Tata Power Plans Rs 200 Billion Capex Investment for 2024-25

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Tata Power has planned to invest Rs 200 billion capex in 2024-25.

The planned capex is over and above the Rs 120 billion invested in 2023-2024. A large part of this will be towards accelerating the company’s renewable energy portfolio and balance towards transmission and distribution businesses. The company will also explore participation in small modular nuclear reactors, once the Government gives necessary permissions apart from new distribution expansion opportunities in other states, as and when these opportunities arise in line with Government policies.

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