• Mundra settlement impact: Tata Power achieved a record profit of ₹5,118 crore despite an ₹1,100 crore loss from the Mundra plant, which ran for only three months. With the coal cost pass-through issue now resolved, management expects the full financial benefit to materialize in FY27.
• Renewable capacity expansion: The company is setting up 2,500 MW of self-developed utility-scale capacity, comprising 1,500 MW of wind and 1,000 MW of solar. Commissioning is slated at a pace of roughly 600 to 700 MW per quarter starting in Q1.
• Discom operational improvements: Operational turnarounds in Odisha Discoms have led to increased billing and collection efficiency, lower electricity theft, and a reduction in AT&C losses to below 10%.
• Data center strategy: To capture rising demand from AI and data centers, Tata Power plans to provide 24/7 clean power by hybridizing solar, wind, battery storage, and pumped hydro, alongside end-to-end energy management solutions.