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Tata Power Profit Slips but Rooftop Solar Growth Remains Strong
Tata Power’s profit dipped marginally but solar-and-wind expansion remained resilient, underscoring steady progress on India’s clean-energy transition.
Tata Power reported quarterly profit of ₹919 crore, slightly below last year’s figure, even as renewable-energy capacity and rooftop-solar installations accelerated. Management reaffirmed commitment to the Suzlon wind partnership and green-generation targets. Analysts noted that expanding clean-tech projects offset margin pressure from thermal operations. Rising electricity-demand visibility and government incentives continue supporting renewable-portfolio diversification, reinforcing Tata Power’s role in India’s energy-transition strategy and decarbonization roadmap.