewable Energy commissions 100 MW solar project in Maharashtra

According to the statement, the installation comprising over 4,11,900 monocrystalline PV modules is expected to reduce around 234 million tonnes of CO2 annually.

#MCAtDavos: Tata Power to expand its clean energy by 5 times in next 5 years

In conversation with Moneycontrol, Tata Power CEO, Praveer Sinha said that they are going big on rooftop solars & EV charging. He added that they are also looking to expand their 5 GW of renewable energy by 5x in the next 5 years

All 5 units of Mundra plant to run at full capacity for next 6 months, says Tata Power's Praveer Sinha

EBITDA for the Mundra plant and other imported coal-based facilities would be positive from the first quarter on, Sinha has said

Tata Power to raise Rs 2,600 crore from promoter, set up InvIT for renewable business

The board also gave in-principle approval for setting up of InvIT (Infrastructure Investment Trust) for the company's renewable business on terms and conditions to be discussed with potential investors.

Tata Power to sell three ships to German company Oldendorff Carriers for $212.76 million

The transaction also includes a long-term freight contract with Oldendorff Carriers, one of the largest dry-bulk shipping companies in the world.

Tata Power appoints Praveer Sinha as new CEO, MD

The Tata Power-DDL is a public private partnership (Joint Venture) between Tata Power and the Delhi government, supplying power to over seven million people in North and North-West Delhi.