16-May-2026
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GCCs, EVs, commercial spaces offering big opportunities: CEO & MD, Tata Power
15-May-2026

Tata Power beat analyst estimate with a profit of Rs 996 crore in Q4. Going ahead, the integrated power company would be ready with a detailed project report (DPR) for its nuclear projects. Its MD & CEO Praveer Sinha tells Raghavendra Kamath that data centres are not a significant opportunity for power players. Excerpts: Where are you incurring the Rs 25,000-crore capex planned for FY 27 Essentially four buckets,25% will go into large utility scale projects, 25% in transmission projects in Mumbai and others, 25% in T&D (transmission and distribution) put together, and remaining in hydro and pumped storage (PSPs) and project completion.

News Source:- https://www.financialexpress.com/business/industry-unlikely-data-centre-biz-a-game-changer-for-us-gcc-evs-commercial-spaces-offerings-big-opportunities-ceo-md-tata-power-4241496/